Successful Home Mortgage Refinancing

When it comes to home mortgage refinancing, there are many different options out there that you need to consider along with the reasons for wanting ... to pay your mortgage payments on or before the due date, the better this looks on your credit report ... , Keeping Mortgage Payments Current and Maintaining Good Credit can help you to successfully [more...]

Date: 2009-01-07 11:48:14

Blog posts (45) | Videos (14)
 

Taking Home Mortgage Loans

by John Bear If you are looking to refinance your current mortgage, there are several options available for you ... refinancing would involve taking a new mortgage, mortgage companies require you to present various ... that an applicant wouldn’t just do anything bad to tarnish their perfect credit report. So they approve a no doc [more...]

Date: 2009-01-02 16:59:45

Mortgage Refinancing Rates

by Ray Lam If you are a homeowner in the process of refinancing your mortgage, proper comparison shopping can save you thousands of dollars ... quotes so the lenders do not access your credit reports until you are ready to submit the application ... have several loan options. Usually, homeowners refinance to lock in a low fixed rate. This way [more...]

Date: 2008-07-21 11:04:19

Loan Servicing Transfer vs. Refinancing

From the Arizona Mortgage Guru mailbag: Question: Well, we just received a notice that IndyMac, who we have a second mortgage with, ... help refinancing our loan. My concern is this, if we have to go through a “regular” refinance, there is no way we would qualify with our credit being in the dumps. It’s obvious they aren’t transferring [more...]

Date: 2008-10-29 04:23:16

Home Mortgage Refinancing Plan. Finally a Good Idea

In an attempt to help struggling American homeowners, the U.S. Department of Treasury, HUD, the Federal Housing Finance Agency, Freddie Mac, Fannie Mae and the Hope Now Alliance recently outlined a plan to avoid "preventable" foreclosures. Households that have missed three or more mortgage payments may receive assistance through refinanced [more...]

Date: 2008-11-14 05:22:00

What the Rescue is Buying

Demonstrators want federal plan to mandate mortgage refinancing program BRIDGEPORT — Demonstrators visited the office of U.S. Rep ... that banks participate in a new mortgage refinancing program. At least five of the 20 members ... The very thing that froze credit in the first place is going to freeze it again. As far as Bank [more...]

Date: 2008-10-02 18:29:06

Latest News in Refinancing Home Mortgages - Nov 13, 2008

Mortgage Applications Rise as Interest Rates Drop - CNBC The Mortgage Bankers Association said its seasonally adjusted index of mortgage ... billion of loans at interest rates tied to the price of credit- default swaps, raising the cost ... shifts course on its $700 billion rescue plan, Congress is examining whether even bigger changes [more...]

Date: 2008-11-13 15:05:25

Latest News in Refinancing Home Mortgages - Dec 11, 2008

Mortgage rates foreseen under 4% - Baltimore Sun WASHINGTON Government efforts to provide easier credit to consumers and to help housing finance ... economy and troubled credit markets. Mortgage applications were up 112 percent during the week [more...]

Date: 2008-12-11 12:40:58

Loan Calculator Tips To Save You Money

This article explains a few things about simple loan calculators, and if you’re interested, then this is worth reading, because you can never tell what you don’t know. Interest only refinance loans offer the flexibility of lower monthly payments and increased cash flow along with providing tax benefits. If you want the best rates when mortgage refinancing you, nothing beats knowing that you can compare offers from lenders or get different brokers. [more...]

Date: 2009-09-10 16:10:18

In mortgage modifications, property rights of investors must be respected

Today, in addition to Treasury Secretary Henry Paulson’s expected announcement of a major mortgage modification plan through the $700 billion TARP, ... in foreclosures” through the Federal Housing Administration refinancing plan mortgage bailout passed ... Abrogating Peter’s Contract to Pay Paul,” I noted that according to investment bank Credit Suisse [more...]

Date: 2008-11-12 15:47:59

Holiday Cheer?

For a little holiday cheer—or maybe not—here are revised lyrics for “My Favorite Things” that I wrote for the Urban Institute holiday party ... crashing, those T bills look great now. I’d like to retire but can’t figure out how. Refinancing mortgages might save some folks. Wall Street high flyers are all now bad jokes. When my job goes [more...]

Date: 2008-12-26 15:11:00

Refinances Booming? Not As Much As You Think

Discount all the reports you read about Americans lining up to refinance their mortgages and take advantage of the lowest rates ever ... of people seeking loans to purchase homes, they have set off a wave of refinancing applications. An index ... down. Only about a third of U.S. mortgage debt outstanding is likely to qualify for refinancing [more...]

Date: 2009-01-16 00:46:03

What You Need to Know About Refinancing

by Mary Bush Refinance loans allow you to take an old loan or several old loans, and redo your deal ... . It is the easiest way out of a foreclosure, but with bad credit, interest rates will be high. The current ... . In today’s economy, some banks are refinancing mortgages so that distressed homeowners can better [more...]

Date: 2008-12-19 19:08:13

What You Need to Know About Refinancing

by Mary Bush Refinance loans allow you to take an old loan or several old loans, and redo your deal ... . It is the easiest way out of a foreclosure, but with bad credit, interest rates will be high. The current ... . In today’s economy, some banks are refinancing mortgages so that distressed homeowners can better [more...]

Date: 2009-01-06 17:05:01

Mortgage Deadbeats Protest For More Money!

My sister-in-law and her husband were off in Manhattan last Friday and ran across this protest across the street from the New York Stock Exchange on ... explanation of one reason why there is a credit crisis:People borrowed money from banks to buy housesPeople ... got their money, either in an initial mortgage, refinancing and 'cashing out' some equity [more...]

Date: 2008-10-29 00:55:00

GA Mortgages: FHA Refinancing With Bad Credit

by Brenda Puckett You can’t turn on the television or open a newspaper or magazine without encountering a new headline showing the meltdown of the ... loan. FHA loan guidelines allow refinancing with higher debt ratios. They allow you to qualify ... guidelines due to past credit problems or because your home’s value has not gone up as fast [more...]

Date: 2008-06-20 09:12:32

What is a second mortgage?

For many of us, money can get tight every now and then. We have felt the pinch, and many are feeling it now ... is repaid in a single reduced monthly installment. No matter how bad one’s credit history is, getting ... for you.  A second mortgage refinancing not only gives convenience, but also saves you money. [more...]

Date: 2009-01-14 04:24:16

Fed “Shock & Awe,” What 0% Means, 2008 Pay Raises, Controversial Auto Survey and More!

Fed saves us from ourselves… details of the historic FOMC decision… Dan Amoss and James Turk on the implications of 0% interest rates… Dollar gets ... to further support credit markets and economic activity.” “This announcement,” Dan Amoss wrote ... . This may include a major mortgage refinancing initiative in 2009. A hint of such an initiative [more...]

Date: 2008-12-18 19:08:51

Fed “Shock & Awe,” What 0% Means, 2008 Pay Raises, Controversial Auto Survey and More!

by Addison Wiggin & Ian Mathias Fed saves us from ourselves… details of the historic FOMC decision Dan Amoss and James Turk on the ... that the Fed “will continue to consider ways of using its balance sheet to further support credit markets ... mortgage refinancing initiative in 2009. A hint of such an initiative could spark an extension [more...]

Date: 2008-12-17 20:11:42

Does It Pay to Re-Finance?

Does It Pay to Re-Finance? Refinancing your mortgage can be an excellent opportunity to save money and get better terms on your home loan ... of re-financing. These situations include when rates of interest drop, when the householders credit ... t be longer than the householder plans to retain the property. Credit Score Improvements [more...]

Date: 2009-01-08 14:49:52

Latest News in Refinancing Home Mortgages - Oct 16, 2008

Homeowners Ask: Hey, Washington, a Little Help? - Time A foreclosure sign sits in front of a home for sale in Stockton, California ... losses, homeowners consider default - Miami Herald More than four in 10 South Florida homeowners ... , chief executive of Lennar Corp., are lobbying for a $15,000 to $20,000 tax credit to spur demand, saying [more...]

Date: 2008-10-16 16:56:12

Bailouts - when will they end?

As most people knew and predicted, once one industry got a bailout (loan or direct grant of cash), it would be hard to tell all other industries 'no ... (subscription may be required.) They've got massive debts coming due and no new credit available.With ... Foresight Analytics LCC, $530 billion of commercial mortgages will be coming due for refinancing [more...]

Date: 2008-12-22 12:44:00

WSJ — Congressional Investigators Ask for More on Countrywide VIP Mortgage Program

Link.Related Posts:CNET: Wordpress gets own URL shortenerTynt Tracer: allows Web sites to track copying and pasting around the InternetMessage sent to JCCC employees, regarding new mission and visionKFL issues positive reaction to pro-life billKMBC: Think Twice Before Rolling Credit Card Debt Into Mortgage Refinancing [more...]

Date: 2009-09-30 19:13:21

Latest News in Refinancing Home Mortgages - Dec 25, 2008

Mortgage rates drop to lowest in 37 years - Economic Times NEW YORK : ... - Austin American-Statesman Mortgage rates are falling fast, and Americans are rushing to refinance [more...]

Date: 2008-12-25 14:42:33

Commercial developers lining up at the bailout window

Good Monday morning - I don't know how many people are reading out there, given the fact we're now squarely in the holiday season ... the market for car loans, student loans and credit-card debt. This money is intended to go directly to help ... Analytics LCC, $530 billion of commercial mortgages will be coming due for refinancing in the next three [more...]

Date: 2008-12-22 13:14:00

Selecting Best Homes in Los Angeles

by J. Kim Nowadays there are plenty of sites online that offer advice and information about what to do when buying a home ... as if their credit is bad or they have no credit whatsoever. Certainly the more loans and credit cards a person ... The Right Mortgage With the introduction of instant refinancing there are times now where [more...]

Date: 2008-10-29 01:54:17

Taking Advantage of Low Rates

Continued unrest in the Middle East, unemployment rates at the highest level in recent memory, ... and refinancing. My current 30 year mortgage is in the low 6 percent range which, when I got it back ... with my mortgage broker now, as the average 30 year is now around 5.5%. I'm fortunate enough to have a high credit [more...]

Date: 2009-01-12 20:56:00

General Growth, Mall Owner, May Be Facing a Sale - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times

Want a case study on how the credit crunch can affect non financial firms? ... the end of 2010, most of it in the form of maturing mortgage loans. Refinancing the debt is considered highly unlikely because of the credit squeeze and the decline in retail real estate values stemming [more...]

Date: 2008-10-17 19:51:00

And the winners are...

ME! For completing the challenge! Man, thinking THAT hard about what to wear really is tough work ... up and super relieved that I am refinancing my mortgage, which means extra cash to pay off all my credit [more...]

Date: 2008-11-26 00:12:00

Bailouts for All: Developers want a piece.

From the Wall Street Journal: With a record amount of commercial real-estate debt coming due, ... mortgages will be coming due for refinancing in the next three years — with about $160 billion maturing in the next year. Credit, meanwhile, is practically nonexistent and cash flows from commercial [more...]

Date: 2008-12-22 17:05:12

Latest News in Refinancing Home Mortgages - Nov 27, 2008

Federal Reserve uses power to print money - Akron Beacon Journal WASHINGTON: ... days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage … [more...]

Date: 2008-11-27 15:40:54

Prices Are Still Falling With The Economy In California

The LA Times reports from California. “Southern California home sales rose last month for the first time in nearly three years, ... affordable neighborhoods that were bought or refinanced near the price peak with lousy mortgages,’ said [more...]

Date: 2008-08-18 20:17:02

Be Careful When Comparing Mortgage Rates

Most people know it’s important to compare mortgage rates before they purchase or refinance a home ... or refinancing their home but, there are some things you didn’t think about or just don’t know. You may ... try to avoid having your credit run until you’ve decided between 2-3 lenders. You can request a pre [more...]

Date: 2008-11-08 19:41:11

On the Road to Home Re-fi

So, we finally decided to start the process of refinancing our home. I thought we'd try our current mortgage company first. First off, let me say that I've had three years of bad customer service from this company ... we got was one of the lower ones for our credit rating. I only did a little research on closing [more...]

Date: 2009-01-06 13:39:00

Home Equity Loans Versus Home Equity Lines Of Credit

There is a difference between these two ways of obtaining credit. As great as the differences are, the uses are also radically opposite ... that is not affected by a URL=http://www.badcreditloanservices.com/bad-credit-mortgage.html mortgage /URL ... your credit card debt to avoid an endless refinancing, or any one-time purchase. The interest rate [more...]

Date: 2008-10-29 15:15:19

Refis

On the eve of the closing for my refinancing, I notice this from the W$J: ... their monthly mortgage payments on account of the fact that they have bad credit. Wouldn't ... can't meet the credit hurdles and won't get approved. My friend and mortgage broker told [more...]

Date: 2009-01-15 16:42:15

Credit Suisse forecasts more than 8 million mortgages will go through foreclosure over the next four years. That’s roughly 16% of U.S ... . All things being equal, Credit Suisse estimates 1.8 million mortgages will have entered foreclosure ... interventions (such as the Hope for Homeowners FHA refinancing program) could help to reduce the march [more...]

Date: 2008-12-22 11:00:24

Randy Johnson of Newport Beach, ... , and investing the extra money in something else. But the market is bad. Should I continue to do so, or make ... seriously consider refinancing into a longer term loan right now. As to not paying off the mortgage [more...]

Date: 2008-11-28 17:33:09

Don’t Put Money Down For Home Improvements. Refinance

When you are undertaking home improvements, though you may have saved a good amount to pay for them, ... on your mortgage payments. Cash-out refinance URL=http://www.badcreditloanservices.com/bad-credit-mortgage.html ... on your home. Besides, the refinancing process can save you a lot of money if you previously closed [more...]

Date: 2008-10-29 15:15:19

FDIC Underestimated The Risks Of Falling Home Prices

With so many lenders looking shaky these days, it brings up the question of how well prepared the FDIC is to deal with lender failures ... possible. Apparently the wave of refinancing that occurred after interest rates lowered ... concerns (Home Equity Line of Credit), but adressed concerns with the mortgage industry in general [more...]

Date: 2008-07-23 07:02:00

Obama Proposes Moratorium on Foreclosures

While Senator John McCain is urging the government to buy bad home loans, ... against foreclosures and an $800 mortgage tax credit per year for homeowners who fail to itemize ... , the Hope for Homeowners. The program encourages homeowners to apply for refinancing [more...]

Date: 2008-11-14 13:02:58

Foreclosures And The Mortgage Meltdown Continues to Plague America

Foreclosures’ flooding the real estate market following the mortgage meltdown continues to plague America. As the weary year draws to a close 3 ... package aiming to thaw the frozen credit market. Florida passed more stringent laws in its efforts ... . This has prompted a revival in refinancing workouts. Unemployment figures look grim. In Manatee County [more...]

Date: 2009-01-16 14:19:38

The End of Large-Bank Wholesale Lending - Time For the Mortgage Banker

The End of Large Bank Wholesale Lending - A Resurgence of Middle Market Mortgage Banking – Chase…a Leading Indicator This week Chase shut down ... t effectively manage its pipeline of locked and in-process loans. Of note, Credit Suisse recently shut down ... because NMN is subscription - sorry: “As the refinancing boom gathers steam selected residential [more...]

Date: 2009-01-16 18:23:12

Henry Paulsen as Mary Bailey

The disjointed and ad hoc reaction of the Bush administration to this mortgage crisis stands in ... that -- just as today -- credit was frozen for home lending institutions. It empowered the Federal Home Loan Bank ... not be saved by refinancing, if home owners had to wait for home values to rise. So, it [more...]

Date: 2008-11-30 05:27:22

Home Builders Wants Mortgage Rates at 2.9 Percent

Home Builders Wants Mortgage Rates at 2.9 Percent 19Dec08 ... homebuyer tax credit. With these two initiatives in place, NAHB boss Jerry Howard believes the glut ... to find affordable refinancing options, thanks to issues like negative equity and harsher [more...]

Date: 2008-12-19 20:10:39

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