Real Estate Sellers Giving A Buyer Cash Back is Defrauding the Lender

When we sold our home just over a year ago we were talked into selling for a bit more than the original offer so the person could get money back to ... other reason to object, after all, if the loan officer was willing to loan that much money ... in order to persuade a lender to make a loan they would not otherwise make is a textbook case [more...]

Date: 2008-11-22 16:31:03

Blog posts (5) | Videos (7)
 

When is a 5.5 Percent Mortgage Rate Really a 3.96 Percent Rate?

It’s income tax season again ... , but it will suffice for a rough estimate.  Seek out one of many online mortgage calculators to assist ... of mortgage interest tax deductions is one reason why loan officers make reference to “after-tax mortgage [more...]

Date: 2009-01-14 19:45:51

A Few Ways to Raise Cash Quickly

Disclaimer: After some strong feedback from GRS readers (and from my wife) ... -write makes it clear that I am not advocating all of these ideas. Yes, payday loans are on the list ... for finding money, and then ranked them from best to worst: We talked to loan officers, financial planners [more...]

Date: 2008-08-28 20:00:56

Policy makes take aim at inflated appraisals

By Les Christie CNNMoney.com NEW YORK (CNNMoney.com) ... was that appraisers, pressured by loan officers and mortgage brokers, kept hyping home values. Not only did homebuyers wind up paying more, but the exotic mortgage products they needed to finance [more...]

Date: 2009-01-14 11:38:44

Thank You Reverse Mortgage Daily Sponsors

These companies make Reverse Mortgage Daily possible, if you enjoy RMD, please consider supporting them in 2009 ... mortgage products. Golden Gateway’s online tools, award winning calculators and personalized service ... , training, and full resource center created exclusively for Reverse Mortgage Loan Officers.  Sign [more...]

Date: 2009-01-02 20:50:18

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