Archive for March, 2009
Tuesday, March 31st, 2009
kmm asked: I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.Jamie
Posted in mortgage | 2 Comments »
Tuesday, March 31st, 2009
Bunny D. asked: Sub-Prime Loans: Stated Income (nothing to back it up), Interest Only, ARM's, Balloons, and you quickly signed on the dotted lines that you would repay...............Why are they crying now? What did they think would happen if you "Bet on the Come".....and the "Come does not ...
Posted in mortgage | 3 Comments »
Tuesday, March 31st, 2009
buad0118 asked: I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if ...
Posted in mortgage | 5 Comments »
Wednesday, March 25th, 2009
remo7 asked: I would like to go to the public records office and find specific mortgage information. For example, what type of mortgage someone has.Larry
Posted in mortgage | 2 Comments »
Monday, March 23rd, 2009
Y? asked: We are thinking of purchasing a house from my father. Instead of using a mortgage broker or bank, he suggested using a lawyer to set up monthly mortgage payments directly to him. We would still buy the house, and it would be in our names, not renting. How ...
Posted in mortgage | 3 Comments »
Thursday, March 19th, 2009
Erin Ryan asked: In times gone by, there hasn't been a specific type of mortgage known as a 'first time buyer mortgage'. But, as property prices have raised so much in the UK over the last five years, leaving first time buyers out of the market, mortgage lenders have had ...
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Tuesday, March 17th, 2009
JV asked: I'm a creditor whose debt is secured by a real mortgage. I've received recently a notice that the debtor has filed for bankruptcy under chapter 7 of the US Bankruptcy code. What will happen to both my loan and my mortgage? Will I be enjoined ...
Posted in mortgage | 2 Comments »
Sunday, March 15th, 2009
1st American Mortgage asked: Comparing Colorado Jumbo and Conforming Mortgages
There are differences between a jumbo Colorado mortgage and a conforming Colorado mortgage and learning what those are will inform you about which Denver mortgage is the best for you. Information about your mortgage will help you as a customer, so ...
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Sunday, March 15th, 2009
Tml-mortgages asked: Refused credit mortgages set to "grow and grow"
14/08/2006 16:25:00
The sub-prime and near-prime mortgage market is tipped to grow and grow following new research.
A survey commissioned by Alliance & Leicester indicates greater demand for refused credit mortgages could be forthcoming, with four in five brokers expecting the market to ...
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Thursday, March 12th, 2009
The House Team Of Mortgage Intellingence asked: Just imagine as you're going through your favourite coffee drive-thru this week that a well-dressed gentleman stops and offers you $11,000 for your medium double double. Who would hesitate? We'd take the cash. It's not so far-fetched. In fact, if you ...
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