Archive for September, 2010

What do you do when your mortgage broker lies to you about your refinance?

Thursday, September 30th, 2010

Blondie asked: Working with a mortgage company to refinace my home and the agent keeps telling me not to worry, we will close guarnateed. Now after a month and we still havent closed, we havent made a house payment in 2 months because he told us not to, and ...

CFC - 2nd Mortgage Loan to Morton Rd., Toronto

Thursday, September 30th, 2010

alexandermoishe asked: Diversity allows Canadian Funding Corp. to find the right solution to fund each project. Our ability to match solutions with investments means a lot less red tape and significantly greater comfort levels for all parties when lending funds. Canadian Funding Corporation ensures our funds are going to a ...

Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08

Monday, September 27th, 2010

markmti asked: Visit my new blog... mrmortgage.ml-implode.com Wells Fargo Subprime toxic waste exposed. Do they have to raise capital? Mr Mortgage shows a 2006 Wells rate sheet. This is hard evidence of Wells doing nasty subprime loans for borrowers with scores as low as 500 and 120-day mortgage late payments, ...

Mr Mortgage on Loan Mods, TARP & Home Sales 11-12-08

Saturday, September 25th, 2010

markmti asked: Mr Mortgage on Loan Mods, TARP & Home SalesHigh Efficiency Gas Furnace

When you file chapter 7 bankruptcy is you 2nd mortgage wiped away?

Friday, September 24th, 2010

5 Star asked: A friend of mine told me that the second mortgage would be wiped away and they automatically modify your current loan in 1st position.Bamboo Has Many Uses

Inside Look - More Mortgage Meltdown Ahead - Bloomberg

Tuesday, September 21st, 2010

Bloomberg asked: Interview with T2 Partners LLC Founder Whitney Tilson, Author of "More Mortgage Meltdown" [FULL INTERVIEW - 14:11] (Bloomberg News)Paint Stick

Zillow Mortgage Marketplace

Monday, September 20th, 2010

zillownews asked: This video explains how Zillow Mortgage Marketplace works for borrowers. When shopping for a mortgage, it's hard to know whether you're getting the best deal. And it's hard to compare quotes from multiple lenders on an apples-to-apples basis. Zillow Mortgage Marketplace solves these problems to help you find ...

What percentage of your income goes towards your mortgage payments?

Monday, September 20th, 2010

Ash asked: If you don't mind my asking, I'm trying to figure out what a reasonable percent of my income is to be going towards a mortgage payment. My partner and I make around $6500 gross monthly, and I'm wondering what percent of that we could reasonably spend on ...

How to deduct the Mortgage expenses on a Rental Property taxes?

Sunday, September 19th, 2010

EveandK B asked: I’m renting my house, which I pay the mortgage for. So I’m not sure how to deduct mortgage interest now. Any software I use there is a section for deducting your mortgage interest. But since I’m renting now I’m not sure if I should ...

How does mortgage interest work when dealing with tax returns?

Saturday, September 18th, 2010

holder_account asked: How does a mortgage work when dealing with tax returns? Do we get back all the interest that we pay off or a certain percentage? Please provide backup in your answer.Designer Scented Candles