Reverse Mortgage

Robert J asked: I was reviewing the local sheriff real estate sale results and noticed that several houses were bought by mortgage companies. Don’t they want to get rid of these houses? Why are they buying them?Content

Jason M asked: To me the real problem is not the mortgage companies willingness to deal out excessive loans it’s Americans accepting loans that they can not afford. And now they are whinning to the government to bail them out of their financial mistakes. How about lets hold these people responsible for their actions instead [...]

hopeful24 asked: I am purchasing a new home. We are going through our credit union with a locked in 6.375% rate. Rates are now 5.75%. We are thinking of trying to switch to a mortgage broker so that we can get out of the locked rate and get the 5.75%. Can this be done? Closing [...]

playbytherulesordont asked: If any one has any experience or has been successful in getting leads from title companies or has names of companies that do offer leadsCreate a video blog

da_red12 asked: I am in the process of buying a home. My credit report was pulled initially in Feb 07 with a decent median score. The loan offficer pulled my credit report again a few days ago (I am supposed to close 7/07) to make sure everything was ok and he said my scores had [...]

ChgoLake asked: Hello, Are there any mortgage companies that will do a refi if your late 3 months on your 2nd mortgage? Thank you for your time.Content

betsy asked: My husband and I would like to refinance our home. We’d like to shop around for the best mortgage. The problem is…when you shop around…the different lenders will check your credit score. We were told that your credit score goes down after each check. Can anyone with experience in lending tell us the [...]

deserae007 asked: I am going to work as a loan originator for a small company but I am having trouble finding potential borrowers. I thought leads would get me off to a good start until I make better contacts. I am young and unexperienced and this is my first loan/mortgage related job, so I need [...]

Ustun Inan Insurance asked: He suggested the Mortgage Companies negotiate with homeowners, instead of forclosures.What he didn’t tell you is that everytime Mortgage companies negotiate new loans, there are new fees,commissions and other expenses, and those are added to the loan balances upfront, increasing what the homeowners owe. There are no magic way to solve [...]

Glen B asked: With 65,000 and still counting, how many more will lose their jobs to the mortgage crisis? 2 of the 13 largest lending companies have already filed for bankruptcy. Who should be held accountable? Should it be the mortgage companies fault or should the accountability lie with the customer? Macaroni; a job is [...]