Home Mortgage Secrets RevealedHome Mortgage Secrets Revealed http://homemortgagesecretsexposed.com/blog Learn how to reduce debt or get a better mortgage Wed, 10 Mar 2010 00:35:01 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 phonebank-64 http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-64/ http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-64/#comments Wed, 10 Mar 2010 00:35:01 +0000 admin http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-64/

Image taken on 2009-11-19 20:49:28 by Heather Durdil.

]]> http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-64/feed/ 0 Latest Auctions http://homemortgagesecretsexposed.com/blog/fha-loans/latest-auctions-210/ http://homemortgagesecretsexposed.com/blog/fha-loans/latest-auctions-210/#comments Tue, 09 Mar 2010 21:50:58 +0000 admin http://homemortgagesecretsexposed.com/blog/fha-loans/latest-auctions-210/ Hey, check out these auctions:
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]]> http://homemortgagesecretsexposed.com/blog/fha-loans/latest-auctions-210/feed/ 0 The Foreclosure of America: Life Inside Countrywide Home Loans and the Selling of the American Dream http://homemortgagesecretsexposed.com/blog/foreclosure-defense/the-foreclosure-of-america-life-inside-countrywide-home-loans-and-the-selling-of-the-american-dream/ http://homemortgagesecretsexposed.com/blog/foreclosure-defense/the-foreclosure-of-america-life-inside-countrywide-home-loans-and-the-selling-of-the-american-dream/#comments Tue, 09 Mar 2010 19:44:13 +0000 admin http://homemortgagesecretsexposed.com/blog/foreclosure-defense/the-foreclosure-of-america-life-inside-countrywide-home-loans-and-the-selling-of-the-american-dream/

Product Description
Now in paperback-an inside look at Countrywide Home Loans and the mortgage crisis, from a former mortgage lender executive.

In July 2004, Adam Michaelson attended a high-level meeting at Countrywide Financial headquarters about a new loan product that would allow borrowers to pay less than their minimum monthly payment. The “finance jocks” believed that the booming housing market would only get bigger, supporting homeowners in a cycle of borrowing … More >>

The Foreclosure of America: Life Inside Countrywide Home Loans and the Selling of the American Dream

]]> http://homemortgagesecretsexposed.com/blog/foreclosure-defense/the-foreclosure-of-america-life-inside-countrywide-home-loans-and-the-selling-of-the-american-dream/feed/ 0 Bank 'haircut' can save homes | Real Estate | Philadelphia Weekly http://homemortgagesecretsexposed.com/blog/mortgage-reduction/bank-haircut-can-save-homes-real-estate-philadelphia-weekly/ http://homemortgagesecretsexposed.com/blog/mortgage-reduction/bank-haircut-can-save-homes-real-estate-philadelphia-weekly/#comments Tue, 09 Mar 2010 15:07:54 +0000 admin http://homemortgagesecretsexposed.com/blog/fha-loans/bank-haircut-can-save-homes-real-estate-philadelphia-weekly/ Reverse mortgage fees also have been reduced. The maximum loan fee is 2 percent on the initial $200000 of the home’s value and 1 percent on the balance thereafter, with a cap of $6000. Previously, fees were capped at 2 percent of the home’s … bank took an $85000 haircut on a home it did not want on its books, which allowed Joyce to stay put. The bank received its money in cash from the proceeds of the new reverse mortgage in the same fashion as a conventional refinance . …

Continued here:
Bank 'haircut' can save homes | Real Estate | Philadelphia Weekly

]]> http://homemortgagesecretsexposed.com/blog/mortgage-reduction/bank-haircut-can-save-homes-real-estate-philadelphia-weekly/feed/ 0 Consider Self-Insurance Against Calamities | Finance, credit, debt … http://homemortgagesecretsexposed.com/blog/mortgage-reduction/consider-self-insurance-against-calamities-finance-credit-debt/ http://homemortgagesecretsexposed.com/blog/mortgage-reduction/consider-self-insurance-against-calamities-finance-credit-debt/#comments Tue, 09 Mar 2010 15:07:44 +0000 admin http://homemortgagesecretsexposed.com/blog/fha-loans/consider-self-insurance-against-calamities-finance-credit-debt/ However, there comes a point several years down the road where the car is basically “free,” excluding some maintenance, after you pay off the car loan . I see self-insurance in the same way, as long as you can avoid calamities for the dangerous … Insure against current debts – this is the risk that probably affects more families and it’s because of the mortgage . If either spouse dies, the survivor is still responsible for the debt. If it’s the breadwinner who dies, …

See more here:
Consider Self-Insurance Against Calamities | Finance, credit, debt …

]]> http://homemortgagesecretsexposed.com/blog/mortgage-reduction/consider-self-insurance-against-calamities-finance-credit-debt/feed/ 0 Latest Auctions http://homemortgagesecretsexposed.com/blog/forebearance/latest-auctions-209/ http://homemortgagesecretsexposed.com/blog/forebearance/latest-auctions-209/#comments Tue, 09 Mar 2010 13:43:55 +0000 admin http://homemortgagesecretsexposed.com/blog/forebearance/latest-auctions-209/ Hey, check out these auctions:

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]]> http://homemortgagesecretsexposed.com/blog/forebearance/latest-auctions-209/feed/ 0 phonebank-30 http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-30/ http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-30/#comments Tue, 09 Mar 2010 12:35:29 +0000 admin http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-30/

Image taken on 2009-11-19 20:15:15 by Heather Durdil.

]]> http://homemortgagesecretsexposed.com/blog/refinance-mortgage/phonebank-30/feed/ 0 Latest Auctions http://homemortgagesecretsexposed.com/blog/refinance-mortgage/latest-auctions-208/ http://homemortgagesecretsexposed.com/blog/refinance-mortgage/latest-auctions-208/#comments Tue, 09 Mar 2010 00:36:23 +0000 admin http://homemortgagesecretsexposed.com/blog/refinance-mortgage/latest-auctions-208/ Hey, check out these auctions:

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]]> http://homemortgagesecretsexposed.com/blog/refinance-mortgage/latest-auctions-208/feed/ 0 Real estate: Irvine Housing Blog http://homemortgagesecretsexposed.com/blog/mortgage-reduction/real-estate-irvine-housing-blog/ http://homemortgagesecretsexposed.com/blog/mortgage-reduction/real-estate-irvine-housing-blog/#comments Tue, 09 Mar 2010 00:10:01 +0000 admin http://homemortgagesecretsexposed.com/blog/fha-loans/real-estate-irvine-housing-blog/ Meanwhile, he says, redefaults on loan modifications are “sabotaging” government efforts. Mortgage delinquencies will continue “skyrocketing,” he says, because: “The resets of the Option-Arm loans will cause a larger number of ….. In fact , it is possible for house prices to decline so quickly that no mortgage program can reduce the cost of ownership to be less than renting. The only thing justifying a DTI greater than 50% is the belief in high rates of appreciation. …

See the rest here:
Real estate: Irvine Housing Blog

]]> http://homemortgagesecretsexposed.com/blog/mortgage-reduction/real-estate-irvine-housing-blog/feed/ 0 Stop Foreclosure – Interest Rates on Modified Mortgages Under the … http://homemortgagesecretsexposed.com/blog/mortgage-reduction/stop-foreclosure-%e2%80%93-interest-rates-on-modified-mortgages-under-the/ http://homemortgagesecretsexposed.com/blog/mortgage-reduction/stop-foreclosure-%e2%80%93-interest-rates-on-modified-mortgages-under-the/#comments Tue, 09 Mar 2010 00:09:53 +0000 admin http://homemortgagesecretsexposed.com/blog/fha-loans/stop-foreclosure-%e2%80%93-interest-rates-on-modified-mortgages-under-the/ They will get their by reducing the interest rate in increments of 0.125% until they get there. This new lower rate and monthly payments will be in effect for five years. In the permanent modification agreement your mortgage company … If the mortgage lasted 30 years, you would have to pay the amount of the principal reduction at that point. If the home was sold or the mortgage was refinanced , that amount would be added to the remaining balance on the mortgage then. …

Read more from the original source:
Stop Foreclosure – Interest Rates on Modified Mortgages Under the …

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