Upside-down on your Mortgage? Welcome to the Majority!
How Do Subprime Mortgages Work
Question: Would anyone who is in the mortgage business mentor me on how to package and sell subprime loans?
I would like to sell subprime mortgages but need to understand who I am looking for and what their needs are. As well as some good lenders to work with. Thanks!
Answer: good luck
No [...]
Mortgage Fraud Lawyers
Question: Does any know a lawyer who has the guts to go up against a mortgage company?
We believe the mortage company that we were dealing with has commited fraud. They have falseified paperwork, increased the purchase price of the home to substanciate a very large closing cost, and backed out of a [...]
Loan Modifications
Question: Does anyone know a really good and legitimate real estate lawyer who specializes in loan modifications?
We sent all our information to our mortgage company 6 months ago and we have been getting the run around since then. HELP!
Answer: You need to be working thru the lender. Pretty much every modification firm is a [...]
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Greed, ignorance, and good intentions are the various starting points for mortgage fraud. Whether a person is looking for a home to live in that’s nicer than he can legitimately afford, or he’s looking to flip a property to make a quick buck, mortgage fraud entails lying or hiding information from the bank [...]
upside down mortgages
Question: upside down mortgage?
I am currently in a mortgage with an interest rate of 9.9 %. My FICO is much higher from when I started with this mortgage. I want to refinance for a better rate, but I’m upside down by 35k. What to do, what to do.
Answer: Your interest rate is pretty [...]
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