Posts Tagged ‘mortgage loans’
The Truth About Your Bad Home Loan
August 10th, 2009
The Truth About Your Bad Home Loan
If every defaulting loan followed the advice in this book, this country could avoid increases in homelessness, crime, domestic abuse, broken neighborhoods, and so much more. Keeping these families in place as long as possible, and maintaining the property, is in the best interest of the borrower, lender, neighborhoods, law enforcement and government.
Sandy White offers:
- State specific resources for filing complaints;
- The stages of foreclosure and eviction;
- Foreclosure scam awareness and the law;
- An understanding of options that may help save money;
- How and why you should stay in your house as long as possible.
The information in this book will help get your voice heard, document your position, and possible recourse against the people that violated your trust. This book is a must read for anyone with a bad mortgage loan, industry professionals, and those seeking a future mortgage loan.
Buy The Truth About Your Bad Home Loan
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Posted in General Mortgage, Help with mortgage, Mortgage Modification, Mortgage Problems, Understanding Mortgages, Upside Down FHA Loan | 
Tags: bad home loan, bad home loan resources, bad home loans, bad home mortgages, bad loan, bad loans, bad mortgage situation, bad mortgages, bad neighborhood, book about bad home loans, default, defaulting, eviction, foreclosure and mortgage, keep your home, killer mortgages, loans, mortgage loans, mortgages, problem with mortgages, stages of foreclosure, stay in house, the truth about your bad home loan, truth about bad loans, ugly home loans, violate trusts | 
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Would a reverse ARM be helpful in resolving the subprime mortgage problem?
June 2nd, 2009
The big problem seems to be people defaulting on their mortgage loans, which leads to foreclosure and losses for the banks.
What if the banks offered to take 20% of the mortgage amount and put it in a non-interest accruing loan account, base mortgage payments on the 80% balance at high interest rate, allow the home owner to make optional payments to pay down the 20% to qualify for lower interests rates on the 80% mortgage, would this be helpful in keeping these mortgages viable?
Would this help in avoiding a taxpayer bailout of the financial system?