Archive for December, 2007
Friday, December 14th, 2007
safdman asked: My girlfriends ex-husband tricked her into signing a revolving line of credit for the house they owned together when they were married. He also has her listed on the property deed as well as the deed of trust for the revolving line of credit. She recently ...
Posted in mortgage | 3 Comments »
Friday, December 14th, 2007
gradjimbo asked: Does anyone know the typical point for a home equity line of credit ? By point, I mean the up-front fee that is proportional to the credit limit. So if the term asks for 5 points (5%) and the line of credit is $100,000, there is ...
Posted in mortgage | 3 Comments »
Thursday, December 13th, 2007
davidmichigan24 asked: Who is the most to blame for the sub-prime mortgage crisis in America? Do you blame the predatary lenders, irresponsible borrowers, bad economy in certain places, or people who borrowed with anticipation that there home would double in 3 -5 years (Phoenix, Las Vegas are two examples)Patricia
Posted in mortgage | 11 Comments »
Tuesday, December 11th, 2007
ken asked: I here countrywide was a large player. Would anyone help me to understand what went awry with moprtage industry? Thanks a lot.Stella
Posted in mortgage | 3 Comments »
Sunday, December 9th, 2007
Jay Conners asked:
If you are a loan officer or mortgage broker thinking about purchasing sub prime mortgage leads, buying them by way of the internet may not be such a bad place to start.
But before you go ahead and do that, find a mortgage lead provider that can deliver ...
Posted in mortgage | Comments Off
Thursday, December 6th, 2007
Joe asked: Have most sub-prime mortgages been "adjustable"?
Are foreclosures up so high because people lost their jobs?
Or are foreclosures so high because the loans adjusted to such a high rate of interest that people are unable to make the payments? If so, about how many percentage points did the ...
Posted in mortgage | 5 Comments »
Monday, December 3rd, 2007
gordons_19 asked: Due to the sub prime mortgage crisis and the general unknown of the USA market right now how does that affect someone who is wanting to buy a home on a rent to own or lease to purchase type purchase? Will people be more interested in getting into ...
Posted in mortgage | 4 Comments »
Monday, December 3rd, 2007
SimpleMan asked: How many here are close to losing their home because of sub prime loans?Clarence
Posted in mortgage | 4 Comments »
Saturday, December 1st, 2007
erieanna c asked: My mother signed a home equity loan with my grandfather who has just passed, and I am trying to help her pay the bills but the payment on the house is too high. If she refinances could her payment go down? Are there any other ...
Posted in mortgage | 2 Comments »
