Archive for the 'Mortgage & Home Loan' Category

Help Keep the Dream of Home Ownership Alive. Stop the 20% Down Payment Requirement

Time is running out for you to be heard. You have until August 1 to help our coalition of homeowners prevent an onerous new rule from taking effect that would significantly impact the ability of hardworking Americans to buy or sell a home. This rule would also likely effect home values in neighborhoods nationwide.  If [...]

July 28 2011 | Homes Mortgages and Loans in the news and Making a House a Home and Mortgage & Home Loan | No Comments »

HELP STOP the 20 Percent Down Payment Requirement

A new and costly rule called Qualified Residential Mortgage, is being considered by federal regulators. If the proposal passes it would require homebuyers to make at least a 20% down payment on a home purchase for the most affordable rates. Federal regulators have taken a law passed by Congress intended to prevent future banking collapses [...]

July 17 2011 | Homes Mortgages and Loans in the news and Mortgage & Home Loan | No Comments »

What is the Mortgage Interest Deduction and Who Benefits from It?

What is the Mortgage Interest Deduction and Who Benefits from It?   The mortgage interest deduction helps make homeownership more affordable by allowing home owners to deduct the interest that they pay on the mortgage for their home when calculating their annual federal income tax.
Contrary to assertions by some economists, the income [...]

April 07 2011 | Homes Mortgages and Loans in the news and Mortgage & Home Loan | No Comments »

How Allstate Used Sampling To Confirm BofA/Countrywide Lied About Virtually Everything When Selling Mortgages

A few days ago, news broke that MBIA was allowed to use statistical sampling in its ongoing Bank of America fraud lawsuit. This happened despite the Countrywide acquiror’s loud protests. And now, courtesy of today’s brand new lawsuit against BofA (and Agent Orange himself) filed by Allstate, in which the insurer “seeks unspecified damages, alleges [...]

December 31 2010 | Home Purchase & Sale and Mortgage & Home Loan | No Comments »

HUD Homes – How to Use FHA 203K Renovation Loans to Create MASSIVE Equity

HUD Homes – How to Use FHA 203K Renovation Loans to Create MASSIVE Equity
These days HUD foreclosures are everywhere. They are everywhere because the path to ownership for a lot of these homes was quite low initially. This is good for you because HUD homes represent some of the absolute best bargains on the market [...]

December 07 2010 | Mortgage & Home Loan | No Comments »

Eco-Friendly Renovation Financing

Eco-Friendly Renovation Financing
In short Eco-Friendly lending helps helps you discover new ways to reduce your energy consumption and how to finance the transition to a greener lifestyle. With energy prices forever rising and the planet starting to feel years of neglect, it has become ever more important to look for new ways of doing things. [...]

December 03 2010 | Mortgage & Home Loan | No Comments »

What is an Energy Efficient Mortgage?

What is an Energy Efficient Mortgage?
An Energy Efficient Mortgage (EEM) is a mortgage that credits a home’s energy efficiency in the mortgage itself. EEMs give borrowers the opportunity to finance cost-effective, energy-saving measures as part of a single mortgage and stretch debt-to-income qualifying ratios on loans thereby allowing borrowers to qualify for a larger loan [...]

November 25 2010 | Mortgage & Home Loan | No Comments »

USDA Rural Development – Last Loan Standing For 100% Financing

USDA Rural Development – Last Loan Standing For 100% Financing
And then there was one. With the recent struggles in the mortgage and housing industries the availability of true no down payment programs have all but vanished. All, but vanished except for little known and little used program offered by the US Department of Agriculture and [...]

November 13 2010 | Mortgage & Home Loan | No Comments »

FHA 203K Renovation Loans – You Don’t Have to Move Out to Move Up!

FHA 203K Renovation Loans – You Don’t Have to Move Out to Move Up!
When most homeowners want more space or a nicer place they call Real Estate Agent and start their search for a new home. It doesn’t have to be that way though, you don’t have to move out to move up!
Recently homeowners wanting [...]

November 05 2010 | Mortgage & Home Loan | No Comments »

FHA 203K Renovation Loans – You Don’t Have to Move Out to Move Up!

FHA 203K Renovation Loans – You Don’t Have to Move Out to Move Up!
When most homeowners want more space or a nicer place they call Real Estate Agent and start their search for a new home. It doesn’t have to be that way though, you don’t have to move out to move up!
Recently homeowners wanting [...]

November 02 2010 | Mortgage & Home Loan | No Comments »

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