Many have overpaid, leading to financial strain given the state of the economy. This post will break down the impact of bidding wars, the concept of short sales, and steps homeowners...
Many have overpaid, leading to financial strain given the state of the economy. This post will break down the impact of bidding wars, the concept of short sales, and steps homeowners...
Owning a home comes with its fair share of financial responsibilities, including managing escrow accounts for property taxes and insurance.
Mortgage Daily News reported that today's prevailing interest rates play a pivotal role in shaping the financial landscape for borrowers.
“A calm and modest life brings more happiness than the pursuit of success combined with constant restlessness.” – Albert Einstein
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In the initial phases of your mortgage, a significant portion of your payments goes toward interest. For a deeper understanding, scrutinize the documents signed during the closing process—specifically,...
An ARM really means that the interest rate adjusts periodically. How often do you say the interest rate adjusts?
In order to protect your children's social security number from identity theft you'll need to request a security freeze that is free with each of the credit bureau's Experian, Equifax,...
Trying to get children to ride a bike can be a difficult challenge sometimes. This is something that I learned early on.
I had pressure from other people in my life to have my firstborn...
Within this legal framework, two distinct types come to the forefront: the durable power of attorney and the patient advocate power of attorney.
At the proper high level vitamin C is an antiviral (flu, colds, polio, monomania), antihistamine (relief from nasal congestion, sneezing, or hives ) antibiotic (antimicrobial
Before the 2007 bubble burst there were several indicators showing that we were going to have a housing crisis in America.
According to nationalnotary.org, an NSA is a specially trained Notary responsible for handling and notarizing loan documents. Their role involves thoroughly reviewing all paperwork...
When it comes to mortgage payments, imminent default is a serious concern. But what exactly does it mean? Imminent default occurs when the servicer (the company responsible for collecting...
Enter the realm of financial support with the Partial Claim—a unique loan offered by the Housing and Urban Development (HUD). This loan serves a multifaceted purpose, covering arrearages,...
The way the Flex Modification works is you will be on a trial payment making the new modified payment for either 3 or 4 months. After the trial payments are complete the modification...
The mortgage rates have been falling steadily since April of this year. Falling of the interest rates could be making home prices increase. The lower the interest rate the more purchasing...
Right now because of the Great Recession of 2008, the majority of Americans per Fannie Mae's survey think that it is hard to qualify for any mortgage.
For example, lets say that your mortgage payment is $800 a month usually. On the forbearance plan, you will be making $400 a month payments for three months.
A gift can never stop being a gift!
Servicer Vs. Investor
Let’s clarify the difference between a mortgage company, your servicer, and an investor.
A servicer is someone...