bank
Government Foreclosures and Bank of America Foreclosure
With the current mortgage and financial crisis in America and the constant talk of recession, bank of America foreclosure, could by high at this point. Bank of America foreclosure or Foreclosures bank owned and Government foreclosures are so rampant this days that you easily find these real estate properties if you would like to buy [...]
Bank Owned Foreclosures Bought As Home And An Investment
Did you know some smart people are raking money from bank owned foreclosures? That is exactly true. Foreclosures are at all time high due to the US subprime mortgage meltdown. If you know how to find these properties that have been foreclosed, then chances are you could also do the same. As the news indicates, [...]
Reverse Mortgages, Bank or a Broker?
After 31+ years Mortgage Banking experience working for large banks and Mortgage Bankers, we decided it was time to start serving our senior clients as mortgage brokers. When asked why we chose to do this rather than accepting positions with large banks, we tell people it was an easy decision to make, we love what [...]
National Bank: How to Fix the Housing Crisis for Less than 700 Billion
Recently the news has been dominated by developments with the 700 billion dollar bailout package, and rightfully so. 700 billion is an astronomical sum of money. The first problem is that the 700 billion dollar bailout adds a huge amount of money to the national debt. Not only that, some have hinted [...]
Loan Modification: How to Turn the Tables on Your Bank
As consumers, it’s not like we have a con of opportunities to “get back” at huge financial institutions. Take for example what it was like when you applied for your mortgage. You probably had to search high and low for a massive amount of documents that basically told your entire life story.
Never mind that you [...]
Why the Bank Does Not Want Your House
Many homeowners, when they cannot pay their mortgages, stop reading letters from their lender and ignore phone calls regarding their mortgage. In essence, these homeowners simply give up and decide that the bank is going to take their home, and there is nothing they can do about it.
The fact is, the bank doesn’t want your [...]