http://www.bills.com/videos/ Bills.com President, Ethan Ewing, discusses the consequences of defaulting on your second mortgage payments and explains what to do in that situation. Learn how to resolve your mortgage payment problems as well as other personal finance issues with bills.com.
Duration : 0:5:26
Our video on VA Loans explains all the benefits for Veterans in using the VA Home Loan Program. VA Mortgage Center.com is proud to work with thousands of Vets each year, helping them purchase or refinance their home.
Duration : 0:3:59
I am a victim of a predatory mortgage broker and a predatory mortgage lender. The mortgage broker claimed to be the lender.
The lender presented himself to me as the Servicer of the loan, when the lender was in fact the lender and the servicer of the loan. I end up paying the broker 2times, because the lender paid the broker his commission out of my loan, and the broker make me pay a second time thru a fictious escrow to justify the expenses.
The lender charged me high interest rate, abusive prepayment penalty, buy down point and I end up with loosing my 2home. do i have any recourse?
If you feel u were a victim of predatory Lending check with your State that regulates MB & Lenders. & tell them your story. You should be vigilant about filing a complaint, there are too many people in this world who want to make money at other peoples expense.
http://www.myfirsthomenewsletter.com/subscribe.php Ever wonder how lender’s come up with the rates they do? You can stop wondering, cause I’m going to tell you how. We all answer to a higher mortgage rate power, namely the secondary market. The secondary market is where Fannie Mae, Freddie Mac, and other mortgage lenders ply their trade. These government founded agencies purchase the loans that lenders make, then either hold them in their portfolios, or bundle them with other loans into mortgage-backed securities.
Duration : 0:2:9
As my 1st mortgage in going through a HAM modification, my 2nd mortgage, originated by the same company as the 1st, was assumed by the lender’s MI after an insurance claim was paid to the lender. What right does the MI have to seek collection for the 2nd?
The MI company has EVERY RIGHT to seek collection. They should and they will. PMI/MI doesn’t protect you, it protects the lender from borrower like you.
You can’t just walk away.
http://www.myfirsthomenewsletter.com/subscribe.php Ever wonder how lender’s come up with the rates they do? You can stop wondering, cause I’m going to tell you how. We all answer to a higher mortgage rate power, namely the secondary market. The secondary market is where Fannie Mae, Freddie Mac, and other mortgage lenders ply their trade. These government founded agencies purchase the loans that lenders make, then either hold them in their portfolios, or bundle them with other loans into mortgage-backed securities.
Duration : 0:3:22
Subprime Mortgage Lenders are in financial trouble because too many customers are defaulting on their loans. KRON4’s Maureen Kelly finds that one former customer of one subprime lender was talked into a loan she couldn’t afford.
Duration : 0:1:55
I have received these documents in the mail from a lawyer. I honestly do know what it means! I filed bankruptcy last year but I didnt file againt my mortgage lender because I have never missed a payment or been late. They did transfer me to the bankruptcy department of my mortgage company and I have been making all my payments on time. Could anyone please explain any of this to me!!??
You cannot "elect" NOT to "file against [your] mortgage lender" when you file bankruptcy. You are required by law to list ALL debts and ALL assets. You can’t leave any out.
Your mortgage lender probably checks your credit reports periodically and found out that you filed bankruptcy. Your mortgage lender knows that you aren’t allowed to leave them off the bankruptcy schedules. They are requesting to file a (routine) proof of claim in your bankruptcy case, which they would have filed timely if they’d received notice of your bankruptcy (which they were entitled to receive). You are lucky they aren’t asking to have you prosecuted for bankruptcy fraud.
Additional Info:
I must be confused about what you mean when you say, "I didnt file againt my mortgage lender." You don’t "file against" ANY particular creditor. You either file bankruptcy or you don’t. ALL creditors MUST be included in your schedules and ALL assets MUST be included in your schedules. If you did this, meaning the house appeared on schedules A and C and the mortgage appeared on Schedule D and the mortgage holder appeared on the creditor matrix, then file an objection to the creditor’s Motion.
Protest at the Mortgage Bankers National Conference
No Evictions – No Foreclosures
Housing is a Right!
Sun. Oct. 19, 3pm – Protest at opening ceremony of conference
The Mortgage Bankers Association is holding its national conference at the Moscone Convention Center in San Francisco. The banks are responsible for creating the housing crisis that is forcing millions of people out of houses and apartments across the country. Despite receiving hundreds of billions of dollars in taxpayers money to rescue them after their sub-prime and other high risk schemes collapsed, the bankers are opposed to reforms that would allow people to renegotiate their mortgages and stay in their homes. The banks and politicians—including Bush, Pelosi, McCain and Obama—blocked adding a point to the bailout bill that could have prevented millions of evictions. Join us to protest the bailout of the banks and big investors, and to say: NO to Foreclosures and Evictions—Housing is a Right!
Sponsors: ANSWER Coalition, Cindy Sheehan for Congress, Cynthia McKinney—Green Party candidate for President, Alliance for Just and Lasting Peace in the Philippines, Justice for Filipino Veterans, Code Pink, Nathalie Hrizi for Congress, Gloria La Riva/Eugene Puryear—Party for Socialism and Liberation Presidential Campaign, West County Toxics Coalition and Peace and Freedom Party.
(song used: “Whatever Happened to my Rock & Roll”, by Black Rebel Motorcycle Club)
-rusty nails-
www.votenader.org
Duration : 0:2:21
I own a business but rent the building and also live in the building. I need to buy the building. I have been here 4 years with a growing bsiness. It also has a rental trailer on the property for income. I need a mortgage lender to help me finance it.
this is whats called a MIXED USE property, and if you have been affording the rent, then i know that you can easily afford the mortgage (thats how the banks see it too) i do these kinds of loans regularly. i have so many differant programs for a situation like this, that i am confident i can help you.
i dont charge for app fees, and consultation fees, and will custom tailor you a loan program free of charge.(this way, if you are unhappy with what i can do for you, there is no pressure or commitment on your part) i enjoy my work, and i look forward to working with you. call me at 203-729-8900 x111, ask for david powell, or call my cell phone at 203-410-4427, i will take your info, and get back to you in 24 hrs with a loan program.
i want you as a client, lets get started.