Blog Archives

Death by Detail!

Death by Detail

We all have met with the insurance salesman and died a slow death as our eyes glazed over and our head wanted to hit the table. Or wished for the worst torture we could imagine just to get out of the meeting.

Well prepare yourself for the latest and greatest torture technique to be developed since the dark ages, this one is worthy of the al Qaeda operatives and the like, better than water boarding.  It’s what I call Death by Detail now offered by your local Loan Officer.  This one sneaks up on you, seeming innocent in the beginning but slowly begins to pull you in little by little.  Beware, it’s like the wood chipper ready to grab your sleeve and drag you in to its jaws. Read the rest of this entry

Can’t refinance? Consider ‘recasting’ instead!

If you’ve found that a refinance isn’t for you, there may be another option for lowering your monthly mortgage payments — if you can pull together some cash. Read the rest of this entry

The Mortgage Settlement Claim Filing Deadline is FRIDAY!

Recall from previous blogs, that the deadline to file a claim under the National Mortgage Settlement Fund is Friday, January 18th, 2013. If your loan meets the minimum requirements below, then you may be eligible to recover money for the wrongful foreclosure of your home. Read the rest of this entry

Vocabulary Lesson 6

vocabulary property guidingABC – XYZ…and everything in between! Read the rest of this entry

Merry Christmas from Fannie & Freddie…?

Fannie Mae & Freddie Mac: No foreclosures for the holidays

Mortgage giants Fannie Mae and Freddie Mac recently announced that they will temporarily halt all bank repossessions and evictions beginning in mid-December until Jan. 2, 2013.  Well, isn’t this nice of them!  Part of me wants to say thank you and another part of me wants to roll my eyes.  Although this may be welcome news to those going through the foreclosure process, in my opinion this is just their way of creating “good publicity” masking the fact that due to employee vacations, etc. they just can’t get it all done in time! Read the rest of this entry