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luishudson on Comparing Upside Down Homeowners to Bankrupt Companies Mr. President why are the banking,and loan comp...
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luishudson on Refi's & Loan Mods - No Risk Attempts to Mitigate Taxpayer Losses Mr. President why are the banking,and loan comp...
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Mandelman on Refi's & Loan Mods - No Risk Attempts to Mitigate Taxpayer Losses Silly question. Anyone who thinks re-fi's and l...
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daleheiser on 125% Refi's Announced! Does the Government Finally Get it? Check out obamamortgage2009.blog... or obamamor...
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martindendy on Michigan tries to Slow Foreclosures with New Laws If anyone has had any luck with any of these co...
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Mortgage Rates Fall in the Fall
I recently came across an interesting chart I thought I'd share, that shows mortgage rates often trend lower at the end of the year.
The data above was culled from FHLMC's data that is published weekly. Please note, that this data also tracks the average points charged (0.7 points in the graph).
More »Bank of America – Loans & Lies, but no Real Modifications
In July the federal government pressured banks to modify 500,000 mortgages by November 1st. Bank of America is lying to do its part.
Take a close look at the document image below:
More »Extension & Expansion of Homebuyer Tax Credit
Contrary to what many have reported, it’s not a done deal yet.
MORTGAGE EXPERT, MICHIGAN, BIRMINGHAM, BLOOMFIELD, DETROIT, ROCHESTER, ROYAL OAK, TROY
The most talked about real estate news of the past week seemed to be all about the First Time Homebuyer Tax Credit getting extended.
More »Heads Banks Win, Tails Homeowners/Taxpayers Lose
Too big to fail banks have it all – bailout funds, loss coverage, huge bonuses, no accountability, etc. No wonder they have no compassion for struggling homeowners!
MORTGAGE EXPERT, DETROIT, BIRMINGHAM, BLOOMFIELD, ROCHESTER, ROYAL OAK, TROY, MICHIGAN
Despite all the political rah, rah and posturing, banks seem to be running the government these days – and we’re letting them.
More »Is it Time to Spank Some Banks?
Banks bailed out of bankruptcy by the federal government, refuse to help out homeowners – so why do homeowners keep their accounts at these same banks?
EXPERT, BIRMINGHAM, BLOOMFIELD, DETROIT, ROCHESTER, ROYAL OAK, TROY, MICHIGAN
More »Be Wary of Buying Condos in this Market
Those great looking foreclosure deals on condos may turn out to be a trap for unsuspecting homebuyers.
- MORTGAGE EXPERT, DETROIT, BIRMINGHAM, BLOOMFIELD, ROCHESTER, ROYAL OAK, TROY, MICHIGAN
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