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Archive for September, 2010

9/11 — Nine Years Later
By September 11, 2010 0 Comments Read More →

9/11 — Nine Years Later

We all remember such days. We remember where we were when we first heard of the deaths of John Kennedy, Robert Kennedy, and Martin Luther King. We remember when we heard of the Oklahoma City bombing and those who are older surely remember Pearl Harbor. And now, until the end of our lives, we will […]

Posted in: Library
Mortgages With No Money Down

Mortgages With No Money Down

The very expression “no money down” is enough to stir outrage and anger in many quarters, the argument being that in a transaction with no money down the buyer has little incentive to make payments or to stick with the house if things get tough. Alternatively, “no money down” also raises hope and possibility with […]

Posted in: Investing
Labor Day, Mortgages & Real Estate

Labor Day, Mortgages & Real Estate

Today we celebrate Labor Day but we don’t celebrate labor. We’re quickly dividing the country into rich and poor and shrinking the middle class. It’s a formula for national disaster. It used to be that a basic American value was a fair day’s wages for a fair day’s work. Over time this standard has been […]

Posted in: News
Servicers “Fail” Mortgage Modification Expectations

Servicers “Fail” Mortgage Modification Expectations

With more than a million borrowers signed up for mortgage modification programs the overall result is that most are wildly unhappy with their loan servicers. According to J.D. Power and Associates, mortgage servicers often fail to deliver on certain best practices during the loan modification process, “including providing and meeting a time frame for approval; […]

Posted in: Foreclosures