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affordability : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "affordability"

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Why Trump Is Wrong On Mortgages

Donold Trump — a possible candidate for President — thinks mortgages are tough to get, maybe impossible. “If somebody wants to buy a house,” he told CNN’s Piers Morgan, “it’s virtually impossible to get the money from a bank. And it’s — even if they have good credit. Even when mortgages are coming due, and [...]

12Dec2011 | | 0 comments | Continued
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Are Toxic Loans Coming Back?

Our good friends at Realty Times report that some in the mortgage industry believe that no-doc loans and other forms of toxic finance “may soon be making a comeback” and that “some people can’t wait for the no-doc loans.” Really? I have no doubt that some people would be elated by the return of liar [...]

20Jul2009 | | 0 comments | Continued
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Can You Refinance Your Loan Under The Obama Mortgage Relief Plan?

The 2009 Obama foreclosure relief plan has two parts, first there is modification help for those who face foreclosure and, second, there is also a refinancing program for those with loans which are no longer affordable. Under the details of the plan we can see how the refinancing program works, who qualifies and who does [...]

8Mar2009 | | 0 comments | Continued