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Federal Trade Commission : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "Federal Trade Commission"

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Why Mortgage “Checks” Are Not In The Mail

The checks are no longer in the mail and this is one time you really can blame the government. Until recently the daily mail would often include one or more “checks” to buy or refinance real estate. Such checks looked real with lots of “official” numbers and “genuine” markings. Most importantly, they included your name [...]

27Oct2011 | | 0 comments | Continued
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This Mortgage Lender Is A Fake (Don’t Just Take Our Word For It)

You can’t help but wonder about the good folks at Esteemed Lending Services. They seem so sure, so certain, so familiar…. If you want a mortgage, Esteemed has one for you. Recent bankruptcy? No problem? A foreclosure last month? So what. Less income? They can work with you. And help with short sales? Who could [...]

14Jun2010 | | 0 comments | Continued
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Can “Mortgage Loan Audits” Stop Foreclosures?

At first it sounds like a good idea for concerned borrowers: Stop foreclosure by showing that the lender has improperly calculated the amount owed. If the lender did not appropriately credit a payment, improperly charged a fee or used the wrong interest rate then the borrower would have grounds to contest a foreclosure action or [...]

7Jun2010 | | 0 comments | Continued