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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

Upfront Mortgage Brokers Listed by State
IMPORTANT NOTICE:  BEFORE CONTACTING BROKERS LISTED BELOW, READ  "HOW TO DEAL WITH A UMB" Upfront Mortgage Brokers as of December 10, 2005  Arizona Resident Brokers Keith Carothers, AZ Mortgage Dr. Fee: Negotiated on a case-by-case basis www.azmortgagedr ... more...

home lender loans appraisal mortgage insurance land related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more...

More about home lender loans appraisal mortgage insurance land

Tips Regarding Interest Only Loans
What are interest-only loans? How are they structured and who are they right for? How do you avoid common mistakes people make when choosing interest-only loans?Loans with the option of paying only the interest every month are called interest-only loans. These loans allow you to pay on the ... more...

Home Equity Loans Beware of Appraisal Fraud
A new report by the independent Demos group has revealed what may not be a surprise to many people corruption is rampant in the home appraisal industry. The bust in the dot-com market of some five years ago has left would-be lenders with a surplus of cash to lend. This has led to a huge boom in ... more...

A Second Mortgage Vs. A Home Equity Loan
Second Mortgage Tip #1 One Time ExpensesA second mortgage is the preferred option if you have a one time big expense you need to cover. Examples of this include remodeling your kitchen, paying for a wedding, or buying a new car. In these instances a second mortgage will probably work best for you; ... more...

How to Buy a Home When Your in Your Twenties
A Singles Game of Real Estate (Getting started in your twenties)Due to the fact that most of us grow up in either a rented apartment or our parents single family home, it stands to reason that most people, when beginning to ask themselves the question of purchasing their own dwelling, will come to ... more...

Getting Raw Land, Not a Raw Deal!
There is more to buying raw land than meets the eye and more than a few individuals have wished theyd had a second chance upon finding themselves duped, conned, misled, ill-advised, uninformed, oversold, undereducated and often unprepared. They realize, often too late, that a raw land purchase ... more...

When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate
When it comes to debt consolidation some people dream of day when all their bills will disappear. Next to hitting the jackpot, a debt consolidation loan is some times the only way out for a debtor. No more playing "pick the bill out of the hat" to see who gets paid, all you have is one affordable ... more...

The Red Flags of Getting a Home Loan
Red flags are indicators that there may be a current or future problem with the borrower or transaction. They help Underwriters isolate pertinent issues that are part of the overall loan evaluation. They are questionable items, and when there are several, they usually indicate that something is ... more...

High Tension for the Buyer and Seller of Real Estate Can Be Reduced
Tensions can run high in both the selling and buying of real estate. After all, there is a lot of money and emotion involved! There are also time pressures and numerous privacy issues to deal with. The sale and purchase of real estate can be a lengthy process involving numerous professionals from ... more...

Bankruptcy, Is It A Way Out
Negotiations with creditors have failed. Repossession is imminent and foreclosure proceedings have begun. Your income is simply not sufficient to pay your bills, no matter how low the payments are. It may be time to consider bankruptcy.Bankruptcy law evolved as a reaction to the abuses surrounding ... more...

Set Aside Foreclosure and Decree and Motion for New Trial
Prove Up of the ClaimTo recover on a promissory note the Plaintiff (lender) must prove existence of the note.To recover on a promissory note, the plaintiff must prove:(1) the existence of the note in question;(2) that the party sued signed the note;(3) that the plaintiff is the owner or holder of ... more...

How to Achieve Financial Freedom with Your Home
The secret disclosed on how you too could achieve financial freedom through property (and tell the pension companies just where to stick their measly, worthless pensions) Geoff Morris is a self-made property millionaire who made it in less than 18 months even with a hectic 'day job'. He has written ... more...


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