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How to Shop Settlement Costs
March 5, 1999, Rewritten February 15, 2003 Settlement costs are one of the most confusing and irritating features of home mortgages in the US.  Confusion arises out of the many different types of costs involved, which can vary from ... more...

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...

fhlmc guarantee fee related definitions

Origination Fee
Origination Fee Charge by a lender or broker connected with originating a loan; charged to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the value of the loan. Loan origination fee usually ... more...

Warehouse Fee
Warehouse Fee Some mortgage companies borrow money on a short term basis in order to originate loans which are to be sold later in the secondary mortgage market. When the prime rate of interest is higher on short term loans than on mortgage loans, the mortgage firm has an ... more...

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Get Free fhlmc guarantee fee Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

How To Get The Best Home Equity Loan
Are you wondering how to get the best Home Equity loan? Do not be afraid to shop around. If you decide that the timing's right for a home equity loan, ask your friends or family for recommendations of lenders. Comparing home equity loan plans will help you get a better deal.Contact several lenders, ... more...

Property Management Company - Hiring One
Hiring a property management company is a great idea if you have even a small apartment building. Having someone taking care of all the small details of a rental property means you'll have more time to find the next good investment. Also, trying to do it all yourself is the surest way to make your ... more...

What Is A Payday Loan?
A Payday loan is a small, short-term, high-rate loan. It is also referred to as: cash advance loan, cheque advance loan, post-dated cheque loan, deferred deposit cheque loan or cash loan.Payday Loans are arranged for people in employment who find themselves in a situation where they are short of ... more...

Colorado Second Mortgages
Microsofts Encarta Dictionary defines `Second Mortgage as an additional mortgage on a property that has been mortgaged once already, secondary to the main loan that is secured on the property.Lets take an example. Alicia bought a large house, with a mortgage, in a Denver suburb. She wants to ... more...

Debt Settlement
What is debt settlement?Debt Settlement is a process to settle your debts with the creditors. With debt settlement, a third party or you yourself negotiate with your creditors to come up with a reduced debt that you agree to pay. The reduction is usually between 30-60% of the total original debt ... more...

Your Guide to Credit Repair Services
There are many people today that are in great need of having their credit repaired. There can be many reasons why people need there credit repaired. Some people have bad credit due to medical bills. Some people just made poor spending decisions. Some people were victims of credit fraud. Some ... more...

Bill Consolidation Company - Comparing Debt Management Programs
A bill consolidation company takes the hassle out of managing your debt. They handle your monthly payments, negotiations with your creditors, and repayment strategy for a small fee. Through reduced rates on your bills, debt management companies can save you years on debt payments. But ... more...

Use Factoring to Grow Your Business, Don't Wait Until You Are Struggling
Have you ever refused a job or an order because your business didnt have enough capital to purchase the supplies or hire the extra staff? You build a good reputation, have good workers and then when you finally get a nice big contract, you have to turn it down because all your money is tied up ... more...

Playing With Money - And Making More
Ready to start playing with your money? Not interested in complicated businesses or boring bank C.D.'s? Here are some methods that aren't quite a business because you can do them once, or just whenever you feel like it. Start small and the risk is small.Loan SharkingYears ago a friend got a good ... more...

Securing Debt Consolidation Secured Loans
If you're like most people, then you've got debt in your life and if that debt is getting out of hand, you might want to consider debt consolidation secured loans.These loans are designed for people who find themselves in debt beyond their means to reasonably pay it back; the loans pay off either a ... more...

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