Archive for the 'Sub-Prime Mortgages' Category
Pending FHA Legislation to Help Cash Poor Buyers
This post is from our latest sponsor, the FHA Mortgage Center. I urge you to check them out to learn more. They’ve got a lot of great information about FHA loans and some of the changes due to recent legislation. Either follow a link in the post, or check it out through the link in […]
Read More..>>Four things to do if your lender goes bankrupt
This isn’t something you would have had to worry about a few years ago, but over the last few months we’ve seen a number of lenders file for protection. What do you do?
1. Don’t worry about it. It is very unlikely the mortgage company even owns your loan anyway.
2. Follow up on your escrow information. You don’t […]
I Was Almost a Sub-Prime Casualty - Thanks NetBank
I have a small business account with NetBank for my consulting firm which contains my checking account and a money market account. A few days ago I got notice that NetBank was being taken into receivership by the FDIC. You can read more here. Basically, NetBank went bankrupt, much like New Century and American Home […]
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