Archive for January, 2009
Fannie Strikes Deal to Modify Loans to Prevent Foreclosures
Wall Street Journal - USA ... modify mortgages tied to assets it acquired through recent federal bailouts, and the Federal Deposit Insurance Corp. is pushing its own formula for loan ...http://online.wsj.com/article/SB123328152873231973.html?mod=googlenews_wsj
Can Data Breaches Be Expected From Bankrupt Mortgage Lenders?
by: Tim Maliyil The stock market is in a tumult. Actually, it has been for about a year, ever since the subprime fiasco (anyone take a look at Moody's performance over the past year?) Now that that particular issue has been beaten to death, other mortgage related issues are cropping up. Most of the stuff covered in the media is financial in [...]
How good of a loan Modification did you get, and how much did you pay for it?
Sticks asked: Just curious what a few people paid for their loan modification and what kind of a deal you got. I want to make sure that this isn't just the next wave of shady mortgage lenders. Sally, I disagree. Yes you can do it yourself, but you can also have a professional lawyer do it too. In this economy, with the biggest asset and [...]
Manufactured Homes and FHA-Insured Loans
By Richard Oliver Homeowners that live in manufactured homes often face confusion and frustration at the worst possible time ---at the 11th hour when they go to buy/sell or refinance their home and the lender pops up with a final condition: an engineer's certification of the manufactured home's foundation. For many this becomes a crisis when the [...]
How difficult is Wells Fargo going to make it to close my accounts?
J E M asked: I am considering closing a checking and savings account with Wells Fargo, transferring my funds to a seperate bank, and (if posible) switching my VISA from WF to the new bank. Will it be a smooth process or will they put up a many roadblocks as possible to prevent it? Everything thing else I've done with them would sugget it's [...]
