Posted on January 17th, 2010, by DHW
A great post by seekingalpha.com
History can give us guidance in fixing our real estate crisis.
“Faced with his own foreclosure-nightmare, Julius Caesar came up with a decisive and practical means to cure the solvency crisis which was at the heart of that real estate meltdown. Caesar decreed…that all mortgage interest would be canceled. Thus, all mortgage payments [...]
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Tags: history, Housing, housing crisis, interest, julius caesar, mortgage
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Posted on January 6th, 2010, by DHW
If you have Chinese drywall and an FHA-insured mortgage, contact HUD at 888-297-8685 regarding special mortgage terms.
From The Miami Herald, Shannon Behnken:
“HOMESTEAD, Fla. – Jan. 5, 2010 – After months of legal wrangling, it appears one of the first lawsuits filed over faulty Chinese drywall is headed to trial in federal court.
Melissa and Jason Harrell [...]
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Tags: chinese drywall, FHA, florida, homestead, Housing, HUD, mortgage, suit
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Posted on January 5th, 2010, by DHW
While keeping your home certainly trumps living on the street with a higher credit score, a loan modification can knock as much as 105 more points off your credit score than a foreclsoure.
According to a published article in the Detroit Free Press, a “loan modification to get a lower mortgage payment and stay in your [...]
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Tags: credit report, credit report score, credit score, foreclosure, loan modification, modification, mortgage, mortgage modification
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