mortgage industry

am lost and felt like i have been lied too by my mortage company. In 04 we bought a townhome for 184k had 2 loans, 1 for 140k that is a ARM and other for 45k. august of 05 we were approached by Countrywide that has our 1st loan telling us we have a value of 230k and you have about 35k in usable equity. We had about 25k in medical debt for my kids hospital bill. They suggested to roll that in with my 35k second. The selling point was to clear those payments to get ready to refinance my 1st...Read Full Story

I want to pay off bills so I will have more money in my pockets each month. I have no credit cards. so the will to stop using them isn’t an option, I have a car note and two personal loans I want to get rid of Answer by hottotrot1_usa What’s the interest rate on your mortgage? How does that compare to what you would get if you refinanced? What interest rate is available to you on a home equity? How much are you borrowing? What are the closing costs on each loan? Without knowing the...Read Full Story

email signup           Receive MNC in RSS news reader           me @ LinkedIn ———— (more principal writedown pressure) With foreclosure abuse settlement complete, Coakley aims at Freddie Mac and Fannie Mae – By Matt Murphy, STATE HOUSE NEWS SERVICE – The ink is not yet dry on a $25 billion national foreclosure settlement with five major banks, but Attorney General Martha Coakley has already trained her sights on two more targets. – Mass Live ———— US Business Climate To Improve In 2013...Read Full Story

SEATTLE, Feb 14, 2012 (GlobeNewswire via COMTEX) – The 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently3.7 percent, up four basis points from 3.66 percent at this same time last week. On Feb. 7, the 30-year fixed mortgage rate dropped to 3.66 percent — the lowest rate reported since Zillow Mortgage Marketplace launched in April 2008.The 30-year fixed mortgage rate hovered between 3.67 and 3.72 percent for the majority of the week, dropping to the current rate early...Read Full Story

I have a credit score of 600 and I have had a car repossesion in the last 3 years. Answer by sexyhotladybug Save up about $ 500 and go to one of them small car dealers that takes anyone with good to bad, even bankruptcy cases. They help u as long as u keep up with your payments. Most of them are $ 500 down with $ 150 monthly payments. That’s how i do it with my car. Answer by yyaahhooss I would try to lease. Some dealerships will push you through. I just got a friend of mine an Altima...Read Full Story