Ilyce Glink's BlogWelcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics. Sunday, October 12, 2008 New ExpertRealEstateTips Video: Mortgage Loan Tips for BorrowersIf you're getting a loan in these tough times, you'll probably want to watch this video. Noted mortgage broker Victor Benoun walks borrowers through the landscape borrowers face when applying for a loan in a credit crisis. Labels: Expert Real Estate Tips, Mortgage, Video
posted by Ilyce Glink at 9:36 AM
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Monday, October 06, 2008 Countrywide/Bank of America to Settle Largest Predatory Lending Lawsuit in HistoryToday's $8.4 billion settlement covers about 400,000 borrowers in 11 states. But Bank of America is hoping that it can reach a settlement with borrowers in all 50 states. Labels: Bank of American, Countrywide, Mortgage
posted by Ilyce Glink at 12:16 PM
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1 Comments:Two of the biggest corporate loosers. Nothing will ever happen to these guys. And we, the taxpayer, eat it. Thanks!
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Sunday, October 05, 2008 AreYou Behind in Your Bank of America or Countrywide Mortgage? Call This NumberOn the show this morning, we heard from Doug, who bought his house with an 80/20 loan (100 percent mortgage, no down payment) four years ago. He and his wife refinanced into a 5/1 a year ago and took out some cash. Labels: Bank of American, Countrywide, Mortgage
posted by Ilyce Glink at 11:01 AM
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Sunday, September 21, 2008 $700 Billion? Are you serious?The email was sent out from Treasury at 7:03pm last night. Treasury Secretary Henry Paulson is asking for $700 billion to bail out the bad mortgages still being held by world financial markets. Labels: Credit crisis, Mortgage
posted by Ilyce Glink at 11:28 AM
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Sunday, August 31, 2008 Information from Today's ShowToday on the Ilyce Glink Show, we talked about Integrity Bank, the Alpharetta, Ga.-based bank that failed on Friday. It was the 10th bank to fail this year. Regions Financial Corp has assumed the assets of Integrity Bank and all of its 5 branches will reopen on Tuesday as Regions Bank branches, according to the FDIC. I answered questions about CDs held by Integrity and also how to find out ratings information on banks. Labels: banks, Expert Real Estate Tips, Mortgage
posted by Ilyce Glink at 12:49 PM
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Tuesday, August 26, 2008 Mortgage Fraud Reports IncreaseThe number of cases of mortgage fraud reported to a mortgage fraud tracking database increased by 42 percent during the first quarter of 2008 from the same time last year, according to MARI, the Mortgage Asset Research Institute, an industry research company. Labels: California, Florida, MARI, Mortgage, mortgage fraud
posted by Melanie G. Rogers at 1:15 PM
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Tuesday, August 19, 2008 Mortgage Applicants Choose Less Risky Loans
Perhaps homeowners are taking the advice of the mortgage industry and refinancing into more affordable loans. A light at the end of the tunnel if you will. It seems to me that this past spring the industry and government really tried to publicize options for home owners facing foreclosure. The federal government, especially, exuded urgency about getting out of risky subprime mortgages into something more stable. And so it isn't that surprising that we now have data showing that proactive home owners and home buyers have been choosing government-insured loans. The positive in all this is that the message is getting out and that while the mortgage market still seems unstable, consumers are moving to stabilize their own situations. The Mortgage Bankers Association announced yesterday that more than 29 percent of July 2008 mortgage loans were for government-insured loans (mostly from the Federal Housing Administration). That's up from the 8.4 percent during July of last year. MBA announced that the July numbers show a steady increase since January of this year, when the percentage of government-issued loans was 9.4 percent. MBA attributes the increase to the following: - In March of this year, the Economic Stimulus Act of 2008 temporarily raised the FHA and conforming loan limits for most areas in the country, which broadened FHA financing for more borrowers. The passage of the Housing Bill in July 2008 made these higher loan limits permanent. - Data from the U.S. Department of Housing and Urban Development (HUD) show that the level of conventional to FHA refinance applications has increased 317 percent on a year over year basis in July, the bulk of which is likely from subprime ARM products. Similarly, the level of conventional to FHA refinance endorsements has increased 260.8 percent on a year over year basis. Based on the MBA survey, application volume for government-insured loans was up 133.9 percent in July from a year ago, while application volume for conventional loans was down 50.2 percent, evidence of a shift from conventional to government-insured mortgages. - FHA loans typically have lower down payments than those offered by Fannie Mae and Freddie Mac. Generally the maximum loan to value (LTV) ratio for FHA loans is 97 percent and 95 percent for the Government Sponsored Enterprises (GSEs). (The loan to value ratio is how much of the home can be financed - so a 97 percent LTV requires a 3 percent down payment.) - Conventional GSE loans typically have higher credit score requirements than FHA loans. MBA's data comes from information provided by mortgage lenders and the survey covers approximately 50 percent of U.S. retail residential mortgages. Because of the lower down payment and credit requirements, it's generally easier to obtain a government-insured loan than another and many of the home owners who have had trouble keeping their homes have poor credit scores and less equity in their homes. Again the good news is that people are acting - they're not just resigning themselves to losing their homes, despite some of the stories we may hear about people abandoning their properties. If you're worried about your situation, a good place to start is the HOPE hotline - 1-888-995-HOPE (4673). Labels: FHA, GSE, Mortgage, refinance
posted by Melanie G. Rogers at 9:47 AM
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How Can You Protect Yourself from Mortgage Fraud?
Labels: FBI, Foreclosure, Mortgage, mortgage fraud
posted by Melanie G. Rogers at 9:05 AM
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Thursday, August 14, 2008 Foreclosures Increase By 55 Percent In A Year
Labels: banks, Foreclosure, Mortgage, RealtyTrac
posted by Melanie G. Rogers at 10:39 AM
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Sunday, August 10, 2008 Today on the Ilyce Glink Show August 10, 2008There's a lot to talk about on Today's Show. Labels: CDs, closing costs, Ilyce Glink, Mortgage, Tax, WSB
posted by Ilyce Glink at 8:11 AM
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Sunday, June 22, 2008 Ilyce Glink Show, Sunday, June 22, 2008Today on the Ilyce Glink show, we'll be talking about Operation Malicious Mortgage, the FBI's huge national takedown of mortgage fraud schemes. We'll also be talking about how the FHA is going to renew attempts to get rid of third-party downpayment programs, like Nehemiah, and why that's so important. Labels: FBI, Mortgage, Nehemiah, WSB
posted by Ilyce Glink at 10:03 AM
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Sunday, June 15, 2008 Happy Father's Day from the Ilyce Glink ShowToday on the show, I told a story about how my father helped teach me about the value of integrity. Labels: Countrywide, Mortgage
posted by Ilyce Glink at 10:20 AM
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Friday, June 13, 2008 Beware of Those Who Promise to Save Your Home from ForeclosureThe Department of Justice today announced that eight people were indicted for $35 million of mortgage fraud in Maryland. Labels: Foreclosure, home owners, Mortgage, mortgage fraud
posted by Melanie G. Rogers at 3:47 PM
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Thursday, June 05, 2008 Numbers of Foreclosures and Delinquent Loans Increase
Home owners missed payments on almost 6.5 percent of home loans on one to four unit residential properties during the first quarter of 2008. Almost 2.5 percent of all home loans were in foreclosure during the same quarter, according to the Mortgage Bankers Association. Both delinquencies and foreclosures increased from fourth quarter 2007, albeit slightly. "Delinquency rates normally peak at the end of the year and drop to their lowest point for the year at the end of the first quarter," the MBA explained. These numbers buck that trend but not by much. Both the delinquency rate and the foreclosure rate are the highest they've been since 1979. Subprime loans represent the majority of these delinquent and foreclosed loans. And the states with the most troubles are CA, FL, AZ and NV. The four of them combined represent:
Labels: delinquent loans, Foreclosure, MBA, Mortgage
posted by Melanie G. Rogers at 10:37 AM
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Tuesday, May 27, 2008 Foreclosures in Military Towns Rise Four Times National Average
Foreclosures in military towns are up nearly four times the national average according to data compiled by Realty Trac, reports Bloomberg News. The same subprime mortgages that seemed so appealing to the civilian population drew military families too. Foreclosure filings in 10 towns and cities within 10 miles of military facilities, including Norfolk, Va., jumped by an average 217 percent from January to April compared to a year earlier, reported Bloomberg. Here's a list of the 10 communities and the increase in foreclosures: Columbia, S.C.: 492 percent Woodbridge, Va.: 414 percent Triangle, Va.: 363 percent Oceanside, Calif.: 182 percent Norfolk, Va.: 155 percent Havelock, N.C.: 133 percent Carlsbad, Calif.: 131 percent Barstow, Calif.: 120 percent Columbus, Ga.: 102 percent Twentynine Palms, Calif.: 73 percent Labels: Foreclosure, military, Mortgage, Subprime
posted by Melanie G. Rogers at 12:57 PM
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Monday, May 19, 2008 FBI Says Mortgage Fraud Has Increased
The U.S. Federal Bureau of Investigation announced this month that it was investigating 1,200 cases of mortgage fraud at the end of 2007. That's an increase of 47 percent over 2006 and up 176 percent since 2003. It's important to note that the FBI only investigates cases that are worth more than $500,000, so the 1,200 may be excluding many of the homeowners most affected by foreclosure and other housing troubles. The numbers the FBI provided were included in a report on mortgage fraud and some of the data came from the Mortgage Bankers Association. It makes me question some of the impartiality of this report. The Mortgage Bankers Association represents mortgage lenders. Here's another stat that further shows the extent of the mortgage crisis: - more than 2.2 million foreclosure filings were reported on approximately 1.29 million properties during fiscal year 2007, a 75 percent increase over 2006 The FBI also says that as the housing market continues to decline the possibility of mortgage fraud goes up. So maybe we ain't seen nothing yet? Lenders are trying to protect themselves by tightening credit standards for new mortgages. So if you're trying to get a mortgage be prepared. If your credit isn't the best and you haven't saved much you may want to go for an FHA loan. Labels: credit score, FHA, Home Buyers, Mortgage, mortgage fraud
posted by Melanie G. Rogers at 4:25 PM
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Tuesday, April 29, 2008 How Can You Boost Your Financial Literacy?
One in 10 Americans reported being late or missing a mortgage payment last year, according to a survey released by the National Foundation for Credit Counseling and MSN Money. More than one third of those surveyed say they don't have any non-retirement savings, including an emergency fund of three to six months salary. Nearly two in 10 of those surveyed said they "keep little or no track at all" of their expenses. NFCC and MSN Money commissioned the study of 1001 Americans, which was conducted between March 5 and 15 this year. My guess is if you are reading this blog and are one of Ilyce's readers you take better care of your money than most. One great way to budget is to use a program like Quicken or Microsoft Money. You can track your accounts and expenses and figure out where you can pare back or how to do more with your money. To learn more about personal finance check out Ilyce's book, "50 Simple Things You Can Do to Improve Your Personal Finances." Or "50 Simple Steps You Can Take to Disaster Proof Your Finances" - which you can get for free (plus shipping) from Ilyce's online store. Labels: financial education, financial literacy, money, Mortgage, NFCC
posted by Melanie G. Rogers at 10:23 AM
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Friday, April 11, 2008 More Than 1.2 Million Homeowners Keep Homes
Yesterday the HOPE NOW alliance released data on how many homeowners they've helped since July 2007. More than 1.2 million homeowners have kept their homes so far. Since the start of this year, more than 309,000 loan workouts have been processed. In some cases, a workout means to change the terms of the loan to enable a borrower to keep his or her home. Other times it means setting up a repayment plan. Nearly half of all 2008 loan modifications have been for subprime loan workouts, the alliance announced. If you're having trouble making your mortgage payments you can still call HOPE NOW. Here's some info provided by them: HOPE NOW urges homeowners facing challenges with the mortgage payments to call their servicer or the Homeowner's HOPE Hotline, 1-888-995-HOPE, immediately to explore what options are available. The 1-888-995-HOPE Hotline is provided by the Homeownership Preservation Foundation. HOPE NOW efforts and the 1-888-995-HOPE Hotline are free to the borrower. Borrowers should be wary of sources that offer help but require a fee, as there should never be a cost associated with putting the borrower in touch with HUD-approved counselors or their servicers. Melanie Labels: Foreclosure, home owners, HOPE NOW, Mortgage
posted by Ilyce Glink at 8:57 AM
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Wednesday, March 12, 2008 Want to Learn About Credit? Watch Ilyce's VideoNot sure what a credit score means and why it's important? Watch Ilyce's "Understanding Credit" video. Labels: credit cards, credit score, Mortgage, YouTube
posted by Ilyce Glink at 5:29 PM
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Friday, March 07, 2008 Foreclosure Numbers Reach Highest LevelHere's some sobering news: the rate of foreclosure starts and the percent of loans in foreclosure are at the highest levels ever, according to the Mortgage Bankers Association. The total delinquency rate, which measures how many people are behind in loan payments, is at its highest point in the MBA survey since 1985. Labels: credit score, Foreclosure, loans, Mortgage
posted by Ilyce Glink at 11:30 AM
1 comments
1 Comments:It looks like this mortgage crisis is going to get much worse before it turns around. The credit card defaults are increasing as well...American consumers are truly stretched to the limit.
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Thursday, March 06, 2008 OCC Throws Its Hat in the Ring
This is the 400th posting to Ilyce's blog! Woo hoo! Quite a milestone! Yet another government agency made its voice heard this week in ongoing housing and mortgage news. The Office of the Comptroller of the Currency, which oversees national banks including issuing them charters, now requires large national banks which service mortgages to provide mortgage data on a monthly basis. The OCC made the announcement in a letter to nine national banks which account for most of the national mortgage banking activity. Despite its name, the OCC does not directly oversee the American Dollar. Though it's probably fair to say that the mortgage crisis has weakened the dollar; it's certainly not helped it. As of today, for every Euro you exchange you'll get $1.53. The agency "was very pleased with the level of cooperation evidenced at the meeting and the recognition of the importance of prompt provision of data to us," said John Dugan, comptroller of the currency, who leads the agency. Well what are the banks going to do? Turn down the government? Say "No, we're not going to share our information with you?" Unlikely. They don't want to jeopardize their charters. The OCC plans to share the data with state agencies through the HOPE NOW alliance. Hopefully this extra level of oversight will help government regulators discover pending mortgage loan problems sooner in the future. Otherwise it's just more people pushing paper. Melanie G. Rogers ThinkGlink.com Labels: banking, Fraud, loans, Mortgage, OCC
posted by Ilyce Glink at 12:24 PM
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Monday, March 03, 2008 The Latest on Housing in the U.S.
"Let me be clear: I oppose any bailout," said U.S. Treasury Secretary Henry Paulson this morning before the National Association of Business Economists. Did I read that correctly? It sounds like Paulson may be OK with the market solving this problem. It makes those of us who believe Larry Kudlow's creed - I believe that free market capitalism is the best path to prosperity - pretty happy. Still, even if Secretary Paulson feels this way, it doesn't mean Congress won't try to fix things. A few points to note: 93 percent of homeowners pay their mortgages on time every month and only 2 percent of homeowners are facing foreclosure, per Secretary Paulson this morning. So while this is a crisis, we can take some solace in knowing that most households remain stable. Secretary Paulson spoke of two other conclusions - 1) that solving the mortgage crisis is the joint responsibility of industry, government and homeowners. And 2) talk of homeowners facing foreclosure is often combined with discussions of homeowners who are upside down in their mortgages. That is, their mortgages are higher than their home values. He said while this is a dilemma, it does not mean that those homeowners will necessarily lose their homes. He's right - home values will continue to change and at some point should turn around positively again. If people can continue making their mortgage payments on their current loans they should be OK. To see the full text of Secretary Paulson's speech, visit the U.S. Department of the Treasury's Web site: http://www.treas.gov/press/releases/hp856.htm Melanie G. Rogers ThinkGlink.com Labels: Foreclosure, government, Hank Paulson, Kudlow, Mortgage
posted by Ilyce Glink at 10:33 AM
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Tuesday, February 12, 2008 More Sleepless Nights
Last month I blogged about the National Foundation for Credit Counseling's Mortgage Reality Check. They've released the latest results. Things are not getting better. - 78 percent of the respondents said they had trouble sleeping because of worry about their current financial situation, the possibility of losing their home or car, or their ability to use credit. This is an increase of 16 percent over the November and December 2007 findings. - 69 percent of consumers taking the poll said they do not believe that refinancing their home will resolve their financial dilemma. This is an increase of 8 percent. - More than half of the respondents, 59 percent, owe more on their home than it is worth, up by 11 percent. - The category reflecting how many people had skipped paying some bills in order to pay others grew by 10 percent. - NFCC said the number of survey participants who fell into the most distressed category - the RED one - "immediate advice or assistance is recommended" increased by 12 percent since January Results come from more than 4000 surveys taken at the Web site http://www.housinghelpnow.org/ Often, when something's causing anxiety it's better do something about it. Ask questions and educate yourself. Sell whatever it is that is causing you financial pain. Even if you have to take a loss you will stop the bleeding. And when all else fails get a sleep mask and ear plugs. Melanie G. Rogers ThinkGlink.com Labels: Foreclosure, Mortgage, refinance, sleep
posted by Ilyce Glink at 3:35 PM
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1 Comments:I am talking to homeowners everyday who no only think refinancing won't help them, but neither will a loan modification. Almost all of them owe more than their home is worth today.
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Project Lifeline Buys Home Owners 30 Days
Can't pay your bills? Call the government. It'll take care of you. Treasury Secretary Henry Paulson and Housing and Urban Development Secretary Alphonso Jackson announced Project Lifeline today. It's a program designed to help homeowners facing foreclosure. Six mortgage lenders have agreed to stop foreclosure proceedings for at least 30 days against home owners who haven't been paying their mortgages. The lenders are Washington Mutual, Bank of America, Citigroup, Countrywide Financial, JP Morgan Chase and Wells Fargo. Project Lifeline works like this. Lenders will actively contact borrowers who are at least 90 days behind on their mortgages. They will give borrowers options to work out new loan terms with the goal of preventing foreclosure. Interestingly enough, the Wall St. Journal quoted Secretary Paulson saying borrowers have to bear some responsibility too. If your lender contacts you and you don't respond, the government can't help you. The speechwriter who wrote Secretary Jackson's speech must have been feeling really nostalgic. It's all about heart: "History will judge our efforts, but we will also be judged in our hearts. At this decisive moment, let us remember that the people who need us are our friends and neighbors, the people we see at the grocery store, and the people picking up their kids from school, the people we work with, the people with whom we share our lives. Their homes are usually their most important investment and the fulfillment of a dream. When we save a family from foreclosure, we strengthen our communities and neighborhoods." Melanie G. Rogers ThinkGlink.com Labels: Foreclosure, home owners, House, Mortgage
posted by Ilyce Glink at 1:06 PM
1 comments
1 Comments:"If your lender contacts you and you don't respond, the government can't help you."
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IRS Issues Guidance on Mortgage Debt Forgiveness
This morning, the IRS finally issued guidance on how homeowners who completed a short sale, and had their mortgage debt forgiven by lenders, can file their returns. Here is the actual news release from the IRS: WASHINGTON -- Homeowners whose mortgage debt was partly or entirely forgiven during 2007 may be able to claim special tax relief by filling out newly-revised Form 982 and attaching it to their 2007 federal income tax return, according to the Internal Revenue Service. Normally, debt forgiveness results in taxable income. But under the Mortgage Forgiveness Debt Relief Act of 2007, enacted Dec. 20, taxpayers may exclude debt forgiven on their principal residence if the balance of their loan was less than $2 million. The limit is $1 million for a married person filing a separate return. Details are on Form 982 and its instructions, available now on IRS.gov. "The new law contains important provisions for struggling homeowners," said Acting IRS Commissioner Linda Stiff. "We urge people with mortgage problems to take full advantage of the valuable tax relief available." The late-December enactment means that reporting procedures for this law change were not incorporated into tax-preparation software or IRS forms. For that reason, people using tax software should check with their provider for updates that include the revised Form 982. Similarly, the IRS is now updating its systems and expects to begin accepting electronically-filed returns that include Form 982 by March 3. The paper Form 982 is now being accepted, but the IRS reminds affected taxpayers to consider filing electronically, which greatly reduces errors and speeds refunds. The new law applies to debt forgiven in 2007, 2008 or 2009. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, may qualify for this relief. In most cases, eligible homeowners only need to fill out a few lines on Form 982 (specifically, lines 1e, 2 and 10b). The debt must have been used to buy, build or substantially improve the taxpayer's principal residence and must have been secured by that residence. Debt used to refinance qualifying debt is also eligible for the exclusion, but only up to the amount of the old mortgage principal, just before the refinancing. Debt forgiven on second homes, rental property, business property, credit cards or car loans does not qualify for the new tax-relief provision. In some cases, however, other kinds of tax relief, based on insolvency, for example, may be available. See Form 982 for details. Borrowers whose debt is reduced or eliminated receive a year-end statement (Form 1099-C) from their lender. For debt cancelled in 2007, the lender was required to provide this form to the borrower by Jan. 31, 2008. By law, this form must show the amount of debt forgiven and the fair market value of any property given up through foreclosure. The IRS urges borrowers to check the Form 1099-C carefully. Notify the lender immediately if any of the information shown is incorrect. Borrowers should pay particular attention to the amount of debt forgiven (Box 2) and the value listed for their home (Box 7). For more information, visit the IRS website, http://www.irs.gov/. Labels: Foreclosure, Mortgage, Tax
posted by Ilyce Glink at 10:48 AM
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Tuesday, January 08, 2008 Test Results Show High Foreclosure Risk
A high percentage of Americans (71 percent) who took the National Foundation for Credit Counseling's Mortgage Reality Check in November and December may not be able to pay for their homes and risk foreclosure. Here are some of the results from the nearly 1,700 people who took the test: * 52 percent of the respondents admitted to skipping payments on some bills in order to find money to pay others. * 61 percent do not believe their financial situation will be improved by refinancing their home. * 62 percent are having trouble sleeping due to worry over their current financial situation, the possibility of losing the home or car, or the ability to use credit. Perhaps more troubling is that the numbers of homeowners in trouble increased from October. The check, available on the Web site http://www.housinghelpnow.org/, asks 12 questions and then ranks you in one of three categories. RED is "immediate advice or assistance is recommended. YELLOW asks you to "review the responsibilities of home ownership." GREEN means "you don't appear to be at risk." If you're feeling anxious about your mortgage you may want to take this test and check out the Web site. It gives you a phone number to call for help. Melanie G. Rogers ThinkGlink.com Labels: Foreclosure, Mortgage, NFCC
posted by Ilyce Glink at 11:59 AM
1 comments
1 Comments:I just landed on your blog and found it to be very informative and interesting. I would be highly obliged if you could spare some precious moment of yours and allow us to contact you for giving an interview or allowing us to review your blog in a debt community site having 100K+ members. Please let me know your choice and mail me at julimith@gmail.com
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Thursday, December 20, 2007 Congress Votes to Extend Mortgage Insurance Tax DeductionIlyce is hosting the Clark Howard Show today on WSB Radio. Here's some more information about the mortgage insurance tax deduction mentioned on air. Labels: Home, House, insurance, Mortgage, pmi, Tax, tax deduction
posted by Ilyce Glink at 12:53 PM
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Friday, December 07, 2007 Home Ownership At All Costs
Yet another group is speaking out against President Bush's mortgage proposal. The National Multi Housing Council, which represents the interests of the rental housing industry including owners, construction firms, financiers and property managers, is fuming about Bush's plan. "Unfortunately, while there was much the government could have done to prevent this crisis, there isn't much it can reasonably do now to alleviate it," said Doug Bibby, NMHC president. "What it can do, however, is recognize its own mistakes and ensure that this doesn't happen again. And that means, among other things, recognizing that homeownership isn't the right housing choice for all households at all points in their lives." That's a huge takeaway. People can create wealth in ways other than purchasing a home. People can buy homes following safe financial practices like saving for a down payment and making sure they have enough money for not only the monthly mortgage payment but also for taxes and insurance. Bibby also said the government tried to create federally-backed no-down payment loans, encouraging the current housing crisis. Bush's plan "won't change the fact that house prices clearly remain above their equilibrium level, as shown by the continuing drop in house sales and increase in the inventory of houses for sale," Bibby said. How much role the government should have in the housing market remains debatable, but the NMHC clearly blames this administration for the plight of those who bought more home than they could afford. Melanie G. Rogers ThinkGlink.com Labels: down payment, government, Home Buyers, Mortgage, President Bush
posted by Ilyce Glink at 3:13 PM
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Should the Feds Help People Who Can't Pay Higher Mortgage Rates?President Bush unveiled his mortgage relief plan yesterday. |
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1 Comments:
Interesting information. I think that getting a mortgage loan can be stressful and sometimes scary. Getting as much information as possible is a good idea. It's important to know what to look for when finding a mortgage lender.
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K | October 20, 2008 11:57 AM
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