RSS FeedAre there any government programs out there that can help ...
References :
By Peter on Dec 27, 2009 | Reply
Problem 1 being under water in today’s market even though the Government is requesting Lenders to work with it, they are not! The market began to show the Direct Lenders going through the motion and approving these loans with good credit, etc.. The servicing banks are now buying back the same paper after they A. took the hit of upside down and B. took another hit for the closing cost! Guess what? The brakes have been pushed to the metal. Done deal! The ONLY thing I can suggest is a legitimate loan Modification that will have both Lenders if not the same lower the rate/s in order to accomadate the fall out amount for being under water. That will work and has for many people. I can help you out if you need. References :
By James on Dec 27, 2009 | Reply
Well if you already did an appraisal and you know that you are underwater by 20k then there really is nothing that you can do. If you didnt do an appraisal then you need to have one done to see exactly what the house can appraise for. If you are underwater then you need to do a loan modification with both banks to lower the rates.
Equity Home Loan Minnesota- News
Thirty-Year Fixed Mortgage Rates Increase for Fourth Consecutive Week
|
|
Thomson Reuters Releases Fourth Quarter 2009 Global Investment Banking Reviews The global equity markets took center stage in 2009 with record offerings from US financial issuers and a surge in IPO offerings in the third and fourth and more » |
|
MidCap Financial Announces December 2009 Closings Over Of $20 Million For 2 ... MidCap announced the closing of a $11600000 first mortgage loan to a subsidiary entity of Silverado Senior Living (“Silverado”) to acquire an assisted and |
|
The Marcus Corp. Reports Operating Results (10-Q) We reported net equity losses from unconsolidated joint ventures of $5000 and $36000 during the second quarter and first half of fiscal 2010, respectively, |
|
Foreclosure notice leads to suicide of 'nice lady' Foreclosure notice leads to suicide of 'nice lady'She had a negative equity of $14000 in the property. But Garcia made mistakes too, the biggest of which was not having someone review the loan during the |