Angelo Mozilo, co-founder of Countrywide Financial, accused of lying to investors about reckless loans
One of America’s top mortgage tycoons, Angelo Mozilo, was charged with fraud and insider dealing today for allegedly lying to investors about a toxic build-up of billions of dollars in reckless loans at his Countrywide Financial home loans Read More »
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I’ve had some time to do some reading lately and I’ve managed to come across a few really interesting posts that I thought I’d let everyone know about. Check em out and let me know your thoughts on some of the topics they talked about within -
Have mortgage delinquencies peaked?
The numbers of people at least 30 days late on their mortgages have increased by 58.4 percent from last year. In May, 7.01 Read More »
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What is an Interest Only Mortgage?
An Interest Only Mortgage is one of several financing options available to people seeking home loans. In this type of Mortgage Loan, as the label denotes, rather than paying both the Principal and the Interest on the loan every month, you can make monthly payments on only the Read More »
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40 years mortgage - Guide and Tips?
I Wanna Know More About, Do I GO For it?
Does it help, what about the rates and such,
Can Anyone Give or tell me where to gett Full Info About 40 years mortgage?
Thanks
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Mortgage Payments And Downsizing
The current credit crunch has affected most people around the world. Market prices will slide further before it even recovers. This year has forced many to downsize their properties. Many are jobless due to the worst economic slump in nearly two decades.
Since many are jobless, loans are not usually a viable option to maintain house mortgages at the moment. Read More »
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Reduce Your 30 Year Mortgage To 10 Years Using Mortgage Cycling
by: Ted Kushner
With all the talk lately about Mortgage Cycling versus Bi-Weekly Mortgages which one is really right for you? Choosing the correct one could literally save you thousands of dollars and shave off approximately 20 years on the life of your 30 year mortgage.
So a little background on the principal of each program needs Read More »
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