America’s service members sacrifice a great deal to keep America safe. That’s one of the reasons they enjoy some special protections against foreclosure and mortgage default […]
Party wall agreements are important whenever a property has a wall that is shared by multiple properties.
A lender will soon be required to retain 5% of the risk on all loans that are not “qualified residential mortgages” as defined by congress.
When choosing a mortgage lender, there is not currently a set of laws that establish an agency relationship with your loan officer – which essentially means buyer beware when choosing a lender.
While there may be a wide range of things an underwriter can consider regarding the stability of income, there are a few specific things that an underwriter will look at when considering the stability of income.
Can a legal resident alien get an FHA mortgage? What about the people who are not legal resident aliens who currently own homes, have a fake social security card and can’t refinance?
Along about this time last year, there was a lot of chatter in the news and financial channels about the end of the world. Well, okay, […]
The entire capitalist system is built on one thing: capital. Capital can be anything at all – literally – but all capital depends on one thing: […]
A subordination is important because if your second mortgage lender won’t subordinate your loan, there is virutually no chance that you can refinance your first mortgage.
If there is one component that predicts more than any other whether a home owner will continue making payments when times get tough, it’s this one. […]