Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08

September 2nd, 2010 | Posted in mortgages   Comments Off
markmti asked:


Visit my new blog… mrmortgage.ml-implode.com Wells Fargo Subprime toxic waste exposed. Do they have to raise capital? Mr Mortgage shows a 2006 Wells rate sheet. This is hard evidence of Wells doing nasty subprime loans for borrowers with scores as low as 500 and 120-day mortgage late payments, which is essentially foreclosure status. They did not sell this directly to consumers, rather used correspondents like New Century, Accredited, Countrywide etc to rebrand the programs and sell them as their own. This is a very common practice but this just proves Wells is dirtier than most. First, because not everyone did subprime. Second, because they lied of course.

Bamboo Window Shades

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Nov 2006 Peter Schiff Mortgage Bankers Speech Part 6 of 8

September 1st, 2010 | Posted in mortgages   Comments Off
EPAdmin asked:


In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Ventless Gas Fireplaces

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Mortgage Modification 3 - Home Loan & Real Estate Marketing Nov08 - Scams, Fraud & Loss Mitigation

September 1st, 2010 | Posted in mortgages   Comments Off
REMarketingThisWeek asked:


Attorney Negotiated Mortgage Modification for Home Owners. Expert Advice on Real Estate and Loan Mods. Avoid Foreclosure Scams and Fraud. Prevent Bankruptcy. Go To RealEstateMarketingThisWeek.com Part 3 (Excerpt) Beware of phishing schemes and bank scams GMACs clients hit hard As promised just before the break, I told you to, listen in if you know anyone who has a GMAC Mortgage, this is one of those too good to be true things. Heres the thing, I have no issues what-so-ever with GMAC, thats not what Im saying, what Im saying is there is a scam of sorts that is going around. A client of ours received a letter, we did a second mortgage for this person a few years ago, they received a letter from GMAC, it looked like GMAC, it sounded like GMAC, and it said that we are willing to forgive your second mortgage of 200 and some thousand dollars in lieu of a one time payment, payable within the next 30 days, of say 20 thousand dollars. I dont recall the exact amount or what it was. There is a phone number on there, it says loss mitigation department on it, a person assigned to this case. They called the phone number, they answered the phone as if you were calling into the loss mitigation department, and verified if you just send us this amount they will release the lien. Well it is completely false. It is absolutely not true. These people are not going to seek you out on their own, now whether it be GMAC, today we have actually seen that one, there may be other ones out there

Plumbing Tips For Homeowners

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Should I get a fixed rate mortgage if I plan to remodel right away?

August 24th, 2010 | Posted in mortgages   Comments Off
ounlopez asked:


Hi all,

I am planning to buy a house with 5-10% down, but I want to remodel the kitchen and bedroom within the next two years. I expect this will add to the value of the house, making my loan-to-value ratio closer to 80/20. Do you think I should get a mortgage with an ARM, if it has a better rate, and then refinance once the remodeling is complete? Any other suggestions for the mortgage?

Plumbing Tips For Homeowners

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Countrywide Mortgage Meltdown

August 24th, 2010 | Posted in mortgages   Comments Off
consumerwarningnet asked:


Former Countrywide Employees can help the investigation at www.jameshoyer.com Countrywide evicts family right before the holidays. Why are big mortage companies like Countrywide saying they want to help families avoid foreclosure, when this is what’s really happening?

Kitchen Cookware Sets

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Mortgage?

August 21st, 2010 | Posted in mortgages   Comments Off
.: Jezz :. asked:


For his birthday, little Joe asked for a 10-speed bicycle. His father said, “Son, we’d give you one, but the mortgage on this house is $280,000 & your mother just lost her job. There’s no way we can afford it.”

The next day the father saw little Joe heading out the front door with a suitcase. So he asked, “Son, where are you going?”

Little Joe told him; “I was walking past your room last night and heard you telling Mom you were pulling out. Then I heard her tell you to wait because she was coming too.

And I’ll be damned if I’m staying here by myself with a $280,000 mortgage & no bike.

Wood Fireplace Inserts

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How To Get a Second Mortgage

August 20th, 2010 | Posted in mortgages   Comments Off
Howcast asked:


Watch this video for a demonstration of “How To Get a Second Mortgage”. Tocomplete the task, you will need: A home appraisal A computer with internet access A credit report Get started with the first step: Contact a real estate broker for an appraisal of your home, or search online for “home appraisal” for a free estimate. For the complete guide, go to www.howcast.com Also check out Howcast for other do it yourself videos from ssproductions and more videos in the Home Finance category. How can you contribute? Create your own DIY guide at www.howcast.com or apply to the Howcast Emerging Filmmakers Program at www.howcast.com

Triple Scented Jar Candles

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Canadian Funding Corporation Issues Second Mortgage in Onaping Falls

August 18th, 2010 | Posted in mortgages   Comments Off
alexandermoishe asked:


CFC at www.canadianfundingcorporation.com issues a second mortgage to 79% Loan to Value for a residential unit in Onaping Falls, Ontario. Recently Moishe Alexander helped a family get back into their home by funding almost 95% of their second mortgage thereby protecting their equity and way of life.

Trane Gas Furnace

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What penalty does Scotiabank charge for breaking a mortgage?

August 17th, 2010 | Posted in mortgages   Comments Off
blackguy_56 asked:


I’m thinking about breaking my mortgage with Scotiabank to get a better rate somewhere else (and hopefully lower payments) anyone have any idea how much Scotiabank charges as a penalty for breaking a 5 year closed mortgage 2 years early?

Kohler Plumbing Fixtures
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The dollar carry trade, my mortgage bankers presentation

August 17th, 2010 | Posted in mortgages   Comments Off
SchiffReport asked:


also check me out on facebook.com and twitter.com

Rheem Gas Furnace

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