Archive for November, 2010

Mortgage Modification Secrets: Shhh!

Thursday, November 18th, 2010
60MinuteLoanMod asked:


(Click “More Info” to see full video script!) www.60MinuteLoanModification visit for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans - and how you can too. Ask Mortgage Modification questions on our forums at http For me, the housing market implosion became personal. If youre reading this article its likely that the crisis has become that way for you, too. So much power and so little accountability! These lenders have dirty secrets that they wish you did not know. Knowing these will help you negotiate a better modification and KEEP YOUR HOME! There are no rules! By that I mean that street-smart homeowners should get on the bleeding-edge of this loan mod frenzy. The pioneers are getting extraordinary values. Whenever a big trend overwhelms and industry there is tremendous advantage that goes to the innovative and courageous. For many months I have been advising clients to pursue an aggressive loan mod solution, even when prospects seemed dire. I have been amazed at the results. So, be brave, be intelligent and be diligent. You will prevailat least for now. Most fees are bogus. When you look at the amount a lender claims you owe them, you might be surprised at how large that number is. If you miss 4 payments of $1000 each, why don’t you owe $4000? The answer is late fees and penalties. The problem is that all of these types of fees have to be justifiable, and completely spelled out. Most loans have RESPA and TILA violations. Up to 70% of the loans

Custom Home Closet Designs

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Mortgage Assistance : What Happens if You Default on a Second Mortgage?

Saturday, November 13th, 2010
eHow asked:


If someone defaults on a second mortgage, the process is basically the same as with the first mortgage. Discover how a lender can foreclose on a second mortgage default with help from a financial specialist in this free video on mortgage assistance and personal finance. Expert: Matthew McKillen Contact: www.innovativefg.com Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients. Filmmaker: Christopher Rokosz

Bamboo Indoor Fountain

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Nov 2006 Peter Schiff Mortgage Bankers Speech Part 8 of 8

Friday, November 12th, 2010
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.

Sliding Closet Doors

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John Tur how to negotiate second mortgage with loss mitigat

Thursday, November 11th, 2010
JohnTurMentor asked:


12 PM Wednesday meeting. Uptown buffet W Flagler St Real estate networking meeting Learn how to make big profit negotiating second mortgage with loss mitigation

Auto Touch Up Paint

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Bankruptcy Mistakes - A Second Mortgage is a Bad Idea.

Wednesday, November 10th, 2010
jeffmapes asked:


Bankruptcy is a complex field of law and without the help of a skilled attorney it is easy to make mistakes. If you are considering Bankruptcy you need to watch these videos to make sure you dont make any of these mistakes. If you have done any of these, it is important that you call us right away. The Law Office of Jeffrey D. Mapes, in Grand Rapids, Michigan, represents clients in Chapter 7 and Chapter 13 bankruptcy proceedings. www.mapes-law.com

Triple Scented Jar Candles

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My Mortgage Insurance was financed with the home and does not appear on 1098, can I still deduct it?

Tuesday, November 9th, 2010
eva asked:


My Mortgage Insurance was financed with the home and does not appear on 1098, can I still deduct it? and if I can how?
The amount is over 2K and it is listed on my Settelment Statement. Mortgage is though Bank of America. I was planning to call IRS and my bank but they are closed on the weekends.

Cleaning Vinyl Siding
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How do I find a mortgage company that deals with a 203K loan?

Tuesday, November 9th, 2010
Lily56 asked:


I’ve heard that all mortgage companies do not handle this loan. Other than calling all the companies in the phone book, is there a way to find out who does? Is there a listing somewhere?

Kitchen Decor Themes
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What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages?

Monday, November 8th, 2010
shakira murray asked:


The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high?

Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to big businesses.

Big businesses then had to cut back on expenses and began to lay people off the the thousands.

So what caused the mortgage rates to go up so high that started this financial mess in the first place?

Bamboo Vertical Blinds

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How can unmarried people report home mortgage interest paid jointly?

Wednesday, November 3rd, 2010
Thesmo asked:


I own a home in common with another person. We’re not married. We’re both named on the mortgage and we pay the mortgage out of a joint checking account, to which we both contribute and use for other various purposes. Can we split the mortgage interest deduction between us however we wish as long as we total up on our two returns to the total amount we jointly paid to the bank? Or must we use some kind of formula? How will the bank report this interest paid to the IRS?

Candy Vending Machines
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Career suggestions for a veteran mortgage guy?

Tuesday, November 2nd, 2010
Snow B asked:


I have been a loan officer, sales manager and Wholesale rep at various times over 31 yrs. I never wrote subprime loans. With the mortgage crash, I am looking for another career. I am not really interested in insurance, financial planning or being a stockbroker. I do have a college degree.

Any suggestions?

Thanks!

Wire Closet Organizers

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