BiggerPockets

Is Your Servicing Company Executing Loan Mods?

Wednesday, August 26

Mortgage servicing companies are now in charge of performing loan modifications in addition to their normal duties.  Many are under-staffed which effects their peformance leading some to believe banks and mortgage investors really DON'T want to help. 

If you need help saving your home, come read about your service companies track record with loan mods.......read them by clicking the links below...

HSBC Mortgage Services Review, PHH Mortgage Services Review,  EMC Mortgage Corporation Review, Specialized Loan Servicing Review, Select Portfolio Servicing Review, Ocwen Loan Servicing Review, Litton Loan Servicing Review, HomEq Servicing Review, Central Loan Administration & Reporting (CENLAR) Review, Carrington Mortgage Services Review,Bayview Loan Servicing LLC Review, First Franklin Loan Services Review, Green Tree Servicing Review,  Aurora Loan Services Review, America's Servicing Company Review, Option One Mortgage - American Home Mortgage Servicing Review CitiFinancial Review, Saxon Mortgage Services Review.

Feds Create New Way To Handle Failed Banks

Friday, May 01

I just finished a post about the new way the FDIC created to handled failed banks and lending institutions.  As of today with the failure of Silverton Bank, the FDIC opted to take receivership via a newly created "bridge bank".

Read all about here... 

Silverton Bank Fails - FDIC Uses Bridge Bank As Vehicle

Lying To Get a Mortgage Could Put You In Jail!

Thursday, April 23

I just finished answering a question by one of our readers of the Mortgage Insider Website.  It was a great question about the ramifications of lying on a mortgage application. 

I research the penalities and was shocked!  Civil and criminal penalities are the punishement if found guilty, but what really unnerved me was the "negligent" aspect of those who could be found guilty.

You will be too...click over and read

What are the penalties for lying on a mortgage application?

Online Lenders Reviewed

Monday, December 22

I reviewed the national online mortgage lender, Amerisave Mortgage. The review outlines all the contact info I found as well as all the consumer complaints I found.

There are a bunch...

EverHome Mortgage Review ,Fifth Third Mortgage Review , US Bank Home Mortgage Review , BB&T Mortgage Review , Lending Tree Mortgage Review, Ditech Ally Bank GMAC Mortgage Review, CitiMortgage Review, Wells Fargo Mortgage Review, NVR Mortgage - Ryan Homes Review, Lennar - Universal American Mortgage (UAMC) Review, Amerisave Reviews, Lowermybills.com Mortgage Review, Quicken Loans Mortgage Review , Impac Mortgage Holdings Inc Review, Chase Mortgage Review, Bank of America Mortgage Review, WJ Bradley Mortgage Review, RMC Vanguard Mortgage Corp Review, VAMortgageCenter Review, RANLife Home Loans Review, loanDepot Mortgage Review, Freedom Mortgage Corp Review, New Penn Financial Mortgage Review, Mortgage Investors Corp Review, Luxury Mortgage Review, Guild Mortgage Review, Network Funding Mortgage Review, Castle & Cooke Mortgage Review , Envoy Mortgage Review , The Money Store Mortgage Review , Prospect Mortgage Review , AimLoan.com Mortgage Review , American Equity Mortgage Review , ING Direct Mortgage Review , James B Nutter & Company Mortgage Review , Kinecta Federal Credit Union Mortgage Review , Carnegie Mortgage Review , Alliant Credit Union Mortgage Review , WR Starkey Mortgage Review , Academy Mortgage Review , E-Loan Banco Popular Mortgage Review , Ifreedom Direct Mortgage Review , Huntington National Bank Mortgage Review , Pacific Mercantile Bank Mortgage Review , DHI Mortgage Review , HomeAmerican Mortgage Review , K. Hovnanian American Mortgage Review , Shea Mortgage Review , TBI Mortgage Review , Pacific Union Financial Mortgage Review , Embrace Home Loans Mortgage Review , East West Bank Mortgage Review , PNC Bank Mortgage Review , IBERIABANK Mortgage Review , Trustco Bank Mortgage Review , New York Community Bank Mortgage Review , TD Bank Mortgage Review , M&I Bank - Home Lending Solutions Review , Regions Financial Mortgage Review , MetLife Home Loans Mortgage Review , Flagstar Bank Mortgage Review ,

 just click those links.

Mortgage Tips For Week Ending 12-20-08

Saturday, December 20

Here's is a recap of the weeks's best mortgage tips and mortgage rate updates from the Mortgage Insider website....

Wholesale Lender Rates - Episode 12-20-08

FICO Rate Adjustments - Mortgage Rate and Tip For 12-19-08

Village Homes - Mortgage Rate and Tip For 12-18-08

Record Low Rate - Mortgage Rate and Tip For 12-17-08

Federal Funds Rate Cut To Lowest Level Ever - Video

Locking Loans - Mortgage Rate and Tip For 12-16-08

Lennar - Universal American Mortgage Review

 Par Rate

 Refinance Calculation - Mortgage Rate and Tip For 12-15-08

Housing Price Floor - Foreclosure Auction Bidding - Episode 12-12-08

I'll keep you posted on a weekly basis here... of course you could always just subscribe to the podcasts and feeds directly ...use the link provided.

Happy Investing,

Rob 

New Hard Money Tool - Free!

Tuesday, December 02

I shared what I call my "Hard Money Buying" worksheet on the main BiggerPockets blog this weekend...and just wanted to make sure I'm MY blog reader got it too.

You can download this excel spreadsheet ...HERE.

If you'd like to read my BP blog post that offered this tool...click here.

Happy Investing!

PS: Citigroup reported today...gold will hit $2,000 in 2009.