Mortgage Loss Mitigation

Mortgage insurance companies collect a premium on mortgages that require either the borrower or the lender to pay for private mortgage insurance (PMI). Private...

What is a Second Mortgage?

A second mortgage, like the name suggests, is a loan taken out on a property that is already mortgaged. Simply put, it is a...

Mortgage Loans After Bankruptcy

Filing bankruptcy is a consequence of the debtor being unable to discharge debt obligations. The eligible consumer/debtor has the option of filing a Chapter...

Second Mortgage Vs. Home Equity Loan

A primary mortgage lender advances money to a borrower, who uses the funds to finance the purchase of a home. A mortgage is a...

What are Mortgage Rates Based On

For an individual who wants to buy a property with a good mortgage deal, interest rate is one of the most important considerations. Before...

Getting a Mortgage After Foreclosure

Foreclosures are the result of the homeowner defaulting on mortgage payments or taxes imposed by the federal and the state government. The latter is...

How Does a Second Mortgage Work

A traditional mortgage enables a person to buy a house by borrowing money from the mortgage lender. Generally, banks and credit unions are preferred...

Mortgage Loan Underwriting

The entire financial condition of the applicant is reviewed during the mortgage loan underwriting process. The applicant provides the lender with the documents that...

Disadvantages of a Reverse Mortgage

As the name suggests, reverse mortgage (also known as conversion mortgage) is the opposite or mirror image of the conventional type. Here, instead of...

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Part 1 – Perceptions – The Start

There is only one accurate description of Corporate America—heartless and uncaring of anybody that needs help, or a job, even if you’re fully capable...

How Digital Technologies are Driving the Market and Investment direction. What direction?

  Oh boy, the news is out!  “Layoffs have recently surged among active managers, as investors continue to shift assets to passive funds.”  This...

Stock, Forex, ETF, or Mutual Funds ?

Amid signs of flared-up global tension, investors should protect their portfolio with low volatility ETFs. ETFs are baskets of securities that trade like stocks....