Mortgage Newsletter (5/19/2010)
Dear Mortgage4House.com Readers,
Welcome to the Mortgage Newsletter (5/19/2010). In this edition we have included news, articles and videos. You can find more resources on our website: Mortgage4House.com.
Mortgage News
Is it wrong to walk away from a mortgage you can still pay?
More people are walking away from their homes not because they can’t make the mortgage payments, but because they no longer want to. (More)
Hybrid mortgages gain in popularity
They agonize over whether to lock into a rate that is predictable and at which they’re comfortable or to go with a lower rate that will fluctuate. (More)
Five Ozarks residents sentenced for their roles in $1.2 million mortgage scheme
Five Ozarks residents were sentenced in federal court Monday for their part in a $1.2 million mortgage scheme. (More)
Spike seen in number of homeowners who lost federal mortgage aid
Homeowners taking advantage of mortgage aid under a federal foreclosure-prevention plan are being dropped from the program at an increasing rate, potentially forcing more borrowers out of their homes as the… (More)
More drop out of mortgage modification program
The number of homeowners dropping out of the Obama administration’s main mortgage assistance plan is growing, and is now almost equal to the number who have received permanent relief. (More)
Mortgage Articles
Guide – Knowing Your Way Around Loan Modification
Every homeowner in danger of foreclosure has probably already heard the term loan modification. Basically, this is a permanent change in the terms and conditions of the original mortgage that will help the homeowner pay it off eventually despite his or her current financial troubles. (More)
Affordable Home Loan Modification – How to Get One and How to Keep It
Affordable home loan modification may seem like only a distant thought to some of those individuals who desperately need one. The recession has left many in a state of desperation and confusion regarding how to keep their homes out of foreclosure. (More)
HAMP Loan Modification – Secrets and Shortcuts
The secret to understanding the loan modification guidelines for HAMP completely rests in how you submit your income and expenses. A few bucks in either direction on your groceries or electric bill co… (More)
Variable mortgages ‘continue to dominate market’
Variable rates continued to dominate the UK’s mortgage market throughout March, according to a new report.A new report suggests that variable rates continued to dominate the UK’s More)
This newsletter is provided by Mortgage4House.com.