US Government cracking down on mortgage scams – Beware of Scams!

Posted by Jiltin     Tags: , 6 April, 2009    446 views    (1) Comment

Associated Press Release:By ALAN ZIBEL and CHRISTOPHER S. RUGABER Homeowners can locate free housing counselors at http://www.makinghomeaffordable.gov or by calling (888) 995-HOPE. WASHINGTON (AP) — Federal and state officials are cracking down on mortgage modification scams, accusing “criminal actors” of preying on desperate borrowers caught up in the nation’s housing crisis. Government officials said Monday that scammers are seeking to take advantage of borrowers in Read Full Article (Click here)...

Categories : Economy, You Know Tags : ,

Points, loan fee, processing fees! How to find if refinancing is worth the cost? Best one!

Posted by Jiltin     Tags: , , , , , , , 12 November, 2008    1,459 views    (2) Comment

This is best Mortgage comparison Calculator I have seen! I was actually planning to write a simple program for this and found one. Banks/Mortgage companies provide more options, such as points, loan fee, processing fees, which is not easy to comprehend unless you are a mortgage expert. Even though they provide APR for comparison, it is very difficult for the individual to decide which is one is better than the others considering the complexity. Here is the calculator that does all the Read Full Article (Click here)...

Categories : Finance Tags : , , , , , , ,