Archive for January, 2009:

The Loan Modification Team

{ Posted on Jan 29 2009 by Charles P. }
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I had to post this because the attempt to deceive people into loan modifications makes me sick . Here is the letter I received, word for word. This letter... Read More »

Anyone familiar with hedging ARM adjustments with Eurodollar Futures

{ Posted on Jan 22 2009 by Eric Michaels }
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I have a $1M ARm tied to 1 yr LIBOR that begins adjusting in 15 months. I am looking for advice on how to lock in today;s rates using Eurodollar futures... Read More »

Will Banks Purchase Our Home?

{ Posted on Jan 15 2009 by Anonymous }
In this time of recession it's not easy to sell houses. Are banks interested in purchasing houses from the mortgage holder. We hace a very small mortgage... Read More »

Quiken Loans – Reputation and refinance offer

{ Posted on Jan 02 2009 by Bob Dragoon }
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Quicken Loans is offering a 15-yr mortgage refinance of $173,000 @ 4.375% fixed. My credit is excellent. Buy-down fee is 1.25 pts or $2,162. My goal is... Read More »