In this new web commercial from Freddie Mac, learn to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud.
ONB Mortgage Meltdown
Jeff Sargent of ONB and Darryl Baskin discuss on the Future of Real Estate TV show the Sub Prime Mortgage problem and how it affects the housing market.
Bad Credit Mortgage
Looking for information on home mortgages for borrowers with bad credit? Great info here: http://www.bad-credit-mortgage-tips.com
Refinance Mortgage Information
(Best Syndication) This video will explore the option of refinancing a loan as opposed to taking out a second mortgage. When you refinance a mortgage you are taking out a secured loan that will replace your existing mortgage. As the numbers of foreclosures increase around the country, it is important to consider all of your options.
But why refinance as opposed to taking out that second loan? The first consideration is the interest rate. If a homeowner has been making their payments on an adjustable rate mortgage that has reset to a higher rate, they may be better off applying for a refinance mortgage. Depending on the credit history, a fixed rate mortgage may be available.
Frequently asked Questions (Mortgage Industry)
Governor Huckabee answers a question about the state of the mortgage industry and whether the government should be involved in bailing out lenders.
Amazing Case of Loan and Mortgage Fraud
Loan and mortgage fraud is becoming big business across the country and crooks continue to find new ways to take advantage of almost anyone and steal any identity. Eyewitness News has uncovered an amazing case that involves a victimized grandmother in San Diego, a failing Los Angeles loan company and a Las Vegas man who doesn't care who he hurts.
Mortgage Meltdown: Freezing rates
You can't make the payments. You can't refinance. And you can't sell. It's a nightmare that's coming true for more and more homeowners. Now, the Bush Administration may have a plan to bail some of them out.