Posts with tag loans

Mortgage Jargon in Simple Terms

Obtaining a mortgage loan means dealing with a lot of paperwork, from the documents you have to submit to documents you have to read and sign. More often than not, you're dealing with terms and conditions on various mortgage types that may be so difficult to understand that you just want to pull out your hair. But not... Continue Reading »

Conventional Mortgage Applications Have High Rate of Errors

Figure you're protected from mortgage fraud because you have a conventional conforming loan? The analysts at CoreLogic say don't be so sure. According to their data, 1 in 200 mortgage applications for conforming loans include mistakes that could ultimately lead to default. The most common kinds of misrepresentations were... Continue Reading »

Michael Jackson's Housing Debt Weighs on Estate, Heirs

Michael Jackson lives on through a mountain of real estate debt still on the books at the one-year anniversary of his passing. Due to this and other deficits, his personal estate's money woes remain steep and still affect the family members he left behind. With little liquidity floating around, eyes are on Jackson's real... Continue Reading »

#postcontentcontainer, #fivemin-widget-blogsmith-0{width:300px;height:250px;background:black url(http://pthumbnails.5min.com/3114706/155735263_3_300_250.jpg) no-repeat center center;} Eddie Kim's parents made savvy residential real estate purchases in New Jersey 15 years before the housing bubble burst, so he... Continue Reading »

Foreclosures Fall as Banks Streamline Process

Foreclosures dropped again in May -- the second month in a row that the number of foreclosure actions fell, according to research company RealtyTrac. The news will make for some positive headlines -- but we've seen fluctuations like this before. The rate of foreclosure is still absurdly high. The genuine good news is... Continue Reading »

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