MBA Is in Trouble As Are Millions of American Homeowners
Our modern life is full of surprises. Every day brings a new one. The Wall Street put in trouble not only milions and millions of homeowners, but the Mortgage Bankers Association (MBA) [...]
JP Morgan Chase Goes Into Commodities Business
Last year JP Morgan Chase bank bought other banks for pennies on a dollar. This year intoxicated by his success JPM jumped into commodities and decided to acquire assets from RBS Sempra for $1.7 billion. Probably JPM executives decided that Home Mortgage business and help to struggling homeowners is less lucrative now and simply boring… [...]
Can Really a Loan Audit Save Your Home?
“The Laws are on your side,” say representatives of the Truth in Lending Auditors, LLC. This company declares itself as the industry leader in forensic loan audits and saving peoples’ homes. These ‘experts’ claim that at no charge, they have forced many banks to reduce interest rates and give the homeowner much better payment terms. [...]
Mortgage Servicers’ Worst Kept Secret
This video will tell you about the secret mortgage servicers don’t want you to know about. What is this secret? they can make more money off of homeowners when they keep your loan in default. A former employee of loan servicer EMC (by the way, part of JP Morgan Chase behemoth) tells the inside story.
“Chase [...]
America’s Home Prices Are Down to The Bottom
If home prices are down to the bottom, it means that home prices will start rolling up again. Every economist will tell you that. This is how a normal market will react: up and down, up and down. On contrary, this time the market doesn’t roll up again, and probably will not go up very soon.
This [...]
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