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Tag >> Refinance

More Mortgage Refi Modifications for “Underwater” Borrowers

Posted by: Carleton Sheets in unemployment, Refinance, Real Estate, Obama, mortgage, loan to value, Loan, Interest Rate, Freddie Mac, Foreclosure, Fannie Mae, fair market value, Economy, Credit, borrower, Barack Obama on Jul 02, 2009.

A recent article published by CNNMoney.com reports that the Obama administration has revised its initial mortgage refinancing program to help more borrowers---including those whose homes are valued below their loan amount---qualify for refinancing. The revisions also include stipulations that enable eligible borrowers who are either in default or at risk of defaulting on their loan to lower their

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Commercial Loans Versus Residential Loans

Posted by: Carleton Sheets in Value, Tenant, Residential, Refinance, Real Estate Market, Real Estate Investor, Real Estate, Market Value, commercial real estate, Commercial Lending, Commercial on May 26, 2009.

I'm sure you've been reading more and more about how the commercial real estate market is following in the footsteps of the residential real estate market. And perhaps you've been wondering how these markets are different. Well, let me explain.

First of all, both markets suffer as bad mortgages, the credit crunch, and plummeting values affect homeowners and residential and commercial

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Are You Banking On Homeowner Bailouts?

Posted by: Carleton Sheets in Refinance, Real Estate, mortgage, Modification, Hope for Homeowners, Foreclosure on Feb 19, 2009.

With all the government bailout programs "floating" around, you may wonder how the programs are actually implemented in your area¾or your situation.

I was just rereading an article in Forbes magazine featuring a mortgage company called Lend America. Lend America is banking on the HOPE for Homeowners plan, which aims to help borrowers who owe more than their home is worth. Lend America will

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