Less than six years ago people flooded the doors of Banks and Mortgage Broker’s looking for a lower rate, payment, and cash out. This was the time to refinance your home because rates were at what many called an all time low. At this time many new loan products were introduced, and some of the much more exclusive loan product’s now became available to the “Average Joe” with a 620 or better credit score. Things were gr » Read more: Four Shot Gun Reason’s to Refinance Now -
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Four Shot Gun Reason’s to Refinance Now -
May 24th, 2010The Federal Trade Commission Issues a Warning on Deceptive Mortgage Advertisements
April 20th, 2010The FTC remains busy on both the mortgage and loan modification fronts. After filing complaints and shuttering several loan modification shops in an action announced on April 6th, 2009, the FTC has issued a warning on deceptive mortgage advertisements. Deception has played a big role in current mortgage meltdown which probably has homeowners struggling with incomprehensible mortgages wondering why such a warning comes out about » Read more: The Federal Trade Commission Issues a Warning on Deceptive Mortgage Advertisements
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