Comments for Home Mortgage

Comment on City warns homeowners about mortgage fraud by tired

tired — Wed, 25 Aug 2010 16:42:49 +0000

Stay away from guardian they are committing fraud every day

Comment on How A Reverse Mortgage Can Help Or Harm An Older Homeowner by unknown

unknown — Tue, 24 Aug 2010 21:01:07 +0000

Jason Levy should be the last person giving advice to seniors. He has a lawsuit with 28 people suing him and guardian for violations on labor laws. He is a self centered arrogant person that rips people off over charging on title fees and abuses his own employees

Comment on Bank and Lenders will Implement ‘Smart’ Online Mortgage Tools by J. W. Berg

J. W. Berg — Tue, 03 Aug 2010 17:40:51 +0000

This sounds to me like good news for consumers. The last mortgage loan my wife and I applied for was a paperwork nightmare; it would have been great if we could have used a “smart,” online loan application. It also looks like it would be good for the environment, in that lenders could do away with all the paper. And I’m guessing it could be good for lenders, too, since the borrower can complete the mortgage application online, without having to take up the time of a loan officer.

Comment on Foreclosure Filings Rising In Connecticut by Karen

Karen — Thu, 06 May 2010 16:49:31 +0000

An increase in home foreclosure complicates the negotiation when selling the house. It appears many offers and few buyers.

Comment on Loan registry raises legal questions by MERSCORP, Inc.

MERSCORP, Inc. — Thu, 29 Apr 2010 17:46:14 +0000

This is the letter to the editor that MERS submitted to the Salt Lake Tribune. We have not yet learned whether they will publish it:

“The Tribune’s April 24 article on MERS was filled with errors and missing facts—facts that we had provided to the writer before the article was published.

Contrary to the article’s assertion, MERS does not remove land ownership information from public records because that information was never there to begin with. MERS fills an information void that the county records have never provided. We track the changes in servicing rights and note ownership, and we have helped numerous homeowners find their note owner. In fact, homeowners can contact their mortgage company through MERS and MERS can connect them with the note owner of their mortgage loan when the owner has agreed to be disclosed.

The borrower makes MERS the mortgagee with 100% transparency because they sign a document at closing acknowledging that MERS is the mortgagee. MERS also has a rule requiring that the note be presented at foreclosure.

Finally, the author failed to disclose that the article’s chief MERS critic, Christopher Peterson, is currently employed as a witness against MERS in a pending legal matter. This article provided a disservice to Tribune readers and they deserve better.”

Comment on Mortgage brokers next for ban commissions? by Kim Smith

Kim Smith — Wed, 28 Apr 2010 13:57:25 +0000

I recently used http://www.apexmtg.com for my most recent Commercial Mortgage NJ . They are friendly, accurate with great rates; I would never go to another lender again.

Comment on Birmingham Man Pleads Guilty to Federal Mail Fraud Associated With Mortgage Fraud Scheme by Karma

Karma — Wed, 24 Feb 2010 03:28:14 +0000

All I can say is he brought this all on himself… Hope living the rich and famous, lol was worth it. At least he is still young right? Don’t you know living with SUCH a high degree of dishonesty, will get you caught EVERYTIME!!! Hate it!! Wish everyone’s credit, issues with IRS, could be fixed as quickly as his cell door will close.

Comment on Debt could hurt economic growth by Andrew J.

Andrew J. — Tue, 26 Jan 2010 15:53:20 +0000

Debt is one of the major problems for us families grow. Good post.