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‘Mortgage Approved!’ 5 Factors That Make it Happen

NEW YORK (Source: By CANDICE CHOI Associated Press) – There’s rarely been a better time to buy a home. If only you could get approved for a mortgage.


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Major Mortgage Lenders to Hire Thousands More to Fight Foreclosure

(Source: Fins Finance) – Some of the country’s biggest lenders are planning to hire at least 7,000 additional people to modify mortgages in a bid to quell government criticism. Bank of America plans to add another 5,000 employees by the [...]


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Loan Mods May Prompt More Strategic Defaults

(Source: Emii) – Homeowners at least two-months delinquent on their mortgage may be more apt to strategically default if offered a mortgage modification despite the damage to their credit.


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