2nd Mortage Fraud?

We are co-guarantors of a construction loan for a builder. The property is in the builders company name. We just found out the builder took out a second…

Mortgage

I currently live in a house that is in someone elses name (mortgage & Deed) – I make the mortgage payments but everything is in their name. He wants…

How To Get Zero Down Financing On A Mobile Home Park – NuWire Investor

How To Get Zero Down Financing On A Mobile Home Park NuWire Investor It is often possible to wrap an existing mortgage when buying a mobile home park. What this means is that you do not have to get a new loan, and the seller …

MORTGAGE LENDER INCREASING ESCROW

My FHA mortgage was being serviced by Taylor Bean and Whitaker. On August 31 I was told that the FDIC gave my loan away to Bank of America. I had been…

HUD takes action against reverse mortgage lender in Hawaii

WASHINGTON – The U.S. Department of Housing and Urban Development today announced that its Mortgagee Review Board (MRB) is proposing to permanently withdraw the HUD/FHA approval of Financial Mortgage USA, Inc., a Home Equity Conversion Mortgage (HECM or reverse mortgage) lender based in Honolulu, Hawaii. HUD’s MRB alleges the Company failed to implement an FHA-required quality control plan; separate its lending operations from those of its affiliated insurance company; conform to prudent lending practices; and properly provide borrowers with housing counseling services.

Are 10% Mortgage Down Payments Available?

I heard that 10% down payments are not available anymore. It has to be 20%. Is it correct?

Meaning of Bank Offered "Special Financing"?

When a bank says: they are willing to offer special financing on a home they have foreclosed on, what does that typically mean they are willing or are…

Taylor, Bean and Whitaker Mortgage Sold to Bank of America

My mortgage was with Taylor, Bean and Whitaker. It was sold to Bank of America. I tried to make my August payment on Aug 16th, but was told Taylor, Bean…

Market for mobile homes experiences a sea change – Kansas.com

Kansas.com

Market for mobile homes experiences a sea change Kansas.com The federal government has also helped out this summer by raising the limits on mobile-home loan guarantees backed by HUD to almost $70000. … and more »

Mobile Home Loan Freedom – South Carolina News (blog)

South Carolina News (blog)

Mobile Home Loan Freedom South Carolina News (blog) In addition, it leaves many people scrambling to find a good enough reason to ask for a bank loan. In stark contrast, a mobile home loan that is gained … and more »