If you’ve followed the financial news lately you’ve probably heard some rumblings about how companies like Standard & Poors, Moody’s and Fitch have updated the way they value and rate subprime mortgage securities held by investors.  The changes in their valuation models have drastically reduced the value of the loans that make up these securities […]

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It’s amazing how many people enter the loan process to purchase a home or refinance their current mortgage with out being properly prepared to manage the transaction. They begin the process with little more than an impulse. This leaves them with little foundation for negotiation and makes them a prime target for unscrupulous […]

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Everyday, I come across a new news article talking about the impacts of pay-option loans on home owners. These loans, also called negative amortization loans, provide home owners with a monthly payment option that is less than the amount of interest charged for borrowing the money each month. Because monthly payments are less than […]

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