Loan.com: Mortgage Mentor Blog

30 Year Rates Slip

Alden Smith — Sat, 06 Sep 2008 01:26:08 +0000

Freddie Mac reports that mortgage rates slipped this past week, dropping to 6.35% in the week ending Thursday, down from last week’s 6.40% and the year-ago 6.46%. Stability in the market right...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Fed Rates Cuts Have Not Made Mortgage Money More Available, Boston Fed Chief Says

Amber Nelson — Thu, 04 Sep 2008 05:14:03 +0000

Dramatic interest rate cuts by the Federal Reserve over the last year have largely been ineffective in easing the system-wide U.S. credit crunch, according to statements Wednesday from Eric...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Buy And Bail - The Latest Fraud Tactic

Alden Smith — Tue, 02 Sep 2008 00:54:16 +0000

Unethical mortgage lenders are not the only ones the market needs to be aware of. Many homeowners, stuck with an upside down mortgage, are attempting to defraud lenders with a strategy Wall Street...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

30 Year Mortgage Rates Drop

Alden Smith — Sat, 30 Aug 2008 00:42:12 +0000

Mortgage Mentor wishes to welcome Amber Nelson to the blogging family. Look for a lot of good content to come from her in upcoming months. The good news of the day is that 30 year mortgages once...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

HOPE NOW Has Saved Millions From Foreclosure

Amber Nelson — Wed, 27 Aug 2008 20:54:42 +0000

Heartbreaking foreclosure stories are all over the news today. Lot of people cannot afford rising mortgage payments on their refinance or home loans. Selling is not an option for many because the...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Who’s Minding The Store?

Alden Smith — Mon, 25 Aug 2008 23:55:04 +0000

In these days of national security, where it seems like everybody knows your business and activities, you have to wonder how come there was so many unethical things going on in the mortgage market...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

The Freddie and Fannie Deathwatch?

Alden Smith — Sat, 23 Aug 2008 00:39:46 +0000

I do not have the knee-jerk mentality of many who scream no bailout for failing banks and lending institutions. Nor do I see it as a necessary evil. Even though I am a bit opinionated, I have to be...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Help For The Upside Down Mortgage

Alden Smith — Sun, 17 Aug 2008 23:44:08 +0000

No one is sure what the exact number of people there are with upside down mortgages, but a study by First American Core Logic, a real estate data analysis firm, estimates that 11% of homes purchased...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Selling Homes At A Loss

Alden Smith — Sat, 16 Aug 2008 23:52:07 +0000

It is amazing to watch the continuing fallout from the mortgage market. Banks are going down. Freddie and Fannie are in the soup, and we see the government making attempts to set things right. It...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

The Markets In California & Florida

Alden Smith — Sat, 16 Aug 2008 01:23:35 +0000

Since I read a lot of web content, blogs and news, I see a lot of things in the course of my work that most people don’t. I subscribe to several RSS feeds that cover the mortgage market, and I...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.