Tila Solutions Consultants are contacted every hour of every day by homeowners who are trying to understand what a predatory loan is and to determine if their loan is a predatory loan. They feel the need to make sense out of their downward spiraling financial situations that seems to be far beyond any ordinary financial …
Foreclosure statistics are still on the rise. Despite government intervention, people continue to churn and burn while desperately hoping for a Loan Mod. Reports abound of unfair disqualifications, lost paperwork, completed trial modifications followed by trustee auction dates, and “understaffed” loss mitigation departments. Nobody knows just how many homes have been lost to foreclosure due …
Fitch Downgrades 8 Classes of Banc of America Commercial Mortgage Securities 2004-1 NEW YORK—-Fitch Ratings downgrades and assigns Rating Outlooks and Loss Severity ratings to Banc of America Commercial Mortgage Securities, series 2004-1, as indicated: Read more on Business Wire via Yahoo! Finance
It seemed like everything was going well in the financial markets. However we all know now that there were big fundamental problems that have come to light. The recession hasn’t been kind to people and loads of folks have lost their jobs and also faced foreclosure. Perhaps you’ve even been unlucky enough to end up …
The Federal Reserve has pumped in an amount in excess of $1.25 trillion within the mortgage-backed securities. The step was taken to control the rising, and fluctuations taking place in the home mortgage refinance related mortgage rates. The recent market trend indicates a constant variation in the mortgage rates. Last week the mortgage rates shot …