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Just another WordPress.com weblog. Why needless foreclosures happen anyway. April 24, 2008. Note that I am using a cold-blooded business, not a bleeding-heart definition of “needless foreclosure.” Under my definition, if it costs an investor more to foreclose a mortgage than to make it viable, it is a needless foreclosure. I am not counting the additional human toll exacted by foreclosures, which can be very high. The problem is that there are major impediments to loan modifications, including:. A common...
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Saturday, November 13, 2010. Flexible Mortgage – Plan Full Of Freedom. E system first originated in Australia and is now very popular in United Kingdom. Has a special feature where you can offset your savings against the loan and hence reduce the rate of interest. This type of mortgage gives you better flexibility and hence you don't have to look for a better deal again and again. The Flexible Mortgage also provides you with additional money at the same interest rate up to the agreed limit. Schemes that ...
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Mortgage refinance How can it help you manage your home loan payments? January 23, 2013. Consider your personal issues. Consider the penalty charges and PMI involved. Go through the break-even point. Check your credit score before refinancing. With mortgage refinance, you can pay off your home loan with ease. You not only enjoy suitable terms and conditions but also get reduced interest rate. This, in turn, will enable you to manage with the loan payments and save your precious home. January 15, 2013.
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