Thursday, December 25, 2008

Refinance FHA loan to 5% rate

Many people are refinancing the FHA loan they have down to a 5% interest rate through a little know program called the FHA streamlined refinance. You may have an FHA loan that has a rate higher than 5% and if so then you too can refinance through the FHA streamline refinance program down to a 5% interest rat. The process does not require an appraisal from what I am told. The process is very simple. You must already have an FHA loan with a rate higher than 5%. For more information on the FHA streamline refinance, take a look at what the other blogs are saying about the refinance program with FHA. 5% is a nice rate I am told by Larry Linkler the FHA genious.

FHA streamine refinance

Friday, December 19, 2008

Florida Foreclosure Stories Starring Miss Foreclosure!

Mrs Foreclosure said her crusade was born out of experience. Over and over again, she said, in her cases and those of other attorneys she met, she found sloppiness, fraud and outright criminality in the nation’s mortgage lending industry. Regardless of why her clients have been unable to pay their mortgages, she maintains that nobody deserves to lose a home to the unethical and illegal foreclosure procedures that she claims are now being used by many banks and loan servicers.

Her work has earned her the enmity of many a lender and high praise from consumer advocates. “She is definitely a woman who walks the talk and carries a big stick that will crush those who defy consumer laws,” wrote Moe Bedard, president of Loan Safe Solutions, a company that tries to help homeowners prevent foreclosure.

The Mortgage Bankers Association, the trade group that represents 2,400 companies from all sectors of real estate finance, did not respond to’s invitation to comment about Mrs Foreclosure and her sweeping indictment of the industry and its business practices. And the American Bankers Association, unfamiliar with her work, had no comment.

But clients like VBankruptcy Applicants for foreclosure of Jacksonville, for whom Short sale of real estate has staved off foreclosure for more than four years, adore her. “She’s a foreclosure loan modification alternative said short sale in Florida. “Without Miss Foreclosure, I would have been out a long time ago.”