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Mike Zook didn't spend a dime in fees to save his Pasco home when he got behind on mortgage pay

Mortgage deal done: Your questions answered

Posted by mortgage 44 days ago (Editorial)
The $26 billion foreclosure settlement has finally been given the green light, making it possible for roughly two million of the nation's hardest hit borrowers to see a significant reduction in their mortgage payments.
What we do know (from the notice) is that the deal being investigated took place in late 2006 and was worth about $1.3 billion. It also said the deal was made of subprime residential mortgage loans.

Find a good deal

Posted by mortgage 53 days ago (Editorial)
Homeowners or developers sometimes find themselves financially overextended and need to liquidate their property quickly. Although some auction, foreclosure and short-sale homes are bargains, weeding through the inventory to find one that is acceptable to you and your mortgage lender can be daunting.

Obama Mortgage Deal Frontman Sounds Off

Posted by mortgage 58 days ago (Editorial)
Iowa Attorney General Tom Miller says he was plenty tough on the banks in negotiating the recent $25 billion foreclosure settlement.
I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortgage. It was one of those "quickie" offers tailor-made for my loan situation and designed ...
Attorney Lynn Szymoniak had spent a career investigating insurance fraud when a bank moved to foreclose on her Florida home in 2008. Almost four years later, the fraud she said she uncovered by combing through mortgage documents earned her $18 million.
The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing.

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Mortgage How to Get is an informational resource about mortgage news and information.