http://www.mortgagefit.com/blog Behind the scene Fri, 06 Nov 2009 14:06:58 +0000 http://backend.userland.com/rss092 en There was a forum discussion, where the poster wanted to do a deed in lieu of foreclosure on his house as he had to leave the property and move out of state. His house was destroyed by Hurricane Ike and he had to relocate to a different state for a ... http://www.mortgagefit.com/blog/dil-fha-loan/ If you've defaulted on your loan payments, you must be thinking of applying for a loan modification to save the property. We, the borrowers, think that it would be beneficial for the lenders and mortgage servicers to modify the loan rather than foreclose. But in reality, things are different. As per ... http://www.mortgagefit.com/blog/foreclosure-servicers/ Your mortgage can disappear – sounds too good to be true, isn't it? But, it can be true if you are lucky enough. If your lender is unable to find your mortgage paperwork, he will not be able to prove that he owns the mortgage on your property. Thus, the ... http://www.mortgagefit.com/blog/loan-disappear/ With many of the homeowners feeling the pinch of economic depression, loan modification has become one of the most sought-after options to avoid foreclosure. Recently there has been a forum discussion that focuses on an issue, where the lender charges off the second mortgage even after approving modification of the ... http://www.mortgagefit.com/blog/loanmodification-chargeoff/ In order to have a smooth transition into retirement, you should start planning as early as possible. If you're planning for your retirement, then it's important to identify your retirement needs first. Once this is done, it would be easier for you to determine your retirement expenses and income. As a ... http://www.mortgagefit.com/blog/retirement-checklist/ Of late, I came across a query in the forums, where a husband sought suggestions from community members regarding collection of a second mortgage debt. His wife took this mortgage before their marriage, solely in her name. After her property was foreclosed, she was sent a 1099-A form and she ... http://www.mortgagefit.com/blog/secondloan-collections/ According to National Consumer Law Center (NCLC), reverse mortgage would be the next sub-prime disaster. It has been noticed that the brokers are making mis-leading claims to the senior citizens in order to give them reverse mortgages. Also, the lenders who were responsible for the real estate boom and the ... http://www.mortgagefit.com/blog/reverseloan-disaster/ If you are among the lucky few to pay off your mortgage in full, you must be thinking -"What now? Will I be getting a letter stating that my loan has been paid in full? Will the lender hand over the title of the property to me? What would I ... http://www.mortgagefit.com/blog/loan-payfull/ Hi all, It's our pleasure to inform you that Mr. George M. Akerly, a moderator and community mentor has set new records through his valuable participation in our forums. So far, George has made more than 6000 posts and earned mentor dollars worth $775 as an active forum participant. We appreciate ... http://www.mortgagefit.com/blog/interview-gmakerly/ In the recent times, it has been noticed that the premiums for homeowners insurance are on the rise. Your premium may even rise if there has been a national disaster in your area. Even increase in crimes in your area can lead to a rise in your insurance premiums even ... http://www.mortgagefit.com/blog/homeinsurance-premium/