Mortgage Outsourcing_ A Sound Choice From Start To Finish

Mortgage Outsourcing: A Sound Choice From Start To Finish

Mortgage outsourcing an economical and secure way to offer your clients the level of service and quick turnaround they would get from any of your large, corporate competitors, while saving them money at the same time. As a small, independent loan or mortgage originator, you must complete the many steps in processing each mortgage… Continue reading

The Most Common Signs Of Mortgage Servicing Abuse

The Most Common Signs Of Mortgage Servicing Abuse

Homeowners can use mortgage servicing fraud and abuse practices as a defense to stop a foreclosure lawsuit. Once mortgage loans are originated, they are frequently packaged and sold off to investors. While no one may really know who owns the loan, the rights to collect the payments are transferred to mortgage servicing companies. These companies… Continue reading

The Mortgage Disclosure Improvement Act (mdia)

The Mortgage Disclosure Improvement Act (mdia)

The Mortgage Disclosure Improvement Act goes into effect on July 30, 2009. Please understand that this is federal legislation that could affect your closing date. All mortgage professionals must comply with the requirements as noted below. A loan cannot close or fund unless it has met the requirements listed below. The requirement is applicable for all mortgage… Continue reading

Should We Buy Mortgage Protection Insurance_

Should We Buy Mortgage Protection Insurance?

What if you are not able to bring in your salary due to any reason and don’t pay next month’s installments against your home loan? Illness, injuries and unemployment can happen at any stage of life. But the non-payment of home loan installments is one of the worse scenarios for most home owners. Undoubtedly, our home is… Continue reading

Why Mortgage Protection Insurance is important for a Homeowner

Why Mortgage Protection Insurance is important for a Homeowner

Mortgage Protection Insurance can be a valuable resource for homeowners if an unexpected event prevents them from being able to pay their mortgage. Mortgage Insurance is a financial product that is different than some other insurance products because it is frequently offered on a guaranteed acceptance basis. Other types of income protection insurance may… Continue reading