(866) 999-6268 Foreclosures Loan modification Irvine CA Loans Refinances Government Repair Short Sales Foreclosure Credit Debt Consolidation Sub Prime FHA www.ocmutualmod.com We all know that life is unpredictable, and that circumstances often arise that can prevent you from making your mortgage payments. Even hard-working people can encounter unforeseen situations which may affect their ability to pay their mortgage in a timely manner. Many issues can be contributing factors such as temporary job loss, medical illness or injury, marital difficulties, unforeseen repairs or high utility rates, tenant problems, or even a death in the family. Just one of these situations can have a direct bearing on making home mortgage payments. About Us OC Mutual Funding is now helping thousands of homeowners in the United States to save their homes from foreclosure. There is Help OC Mutual Funding is a counseling organization designed to help you bring your mortgage payments up-to-date. Using creative and often unconventional methods, all well within the Code of Federal Regulation guidelines, we stop the foreclosure process. Our Goal is Solely to Assist Homeowners We have no interest in owning your home or prospering from your misfortune. As professionals who understand the mortgage industry from years of experience, we know how to help you. Put our expertise into action and you could become another one of our countless satisfied clients. Let our caring staff help you! If we are unable to …
March 10 (Bloomberg) — Connecticut Attorney General Richard Blumenthal talks with Bloomberg’s Carol Massar and Matt Miller about his suit against Moody’s Corp. and Standard & Poor’s over allegations tied to credit ratings for subprime loans. The suit, which Blumenthal’s office said was served and not filed today with the court, joins a claim filed by Ohio Attorney General Richard Cordray in November. Ohio sued Moodys, S&P and Fitch Ratings on behalf of five Ohio public employee retirement funds, claiming improper ratings of mortgage-backed securities cost the funds more than $457 million. (Source: Bloomberg)
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$8000 Tax Credit for First Time Home Buyers with Low Down Payment. Lender Finance Program with Low Payment and Fixed Interest Rate on FHA Mortgage and Government Assistance. Go To realestatemarketingthisweek.com Part 8 (Excerpt) Analyzing tax returns for self employed and small business owners; Use a Mortgage Planning Expert Credit scores now are a major factor with interest rates. You see the liars up on the internet with interest rates being at 4.625% and all this kind of hocus pocus, its not true. You are never going to qualify for that rate today. They are going to lie to you, once you sign and see the fine print you are going to realize that it is a ridiculous idea to pay that amount of money in fees. Credit scores have to be significantly higher than they used to, but again I have to tell you, its my opinions that a 70% no doc loan with someone who has a 720 or higher credit score I believe is a good loan. I personally believe that at some point it will be brought back. I am not arguing with that, with a good FICO score I can agree with a 20% down for a stated income loan. People are encouraged through our tax system to write off all of their expenses and so often we have small business people who really are making money but because they take advantage of our tax system they are not able to get a loan. They cant qualify based upon their income. In a lot of cases yes, but once again I definitely want to point his out just because someone is self employed and owns a …
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