May 21, 2010
According to the Arizona Republic, the Senate recently voted to implement stricter regulations on mortgage brokers and loan officers. As stated in the Arizona Republic, currently many mortgage brokers and loan officers are receiving incentives, including higher pay, for offering higher interest rates than necessary to borrowers. They are also requiring proof that the borrowers can [...]
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May 20, 2010
With the current mortgage crisis, many people are seeking help with their mortgage payments in the form of a loan modification. Because the number of people asking for loan modifications has drastically risen throughout the past few years, lenders have been forced to become more strict on the qualify criteria. As a result, many people have been denied loan modifications [...]
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