Subprime Mortgage Are Back Baby! Non-Prime Mortgage is the New Name.

Interest rate negotiation can result in a lower interest rate than you are paying now.

Enough time has now passed since the subprime meltdown of the 2008 timeframe. Lenders are predictable in their ability to forget and be cyclical. When times are feeling good, they expand lending into riskier areas. It happens every single time. Well, the subprime mortgage market is making a comeback again. For people with credit scores …

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Banks Ask Homeowners Facing Foreclosure to Waive Rights

ProPublica This story was co-published with Slate. A few months ago, Bank of America offered Sergio Cortez of Staten Island, N.Y., the help he desperately needed to stay in his home: a break on his mortgage. Like millions of others, he was facing foreclosure. But there was a catch buried in the fine print. Cortez …

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