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Jeffrey Writes in About Mortgage Company Ethics

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“I have a quick question for you. What do you think of the sale of mortgages when consumers have no say over who the ultimate buyer of their mortgage will be? Say, you have a problem with one of the banks caught up in the sub-prime lending issues and your new mortgage with one of …

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Can I Trade My House In For a Smaller One Instead of Losing it in Foreclosure? – Hollis

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Hollis “Dear Steve, I am severly under water financially having lost a second income. Now my house is upside-down by probably $80K, both my credit cards are topped out and I owe $40K on those and I have been advised to declare chapter 7 bankruptcy. My retirement savings have plummetted because of the volitility in …

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