Tag Archive | "aurora loan modification"

Upside Down Homeowners-Should You Stay or Should You Go?

Sunday, February 7, 2010

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Upside Down Homeowners-Should You Stay or Should You Go? The debate is raging for homeowners who are upside down in their mortgages.  With 30% of the population owing more than their houses are worth, many homeowners are weighing the pros and cons of walking away from their homes.  Understanding all your options is one of [...]

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Are Loan Mods Just Another Exotic Mortgage?

Thursday, January 14, 2010

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Are Loan Mods Just Another Exotic Mortgage? This is a great question and I’m not the only one asking it.  The following article challenges the view of loan mods as a long term solution.  It is said that when the “step up” interest rate settles after 5 years in its permanent place, there will be [...]

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