The FTC remains busy on both the mortgage and loan modification fronts. After filing complaints and shuttering several loan modification shops in an action announced on April 6th, 2009, the FTC has issued a warning on deceptive mortgage advertisements. Deception has played a big role in current mortgage meltdown which probably has homeowners struggling with [...]
Archive for the ‘mortgage amortization schedule’ Category
The Federal Trade Commission Issues a Warning on Deceptive Mortgage Advertisements
Posted by admin on December 14th, 2010
Posted in mortgage amortization schedule 
Tags: Advertisements, Commission, Deceptive, Federal, Issues, Mortgage, Trade, Warning 
44 Comments »6 Big Questions on Obama’s Making Home Affordable Program
Posted by admin on December 12th, 2010
The Obama administration’s “Making Home Affordable” Program has been in the headlines since its announcement in early March. Attending to both refinancing and loan modifications, the program gives struggling homeowners additional options as they decide on the best options to lower their mortgage obligations, catch up on payments, and stay out of foreclosure. The program [...]
Posted in mortgage amortization schedule Tags: Affordable, Home, Making, Obama's, Program, Questions 45 Comments »Mortgage Amortization Schedule – Why it is Cleverly Set Up to Work Against You
Posted by admin on December 12th, 2010
I get this question all the time. If I have a good mortgage and pay bills on time, why should I even care about taking any further action with my mortgage? Good question. The way the bank charges you interest is sophisticated. You may not even realize you are paying more than you have to [...]
Posted in featured, mortgage amortization schedule Tags: action, Amortization, bills, Mortgage, Schedule 45 Comments »Your Mortgage Amortization Schedule May Contain Shocking Details
Posted by admin on December 12th, 2010
When many first-time homebuyers get their mortgage amortization schedule for their proposed loan, they file it away with all kinds of other paperwork they never intend to look at. This can be a huge mistake for several reasons. The biggest, perhaps, is the simple fact not paying attention to this important document can cost you [...]
Posted in featured, mortgage amortization schedule Tags: Amortization, Details, homebuyers, Mortgage, Schedule 108 Comments »