Simple guides and tips to help you better understand and prepare for the home loan process. Learn how to get a mortgage, how to refinance, and more about the many different loans programs available.
I received word today that Washington Mutual Home Loans in the process of cutting more employees, and that the bank will be closing down three… Read More »Washington Mutual Closing Three Fulfillment Centers
As more mortgage lenders go belly-up, associated problems are beginning to rear their ugly heads. Such was the case when First Magnus Financial closed down,… Read More »Struggling Lenders Carry Nasty Side Effects
According to a survey conducted by Washington-based Campbell Communications, roughly 33% of home purchase closings originated by mortgage brokers in August were canceled. The survey… Read More »Survey Reveals Major Problems in Wholesale Mortgage Industry
Mortgage offer aggregator LendingTree sent out an e-mail to affiliates today asking them to remove all advertising containing verbiage relating to option-arms, MTA loans and… Read More »LendingTree Cuts Option Arm and Bad Credit Ads
Dancing aliens rejoice. The ads are back. Apparently dreams do come true sometimes. A few weeks ago, a blogger from the New York Times had… Read More »Lowermybills Dancing Alien Ads Are Back!