A Qualified Mortgage (QM) represents a definitive set of qualifying criteria as defined by the government under Federal Dodd Frank regulations. You can think of this as a prism, more or less, with the perfect loans by definition falling inside the p
Apr 05, 2018 | Non QM Mortgage Loan Process Specialized Forward Mortgages QM foreclosure Short Sales
Maybe this is just what the doctor ordered. Remnants from the crisis, such as a Short Sale, Foreclosure, or even possibly a bankruptcy, could still be holding you back. Quality Mortgages (QM) defined is that square box of perfection that you m
Feb 20, 2018 | Non QM Specialized Forward Mortgages foreclosure Short Sales bankruptcy QM
Many people think a short sale primarily consists of simply selling your home with a realtor as part of a lender sanctioned transaction. Others may view a Short Sale as an opportunity to get out of a bad investment or difficult financial situation.&
Jun 08, 2015 | Short Sales forgiven mortgage debt Mortgage Deliquency mortgage debt forgiveness act Debt Mitigation
During the brunt of the recent mortgage crisis, when lenders nationwide faced unprecedented levels of mortgage loan delinquency in short periods of time, it was common to see delinquent mortgages sit with no adverse lender action. The lenders did no
Nov 11, 2014 | Short Sales solutions for underwater properties HECM Reverse Mortgage foreclosure forgiven mortgage debt
How should we feel about homeowners possibly not getting a fair shake with their lenders? I think we can all agree that it is pretty clear that underwater homeowners and those struggling to make their payments want to be treated fairly. Here is wher
Mar 05, 2014 | Short Sales Mortgage Loan Process Traditional Mortgage
Many are beside themselves while others have expressed a sense of panic to me regarding the expiration of the Mortgage Debt Relief Act and their decision to do a short sale. The law, or otherwise termed grossly generous entitlement, is over. I
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