The O.C. Mortgage Blog

OR Does the Home Loan Shopper REALLY WANT TO BE LIED TO?  I've been doing loans for a while now (since 1984) here through the good times and Not so Good (3rd time around a bad market, this being the worst obviously) times.   But over the past Quarter Century, with All the Changes in Lenders and ...

To all on Active Rain - I Hope your holiday season is going smoothly and at least semi-stress free, with most of us feeling the financial squeeze after every credit card gift purchase we make this season! I wanted to drop you all a quick line and confirm what you've probably being seeing on the N...

I just watched a television commercial about an LLC company formed by attorneys (??) who've Now started offering Loan Modifications. This guy portraying an attorney pitches the benefits of using a legal firm and team to arrange the home owners loan modification. He goes on to state the only thin...

I'm often asked the question; Tom, my accountant tells me that I should've opted for the lower rate and "bought it down", but I thought the No Points Loan was the Cheapest? Why didn't my other mortgage guy explain this to me?? A great question, isn't it folks! And here's my short, then long expla...

Taking that First Step to Stopping Foreclosure - with the Hardship Letter to your Lender One of the items your lender or servicer will ask for during the loan workout or loan modification process is a hardship letter. A hardship letter is a written explanation as to what "event" has caused you to...