Nathan Fransen's (nfransen) Blog

The latest plan by the feds is to use FHA as a means to reduce balances for those consumers in over their heads.  Well, actually the real heavy lifting is done by the borrowers current lender.  The way its supposed to work is that the existing lender has to reduce the loan amount down to 85% of t...

I have seen a tremendous influx in the amount of information (and misinformation) pertaining to the extended right to rescind provided for by the Truth In Lending Act (TILA).  TILA is a very powerful tool for consumers but it is often misunderstood.  Still, violations of TILA should be raised as ...

Is it me or are "loan modification" companies becoming as prevelant as mortgage broker shops were a couple years ago?  I don't mean to be overly critical, and i understand many do good work, but I have heard stories of "former industry professionals" charging thousands of dollars to negotiate wit...