Let’s face it; investing in junior liens can be risky. Even the market place trades 2nd mortgages and other junior liens at some pretty steep discounts, especially when they’re delinquent. But why can they be so risky? Let’s take a look at the three biggest factors:
1.) Lien Position
First and foremost is lien position…

Filed under: News, Economy, SellingJust because all the talking heads are saying “housing is back!” doesn’t mean everyone is buying it. There’s a high degree of skepticism surrounding the housing recovery, according to a recent survey by the MacArthur Foundation. According to the survey, 77 percent of homeowners don’t believe the housing crisis is over, with some saying the worst is yet to come…

As a consumer, you’re used to being the one with the power to judge the products and services you purchase and the companies that offer them. But when it comes to financing your new home or refinancing the one you already own, you hand that power over to the mortgage lenders and, more specifically, the underwriting department…

Embed Infographic
The 10 Best Cities for Nerds By Movoto
I’m a nerd and proud of it. As a kid growing up in the ’80s, though, there were few things more terrifying than the prospect of being deemed a nerd for my love of comic books, computers, role-playing games, and myriad other “nerdy” pursuits…

Let’s face it; investing in junior liens can be risky. Even the market place trades 2nd mortgages and other junior liens at some pretty steep discounts, especially when they’re delinquent. But why can they be so risky? Let’s take a look at the three biggest factors:
1.) Lien Position
First and foremost is lien position…

Filed under: News, Economy, SellingJust because all the talking heads are saying “housing is back!” doesn’t mean everyone is buying it. There’s a high degree of skepticism surrounding the housing recovery, according to a recent survey by the MacArthur Foundation. According to the survey, 77 percent of homeowners don’t believe the housing crisis is over, with some saying the worst is yet to come…

As a consumer, you’re used to being the one with the power to judge the products and services you purchase and the companies that offer them. But when it comes to financing your new home or refinancing the one you already own, you hand that power over to the mortgage lenders and, more specifically, the underwriting department…

Embed Infographic
The 10 Best Cities for Nerds By Movoto
I’m a nerd and proud of it. As a kid growing up in the ’80s, though, there were few things more terrifying than the prospect of being deemed a nerd for my love of comic books, computers, role-playing games, and myriad other “nerdy” pursuits…