Category Archives: loans

Mortgage Debt Relief Act Extended until December 31, 2013

Posted on January 20, 2013 by Brian

So the Mortgage Debt Relief Act of 2007 has been extended through 2013: http://articles.sun-sentinel.com/2013-01-02/business/sfl-mortgage-debt-relief-extended-link-20130102_1_mortgage-debt-national-mortgage-settlement-tax-bills Good news! My shortsale went through in late December thankfully and that ordeal is done and I can start rebuilding my credit. And in three years who … Continue reading →

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if you haven’t already you should consider walking away

Posted on August 20, 2011 by Brian

did you buy a house in the past 3 years? did you overpay? are recent sales around you going for a lot less than what you paid? are you already stretching to make those payments? that was me. bought in … Continue reading →

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An idea for mortgage reform

Posted on March 18, 2011 by Brian

One aspect of mortgages (and any other loan product) I unfortunately didn’t fully appreciate until after those 100 documents were signed was that the interest would be front-loaded. So, on a 30 year fixed mortgage the rate you think you’re … Continue reading →

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