Hey folks. As you know, sometimes I will digress from the mortgage world and bring you interesting news about other consumer products. Most of us are spending a fortune on expenses for communication. Cell phone bills plus Internet access, cable, and our home phone bills add up to hundreds of dollars each month. Here’s a way [...]
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If you are a homeowner/borrower, odds are you have never heard of the term “subordination” as it applies to a mortgage transaction. But if you are a mortgage holder with both a 1st (primary) mortgage AND a home equity loan or home equity line of credit on the same property, you will find out all [...]
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