Mark Hammond's (legend) Blog

Do you know clients that can't afford their payments anymore?  In the face of thousands of foreclosures nationwide, lenders are cutting rates on their existing notes for those in hardship situations in order to "stop the bleeding," especially if clients are behind or about to be behind on payment...

Lots of people have questions about what happened in the mortgage industry over the past several months and how it will affect their next mortgage.  To put it plainly, mortgage lenders lent too much money to the wrong people for way too long.  Bad...bad lenders!  And it could affect your next loa...