Posts Tagged as: Snohomish County Mortgage Information

To my surprise over $466 million dollars in loans where originated in Snohomish County for the first month of 2009. The total value of loans originated is no where near as high as the booming real estate times of the early millennium but since it is the first time seeing this particular report I have [...]

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It’s certainly not something you would want to think about or plan for, but when you’re in danger of losing the roof above your head, it’s best to be armed with the facts that could save you from foreclosure or help you to go through the process with as much dignity as you can. Foreclosure [...]

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When most people hear the about the United States Department of Agriculture (USDA) it is usually associated with standard of beef and not a rural and community development program. The Rural and Community Development “provides homeownership opportunities to rural Americans, as well as programs for home renovation and repair.” Programs like this are getting some [...]

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As the lending industry continues to implode frustrations between buyers and sellers are on the rise. With the collapse of the Subprime market shockwaves flow through the industry. Subprime loans were made and packaged into groups and then were rated and insured by bonding companies and then sold on the stock market. As the housing [...]

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There are many myths running around, mostly pushed by the national media, that there is no more money to be lent out for first time home buyers. But that is not the case for the first time buyer in Washington State.
Washington State has a plan, which has been around for many years to assist the [...]

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The mortgage loan has to be currently late or in arrears
FHA’s rescue program for distressed homeowners is finally here! Here’s how it works: The homeowner’s current loan has to be an ARM. It must have been paid on time for the previous six months, prior to the loan’s adjustment in rate and payment. The mortgage [...]

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There have been many blogs discussing and pointing fingers on who is to blame for the subprime collapse; the lenders, loose restrictions, over inflated home prices, rising interest rates and so on. But what there has not been a lot of, is the discussion around a workable solutions for people caught between a rock and [...]

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In the wake of the recent lending industry crisis, President Bush announced this morning, from the Rose Garden and reported by AP, that the United States Government would be their to assist homeowners.

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