So I just wrote how banks have found a loophole in the national mortgage settlement — one that lets them continue foreclosures while getting credit with the government for making modifications. (“Loophole in mortgage settlement means … [Read more...]
Loophole in mortgage settlement means lenders continue foreclosures
So the $25 billion mortgage settlement deal that was supposed to help keep people in their homes? Turns out banks have found a loophole: They’re forgiving second mortgages while refusing to modify the primary mortgage. Quick recap: Lenders were … [Read more...]
Using scent for sales: Research says keep it simple
You know the ol’ “brownies in the oven” trick — the scent of something freshly baked can make a home feel more inviting. (There’s science behind it, too. Our sense of smell is the only one wired directly to the brain. … [Read more...]
Dinwiddie company offers quick bathroom solution
Got a client — perhaps in a rural area — who needs a few extra bathrooms? Maybe it’s for hunting season, or just a weekend party. No worries: Recycled Port-o-Jons is here to help. “Recycled Port-a-Jons have a hard fiberglass … [Read more...]
FHA: More Expensive Than Expected
We are happy to post this great information from our good friend Pat Zaby’s InTouch program which is an automatic contact system creating top of mind awareness through personalized email and social networking. - The KCM Crew The 3.5% down … [Read more...]
Mortgage Credit Lags Consumer Credit Recovery
Consumer credit has been recovering, but mortgage lending continues to lag. Data from the Federal Reserve Board shows that consumer credit debt is now higher than it was before the recession, while mortgage debt continues to decline. Based on … [Read more...]
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