Quote:
Originally Posted by unclmikl  MOE
Maybe we can put a new tool in the toolbox. for those of us who have been modifried into an adjustable rate. in what steps we should take in securing our long term financial interest in our homes. (post care). breakdown new loan products as they become available (dont know what kind of products are going to be spun off from the housing bill)and post our new loan offers so we can evaluate the pros and cons |
Geez I'm late in relying here. I apologize.
Those are some great ideas and something I will build as soon as I am able. One of my goals was to make this a super site of
home mortgage information for homeowners. Not just
loan modifications, but everything you mentioned and more.
Quote:
|
well thier is a new monkey wrench to building credit. credit card companies are lowering credit limits.(amex lowered my limit to $1200 from $3000 i have never been late always pay more than minium. i did some research to find that cause of the market this is a new common practice.this throws off your debt ratio and further impacts your fico.
|
And couple that with the fact that they are having trouble funding their operations. Not good at all for amex....