Although things may appear bleak in the bad credit mortgage market, there are experts that are holding out hope that the worst is over. Although fees and rates for bad credit mortgages are still quite high, there is hope in the industry that things will soon change. That offers small comfort for those that are […]
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Do Banks Have a One Size Fits All Approach to Bad Credit Mortgages?
Posted on August 8th, 2008 by justin
New allegations are swirling that lenders are taking a one size fits all view of bad credit mortgages, and not reviewing cases on a singular basis. While many banks are shying away from bad credit mortgages in the current climate, there is concern that not everyone is being treated equally. The IMLA responded to these […]
Bad Credit Mortgages May Not Be Right For Many
Posted on August 1st, 2008 by justin
Mortgage advisors are cautioning consumers about getting a bad credit mortgage, especially in today’s market. Many people are so desperate to get a home that they will get into a bad credit mortgage that they cannot afford. As a result, many of these bad credit mortgage holders are letting important things like insurance slide to […]
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