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If a person has two mortgages, for different properties,and one forecloses,will it affect the other mortgage?

Posted by James on March 29, 2009 in Home Loans |

donutsncoffee A friend of mine is in a situation where she has two mortgages on two different properties, one is her primary residence, and the other is an investment property. She is about to lose the investment property to foreclosure. She is scared that this might affect her mortgage/ownership of her primary property. Can it [...]

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2

What are the disadvantages of subprime home loans?

Posted by James on March 29, 2009 in Home Loans |

tikki I’m getting ready to buy my house. I know to do a 30-yr fixed rate. I’m just wondering what is the buzz about subprime home loans? It seems to really be hurting people and mortgage companies. What are the advantages and disadvantages? Thanks.Powered by Yahoo Answers

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