Eugene Loan Guy » Loan Modification

Mortgage Notes and Joint Applications

Fred Chamberlin — Thu, 25 Feb 2010 15:00:48 +0000

I have posted answers to questions about mortgage items in the past and today, I have chosen one that is interesting to me and hopefully to others. This one has to do with a jointly held mortgage when the people are no longer joint. This can happen anywhere, not just in the Eugene/Springfield Oregon area. Here is the question: Read More

Scammers love economic hard times

Fred Chamberlin — Thu, 07 Jan 2010 20:32:46 +0000

I was reminded of the number of scammers out there yesterday when my cell phone rang and an automated voice told me that I was eligible for a lower interest rate on my credit card(s), all I had to do was press 9 and someone would help me. Now how do I know this was a scam? Well, I pressed 9 and after hearing the spiel from the guy on the other end, I asked if he was affiliated with my current credit company. His answer? Dead air until he hung up without a response.

Scammers love economic hard times is a post from: Eugene Loan Guy

Tax Credit or Loan Modification?

Fred Chamberlin — Fri, 09 Oct 2009 20:51:35 +0000

I just read an interesting article by Thomas Oliver in the Atlanta Journal Constitution about how Realtors®, Mortgage Bankers and Mortgage Brokers were all in favor of extending and/or expanding the First Time Home Buyer (FTHB) Tax Credit. I agree, I think extending it is a great idea. I think expanding it might be helpful, but am concerned about the increasing cost and am withholding judgment on that one. Read More