Susan B asked:


Asking for more money for misc. fees

Clyde

Murphyboy asked:


A question came up about this and I need an answer. Say a private party wanted to buy up a mortage that the original borrower took out on a piece of property, must the original borrower need to be notified or give permission for the sale?

Jamie

John asked:


I heard that if you disclose the race info on a mortgage loan application and tell them that you’re black, then youre less likely to get the loan. My friend is a mortage broker and she told me that hispanics have the best shot (I live in Florida) and next up is whites but that blacks have the worst chance.

Denise

frjk asked:


We are in Chapter 11 Bankruptcy and do pay that every month, but am 4 months behind on mortage. I just want a reduced payment, maybe over 40 years, not 30 and at a lower rate, but my mortgage company (Countrywide) will nottalk to us. Please help!

Nellie

George Z asked:


I have a mortage with a 5.25% arm that is adjustable in 2010. I am also investing in my employer’s 401K plan but only need to invest 6% to get the total match. I am currently investing 12% because I don’t have much in the way of retirement. Would it be better to throw that additional cash at the principle of the mortgage each month rather than in a 401K?

Marcus