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Second Mortgage News

Refinance When You Have a Second Mortgage

It's not easy to refinance your mortgage when you have equity debt. Here are the options.

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Company offers second-chance mortgage loans

Homeowners who got caught in the Las Vegas housing bubble and lost their homes through foreclosure or short sale deserve a second chance, said Rick Piette, manager of Premier Mortgage Lending.

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French Polynesia minus the second mortgage

Despite a reputation for opulence and exclusivity, it's perfectly possible to visit these dreamy islands without taking out a second mortgage.

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More on the Role of Second Liens and the Mortgage Settlement as Stealth Bank Bailout

Readers who missed the post over the weekend entitled "Schneiderman MERS Suit and HUD’s Donovan Remarks Confirm That Mortgage “Settlement” is a Stealth Bank Bailout " are advised to read it first, since it provides important background and context for this piece, which clarifies some issues I skipped over.

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Is a cash-out home refinancing right for you?

Dear Dr. Don,I have a question of whether to refinance. We have been in our home for 21 years and are not close to retirement. Our ages are 49 and 51, and we have a first and second mortgage. The first ...

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Mortgage deal may be partial fix

The architects of the joint state-federal mortgage releief plan believe it would be better for homeowners to get a partial deal than nothing at all, according to sources close to the talks.

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China limits mortgage loans for foreigners

China is to stop foreigners from taking out mortgages in its latest attempt to cool its domestic property market

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