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Front Page News Discuss Sub-Prime Lenders Loosening Up? in the InfiniteCredit Community Central forums; In recent weeks, I have seen two cases of mortgage companies actually reducing balances and changing ARMs to a fixed rate.One was a month after the foreclosure sale at which ...
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Old 12-03-2007, 08:47 PM   #1
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Sub-Prime Lenders Loosening Up?
In recent weeks, I have seen two cases of mortgage companies actually reducing balances and changing ARMs to a fixed rate.One was a month after the foreclosure sale at which the mortgage company got the house back, subject to Michigan’s six month redemption period.Like the no holds barred lending [...]

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