Paying mortgage origination points
A: You shouldn't, it is a rip off. It takes a long time to recover the cost of a single mortgage point, never mind two or three. Unless your credit is very bad, even then, you can always try finding someone who wouldn't charge you.
Wall Street Journal: Record Year for Late Payments on Bad Credit
Late payments on subprime, bad credit home loans have surged, The Wall Street Journal reported yesterday, and while economists don’t expect major harm, a continued rise could hurt investors in mortgage-backed securities.
Bad Credit Mortgage Loans
Bad credit mortgage loans also known as sub-prime home loans are offered by select Bad credit mortgage loan lenders are actively seeking out people with Many people with bad credit obtain a bad credit mortgage loan and use this
Bad Credit Mortgage Loans
Bad Credit Mortgage Loans offer home loans as well as credit to businesses and people with bad credit ratings
Wells Fargo Unveils New Bad Credit Mortgage Program
The backlash against the bad credit mortgage loan provider has risen in recent years as the number of borrowers with bad credit grows. Such loans accounted for about 20 percent of the $3.12 trillion market last year.
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Wells Fargo to counsel mortgage borrowers with poor credit
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Mortgage Lenders Warned About Home Loan Losses in Fourth Quarter
Rising risk and shrinking rewards are why H&R Block Inc., KeyCorp, National City Corp. and others are selling or scaling back their subprime, bad credit mortgage lending businesses, which lend to people with weaker credit histories.
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