1). A Cooling Real Estate Market and Investing in Pre-foreclosures By : John Appleseed
With the housing market cooling and demand for mortgage loans shrinking, banks and other lenders are turning to nontraditional and sometimes riskier mortgages to bring in additional business and make up their dropped off business.
Many lenders have turned to mortgage products designed to lower monthly loan payments and to help borrowers qualify more readily for larger loan amounts, while others require little in the way of documentation during the approval process.
Article Related to: pre foreclosures listings, real estate investing, preforeclosures
