Your Role in Mortgage Loan Modification

If you’re one of the millions of people struggling to pay your mortgage, you might be worried about facing foreclosure in the near future. However, there are alternatives to foreclosure that can save your home and your family from financial crisis. [...]

Mortgage Brokers in Canada: Their Role to Compare and Get You the Best Mortgage Rates

In a nutshell, a mortgage broker acts as the ‘go-between’ a mortgage borrower (you) and the lender (typically the big Canadian banks).  Mortgage brokers act on your behalf offering their expertise and contacts for free, and receive their commission from the lenders only once a mortgage is arranged.  There may be charges for their services [...]

What role does (PMI) Private mortgage insurance play in the Sub Prime Mortgage disaster?

I thought Private Mortgage Insurance Protects lenders from loans that default?