Josh Plummer, my favorite guy at Flagstar Bank, does a great job of keeping me up on the latest in the world of mortgages. He does it without making me yawn, which is a compliment, of course. Plummer recently put me on notice about a change in the law that makes PMI (Private Mortgage Insurance) tax deductible. Read the full details on JoshPlummer.com.
and…
A while back we sent Josh the following question, which is something we received from a reader of miOaklandCounty.com:
“Our mortgage bank just sent a letter that they will give us a refi loan with no fees and no closing costs Is that really possible, or am I just paying through a higher interest rate or something Isn’t there “no such thing as a free lunch?”
If you want to know more about “free mortgages” head over and visit Josh.
and…
Brian Brass, from Guaranteed Rate in Southfield just popped on to my radar recently. Brian does a great job of outlining mortgage fraud schemes. When I wrote about mortgage fraud yesterday I decided not to go into the typical schemes because I didn’t want to give anyone any ideas. But honest people need to know what to look for, right?
Technorati Tags: mortgage fraud, free mortgages, private mortgage insurance, pmi
Written by Maureen Francis
SKBK Sotheby's International Realty, 248.430.4450
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{ 1 comment… read it below or add one }
Joshua Plummer 02.03.07 at 12:15 am
HI Maureen…thank you for the link love…I’ll be catching up on what is going on in oakland county this weekend and linking back of course….and no I’m not ignoring you…