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Mortgage closing costs are required to close your loan application. The best way to know how much your closing costs will be is to ask for a good faith estimate. This is important because the fees and costs may vary depending upon your particular loan scenario and municipality.Not all closing cos...
Is there really a no closing cost mortgage? What all borrowers need to understand is there are ALWAYS costs associated with a new loan. Most of those costs are generated by your state or local government (recording fees, title insurance, etc). No lender is able to eliminate the need for those cos...
1-10-09 Citigroup's support for a plan to let bankruptcy judges modify the terms of troubled mortgages and help borrowers avoid foreclosure left its banking counterparts on the defensive yesterday, insisting that the plan would do more harm than good. Congressional supporters of the proposed...