Amazing what is happening in the mortgage industry when yesterday I received a notice from Countrywide freezing/cancelling my Home Equity Line of Credit due to "declining market".  I though it was funny and laughed.  But after a good night's rest, it concerns me.  If they cancel my line which is ...
The lawsuit article in Star Tribune today alleges CitiMortgage used "negligent and improvident lendig practices" to finance the purchase last March.  The neighborhood wants to buy the house for a redevelopment project but said it can't get a response...
My client has 4,000 SF ranch style, 4 bedroom, 2 1/4 bath, 4 car garage, pool, woods to back yard.  No master bath.  To buy what they want would be more money, double the real estate tax and $350/month in association dues.  Problem: current house is already top value in neighborhood.Remodel optio...

Joyce Windschitl Hercules

MN, FL, WI & CO Mortgage Consultant
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