This Mortgage Broker Spells T-r-o-u-b-l-e

Q: I went through a mortgage broker when I purchased my house. I just closed on July 30. A week after I closed, I received a letter stating that the company that they sold my loan to went out of business. My mortgage broker asked me to send my first payment to them while they [...]

Lender Tricked Her Into PMI

Question: I have been tricked into refinancing to a new loan that has PMI.  My loan prior to refinancing did not carry a PMI but I had two loans, a first loan w/ 80% and the second loan w/ 20%.  I decided to refinance to combine two loans into one. My mortgage broker told me [...]