Controversy is swirling over plans in California to assist poor credit mortgage lenders. This state has been hit particularly hard by the housing crisis and many poor credit mortgage lenders have already gone out of business after foreclosure rates skyrocketed and loans defaulted. Many are upset over this decision and although nothing is concrete as […]
A simple guide to Poor Credit Mortgages
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Poor Credit Mortgages Now a Reality for Many Consumers
Posted on August 8th, 2008 by Bright Light
Although poor credit mortgages are now largely unavailable, it appears that more people than ever need them. The housing crisis has affected many and credit scores have fallen rapidly for many consumers. This has put them into the category of poor credit mortgage seekers, leaving them with few options when it comes time to get […]
No Changes Expected in Poor Credit Mortgage Markets
Posted on August 1st, 2008 by Bright Light
Although there was hope that this summer would change things in the poor credit mortgage market, so far things look as bad as ever. More poor credit mortgages are going into default and consumers are struggling to make ends meet. Add in higher energy costs and the poor credit mortgage market could take years to […]
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