A family friend has bought his house for around 130,000 around 10 years ago. The current home value is 44,000 and he has to pay around $900 in mortgage payments. Is there any way to lower, or even stop, the payments altogether? What is the best solution for this dilemma? the best thing he can [...]

If my regular day to day bank is though TD Canada Trust but my Mortgage is with Scotia Bank do I have to call someone to request doubling up on payment etc. go here: scotiabank.com register your account. it will take you through the steps to pay your mortgage online electronically via your regular bank. [...]

how do banks receive and record your mortgage payments? do they type it by hand? do they use a machine do to scan and record it automatically? Ricky On a regular payment it is automatic. If you just send in a check without a payment ticket a manual ticket is made and processed. It is [...]

They were refinancing with this company and during the procress of the refi- the company went down. The mortgage lender adviced them to not pay their payments until after the refi-. when the company went down my parents got notified and they were already 60 days left what can they do? Call the bank, make [...]

I am a relatively new homeowner. I signed up for 2x monthly mortgage payments to be deducted from my checking account. I was surprised on my notice to see they are holding the payment for the 15th as "unapplied" until the 1st of the month. My question is as follows… 1. Can I call up [...]

Also would we be responsible for any missed mortgage payments? A Minimum of 3-4 months you have several options at this point you need to decide if you want the house or not!! If you do not want to keep it you can choose one of the following options: 1. Short Sale – sell the [...]

Lost job in the begining of May. Paid May mortgage payment, but only a fraction of June’s. It is now July 21. Can the bank foreclose already? I just sent $600 but still owe $1,000 of June’s mortgage. Depends on your state, but here in California, once you are 30 days behind, the lender can [...]

They have confirmed it has been used for this now:- The couple’s spokesman Clarence Mitchell confirmed part of the donations, which flooded in from in the immediate aftermath of Madeleine’s disappearance, had been used to help with mortgage payments. Why am i not surprised ? So basically Team McCann lied when they insisted weeks ago [...]

It is looking increasingly like none of us will get a pension in years to come, so I have been toying with the idea of buying to let for some time. However, even the cheaper houses, reposessions and buying at auction cost so much now that any feasible rents wouldn’t cover the mortgage payments. So, [...]

I lost my job because I have been in and out of the hospital and it has been very hard to find a steady job and I am behind on my mortgage payments now and I need some help. I am a single mother of two and I do not want to lose my home. [...]