It seems people have borrowed so much, that there is very little room for an investor to make much.

Hi well I see your very knowledable in the mortgage field, you are aware of the My Community program well it is designed for borrowers with less then $60,000 a year in income, however I would need to see your credit report to be 100% positive it would work.

I network with R.E. professionals regularly, so if I can be of any assistance to you with your business, please let me know.Wishing Success!

I can assist you with a second opinion if desired...Regards,Scott Miller

*************************************************************HUD No. 04-037Lemar Wooley (202) 708-0685www.hud.gov/news For ReleaseWednesday April 14, 2004 HUD RAISES FINES FOR LENDERS WHO FAIL TO ASSIST TROUBLED BORROWERSWASHINGTON - The Department of Housing and Urban Development today published a proposed rule that would triple the amount of damages HUD can seek against a FHA lender that fails to engage in loss mitigation techniques.

Also, if anyone can provide information as to lenders, real estate agents or web sites that may assist us, that as well would be great.

As another person stated, there's just not enough information about the scenario and the individual needs of the borrower to determine if an interest only loan is appropriate.There is no restriction on an interest only loan preventing a borrower from making principal reduction payments.

I was lucky that I worked as an assistant to an REO Broker for many years prior.

If anybody could assist me in obtaining finance, it would be appreciated.

Hey BP! I hope all is well. I am starting my first "Yellow Letter" campaign in a couple weeks and I would like to get your opinion on my YL content and any other helpful tips. I have targeted absentee owners and wi...