Acorn Mortgage

Acorn Mortgage
October 21, 2010

Honey, I Shrunk The Mortgage Interest Deduction Plan 1

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Filed under : Mortgage Broker Guide

Honey, I Shrunk The Mortgage Interest Deduction Plan 1
The political landscape this year has been nothing but ugly. It promises to come to full boil with the proposed tax reform eliminating or reducing the mortgage interest deduction.
Tax Reform or Raising Taxes
There is an old saying about the two political parties. Democrats raise taxes [...]


July 29, 2010

An Introduction to Mortgage Backed Securities

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Filed under : Mortgage Broker Guide

What Are Mortgage Backed Securities?
Mortgage backed securities are securities that are backed by the principle and interest payments on a group of mortgage loans. Lenders group together mortgages and the money that is repaid by the borrowers’ pays investors in the mortgage backed securities.
Why Do Mortgage Lenders Issue Mortgage Backed Securities?
There are a variety of [...]