Mortgage Moments Vol 6. Here I explain what recasting is. While caps can jump up and cause a Big Bang, recasting is a downright explosion. However, recasting is easy to track. A proper mortgage monitoring system will alert you and tell you almost exactly when that will occur as I explain in this video. Don't get caught on top of this land mine.
J Michael Seely conducts live seminars and webinars on "Demystifying Mortgage Loans"
His goal is to put you in charge of your most important financial asset...your real estate and the mortgage that supports your real estate. Learn how to save thousands when obtaining a loan and 10s of thousands over the life of a loan.
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Friday, August 17, 2007
ReCasting can cause an explosion!
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