Thursday, December 30, 2010

Will and Karen Aschinger

Will and Karen just closed on the refinance of their home and two of their investment properties, listen to what they have to say about their experience with Cornerstone Mortgage.


Here is a fascinating data point:
The delay between the first late payment and a foreclosure referral varies widely from state to state. It used to be a good rule of thumb that by the time the 3rd payment was missed, 90 days, foreclosure proceedings were likely to begin. But some states allow take 8, 10 even 12 months to foreclose. LPS Applied Analytics reported this week the average length of time it takes to refer a home to foreclosure.
The five slowest states:

California 367 days
New York 344 days
Maryland 358 days
Florida 307 days
Massachusetts 3XX days

A year to foreclosure is considered by attorneys and analysts to be quite a long time. It strongly implies that the banks and law firms processing these are disorganized and understaffed. While many have been mass producing them, and the backlog is still enormous.

Tuesday, December 28, 2010

Mark and Teresa Schonhoff

Mark and Teresa just refinanced their home with Cornerstone Mortgage, listen to what they have to say about their experience.

Phil Hogan

Phil just purchased a new home and worked with Cornerstone Mortgage on his financing. Listen to what he has to say about his experience.

Wednesday, December 22, 2010

Danny Layton

Danny just purchased a new home and financed his loan with Cornerstone Mortgage, listen to what he has to say about his experience.

Chris and Lisa Miller

Chris and Lisa just closed on the refinance of their home, listen to what they have to say about their experience with Cornerstone Mortgage.

Friday, December 17, 2010

Mike and Leslie Najjar

Mike and Leslie just closed on their refinance with Conrerstone Mortgage. Listen to what they have to say about their experience.

Tuesday, December 7, 2010

Nancy Davis

Nancy just purchased a new home and did the financing through Cornerstone Mortgage. Listen to what she has to say about her experience.

Wednesday, December 1, 2010

Chris and Jill Hollander

Chris and Jill just financed their home with Cornerstone Mortgage. Listent to what they have to say about their experience.

Bev Furqueron

Bev just refinanced her house with Cornerstone Mortgage. Listen to what she has to say about her experience.

Brendan and Susan Moore

Brendan and Susan just purchased a new home and used Cornerstone Mortgage for their financing. Listen to what they have to say about their experience.

Carmelita Barge

Carmelita just purchased a new home and worked with Cornerstone Mortgage for her financing. Listen to what she has to say about her experience.