Taking Control of Fees and Interest on Daily Interest Mortgage Loans

Most consumers don't understand how daily interest mortgage loans work, and may not even know whether they have a daily interest or scheduled payment loan-but the difference can cost them tens or even hundreds of thousands of dollars. Engineering an agreement for a daily interest mortgage to be serviced as a scheduled payment loan during bankruptcy can save your client a significant amount of money, and also eliminate administrative headaches all around. Includes a PowerPoint presentation explaining how daily interest mortgage loans work against borrowers.

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