Mortgage House -

Mortgage House Direct is a subsidiary of Mortgage House of Australia offering financial products and services within the mortgage industry. Mortgage House is a 100% Australian owned company and a full member of the MFAA. Mortgage House Direct provides a fully integrated mortgage management service to its clients and to broker intermediaries offering a comprehensive, innovative and practical range of market leading home loan products supported by cutting edge technology. Mortgage House together with software developer Forevision Pty Ltd has made revolutionary mortgage processing software called EMMS (E-process Mortgage Management Logic) that keeps you and your customers constantly up to date throughout the loan approval process via email, SMS and on paper correspondence enabling manner of speaking of incredibly quick loan settlements. This outstanding software combined with the innovative product range is testimony to the serious stanchness to the market of Mortgage House Direct

Loan Modification Buzz Interviews Mortgage Executive

Mortgage Industry Executive Scott Hess, sat down with Loan Modification Buzz for an fascinating perspective regarding the foreclosure crisis. Hess noted that “There were nearly 1 million loan modifications reported from the mortgage lenders in 2008 and 2 to 3 million mortgage modifications projected for 2009.” He believes there is reason for growing concerns with the vast number of mortgages scheduled to reset with higher flexible rates and tough payment options loans that feature unenthusiastic amortizations offering new loss mitigation challenges for lenders like Countrywide, WAMU, Chase and Wachovia.