I’m experimenting with a new service called RSS Hugger.

I’m still kicking the tires and trying it out and would LOVE to hear from you if you’ve had any kind of experience with it.

Will certainty be back with an update once I have more time to work with it.

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Used to help break up a single percent (1%). A basis point is one-hundredths of a percent (.01 percent).

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A written document that shows that a mortgage has been transferred (usually sold) from one mortgagee (usually a lender) to another mortgagee.

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Must be approved by the lender. The buyer agrees to assume all responsibility for the mortgage. Almost always the seller is released from any obligation for the mortgage.

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Assumption, assume, assuming. When a homebuyer assumes responsibility for the home owner’s existing mortgage. Not all mortgages are assumable.

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