Sponsored Post: Mortgage Lowdown

I was asked today to write about a website that I have visited several times over the past few months. The blog has carried one of the blog carnivals that I follow and participate in. Today though, I will be focused on one of their more specialized sections, mortgage banking.

This section of the Mortgage Lowdown is very informative and seems to stay on top of the banking news quite nicely. For example did you know, that with all the problems recently with sub prime loans that, New Century Financial is no longer mortgage loan applications because some its financial backers have refused to continue financing its loans? Not that I will miss this company, or anything. In fact I would say good riddance to New Century.

As I read through the posts I realized how little I had known about what was going on in the mortgage banking news area. For example the article about New Century was posted on March 14th of this year, and it is now April 21st and I am just learning of what many would call a major development.
I believe this section of the Mortgage Lowdown is an excellent compliment to an already well run site. If I were to give it a rating, I would have to give it a nine out 10. Well worth the read, not just this section, but the entire site.