23rd
Nov
2011

Mortgage Direct Inc. is a Company Led by President Gus Dahleh

Posted by Admin

The recession we are currently laboring through is one of the worst that has been seen in the United States in decades. It is the result of a lot of bad decisions in the marketplace or at the governmental level, depending on who you have analyzing the issue. What matters to the average consumer is not who is at fault, but how it will effect them and how they can work through it. The recession has resulted in lower wages and rising costs of goods, but the worst effect has been the foreclosure rate that has everyone scared. Foreclosure rates have skyrockets over the last couple of years and this has lots of people scared of losing their homes. People are, understandably, scared of losing their homes.

Foreclosure occurs when someone, be it an individual or a family, cannot make the mortgage payments on their home or property. The foreclosure is the act of having that property repossessed. A mortgage is, in laymen terms, just a loan that is given to a family or individual with the understanding that the property or house serves as a sort of collateral. This means that if mortgage payments are not made on time, then one could be risking their property or home in the process. This is not a risk many people want to take, but it is a risk that many people have increasingly had to look to for financial help.

Mortgage Direct Inc. is a company led by President Gus Dahleh that offers to help solve mortgaging issues for families and individuals in need.