Mike Kitchen's (mkitchen02) Blog

By Mike Kitchen, Mortgage Broker    Heartland Home Mortgage  St. Peters, MO - Subprime mortgages have now been credited for bankrupting well over 110 lenders and seriously damaging operations at many major mortgage firms. They've reportedly wiped out 5 hedge funds, tens of thousands of jobs, and ...

U.S. Employers Rate "Retention" As the Top Benefits Objective According to the recent fifth annual MetLife study of Employee Benefits Trends, employee retention is the top benefits objective among employers, edging out controlling costs for the first time since the study's inception. Employee ret...

Subprime Changes the Lending LandscapeThe effects of the subprime crisis are becoming clearer with each passing day. According to the Wall Street Journal, tightening guidelines and fewer available products are creating challenges for borrowers with credit issues. If you're thinking about taking o...

Protecting Your Credit During DivorceBy Mike KitchenHeartland Funding Corp.   St. Peters, MO  - When a marriage ends in divorce, the lives of those involved are changed forever. During this time of upheaval, one thing that shouldn't have to change is the credit status you've worked so hard to ach...

Should You Leverage Your Home orPay It Down Rapidly?  By Mike Kitchen, Branch ManagerHeartland Funding Corp.   St. Peters, MO - There is a great debate within the inner-mortgage circles these days. Should we, as loan professionals, encourage clients to borrow as much money as possible? Or would c...