Latest news about Mortgage Lender
Changes likely coming for reverse mortgages (The Charlotte Observer)
Q. This comment is in regards to your recent column about reverse mortgages. You told your readers that they can take between 50 percent to 70 percent of their equity in cash from a mortgage lender and that the money doesn't need to be paid back.
4 Jul 2009, 8:42 am | click here for more
Money Talk: Keep after your lender (Stars and Stripes)
Dear Liz: I’m in a potentially bad situation with my home equity line of credit. I’m trying to refinance my primary mortgage and would keep nearly $150 a month. But the HELOC lender is dragging its feet on agreeing to a subordination. If the lender doesn’t agree, I lose the deal.
4 Jul 2009, 4:36 pm | click here for more
Help for Those Struggling To Pay the Mortgage (Washington Post)
If you can't afford your monthly mortgage payment and you can't refinance, a loan modification may keep you in your home.
4 Jul 2009, 12:50 pm | click here for more
Shop Around for That Refinance, but Don't Delay (Washington Post)
Q: I am shopping to refinance my condominium mortgage of about $400,000. The outstanding loan balance is $160,000, and my credit is stellar. In order to refinance with my current lender, they want $2,200 in closing costs. I just financed with this lender three years ago, and there seems to be no special benefit for refinancing with them again. I don't understand why they wouldn't want to keep a ...
4 Jul 2009, 12:00 am | click here for more
FSA bans broker for fraudulent mortgage application (Money Marketing Online)
The FSA has banned Hornchurch-based mortgage broker Abdul Karim for submitting a mortgage application for himself that was based on untrue information about his income. ...
3 Jul 2009, 7:21 am | click here for more
United States Settles False Claims Act Allegations Against National Home Builder and Mortgage Lender (Kansas City InfoZine)
Beazer Homes, which is headquartered in Atlanta, operates in at least 21 states.
3 Jul 2009, 6:02 am | click here for more
Security One Lending, a Leading Reverse Mortgage Lender, Acquires OMNI Reverse (Business Wire via Yahoo! Finance)
SAN DIEGO----Security One Lending has acquired OMNI Reverse in a stock transaction, pending State and Regulatory approvals. The combination of the two organizations will bring together "best of breed" origination forces, mortgage banking expertise, and marketing and fulfillment systems.
3 Jul 2009, 2:12 pm | click here for more
Local mortgage broker gets national post (Corpus Christi Caller-Times)
CORPUS CHRISTI — Pair, the president of Mortgage Associates-Corpus Christi, recently was elected president of the National Association of Mortgage Brokers. He will be influential in legislation that might impact the Coastal Bend as well as the relax of the country.
3 Jul 2009, 12:35 pm | click here for more
Great new deals from mortgage lenders (Times Online)
Determined housebuilders are so intent on finding buyers that one is turning lender to offer customers a 100 per cent mortgage.
2 Jul 2009, 12:11 pm | click here for more
United States Settles False Claims Act Allegations Against National Home Builder and Mortgage Lender (PR Newswire via Yahoo! News)
Beazer Homes USA Inc. has agreed to pay the United States $5 million, plus contingent payments of up to $48 million to be shared with victimized private homeowners, to resolve allegations that it, and Beazer Mortgage Corp., were involved in fraudulent mortgage origination activities in connection with federally insured mortgages, the Justice Department announced today. Beazer Homes, which is ...
1 Jul 2009, 4:00 pm | click here for more
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