Information for "mortgage"

Good habits can soften blow of unemployment

ORLANDO, Fla. – During his 25 years as a boat builder, Tim Parker had done everything right financially: contributing to his 401(k) retirement plan, paying off his mortgage and credit-card debt, living on a tight budget and saving money for a rainy day. View full post on All Stories

Debt Free Diet: A Guide to Your Financial Health

Product DescriptionThe Debt Free Diet is a proven system that will help you get rid of your debt quickly and forever, without sacrificing the things you love. Even if your credit cards are maxed, you can be debt free in about five to eight years-including your mortgage! What is even better is that you can [...]

Understanding Refinancing: Everything You Wanted to Know About Refinancing

Product DescriptionMany people are hesitant about the process of refinancing their mortgages because they know very little about the process, the terms used in the process or the options that are open to them today as they attempt to refinance their homes. As we know, there are many different mortgage packages available in the market [...]

HUD investigates lenders’ fair-housing practices

Federal officials launched an investigation Wednesday to determine whether 22 mortgage lenders have been discriminating against qualified African-American and Latino borrowers by denying them government-insured loans. View full post on All Stories

5-Year Sentence for Bank LO Who Modified Loans

A former loan officer at First Security Trust & Savings Bank admitted that he manually modified mortgage loans without his employer’s knowledge. His actions ended up costing the Illinois bank more than $5 million. He was sentenced to 63 months in prison. View full post on All Stories

Cedar Shopping Centers Closes $65.2 Million of Mortgage Loans on Six Shopping Center Properties

PORT WASHINGTON, N.Y., Nov. 29, 2010 /PRNewswire-FirstCall/ — Cedar Shopping Centers, Inc. (NYSE: CDR) (“Cedar”) today announced that it has closed on 10-year fixed-rate first mortgage financing on six primarily supermarket-anchored properties purchased in October of this year on behalf of the join View full post on All Stories

Need Cash For Home Improvements Debt Consolidation Try a Home Equity Loan

Home equity loans gives borrowers the opportunity to fulfill their dreams by being granted a loan even if they are struggling to get high credit standing. Buying a home is a huge investment that is generally financed by a first mortgage. The need for a second mortgage generally arises when one is forced to spend [...]

Fitch Downgrades Citigroup Commercial Mortgage Trust series 2006-C4

CHICAGO–(BUSINESS WIRE)–Fitch Ratings downgrades 14 classes of Citigroup Commercial Mortgage Trust series 2006-C4, commercial mortgage pass-through certificates, due to further deterioration of performance primarily due to increased losses on the specially serviced loans. A detailed list of rating actions follows at the end of this release. The downgrades reflect an increase in Fitch modeled losses [...]

Hard-Money Lender Loses Lawsuits, Halts Business

Diversified Financial and its owner have skirted residential mortgage requirements and disclosures by writing up loans as “commercial.” But a Pierce County, Wash., judge pro tem determined that the lender misrepresented a residential loan as commercial and ordered a payment to the borrower of $211,538. A judge in another county ruled that the lender’s actions [...]

Zero Interest Mortgages for Home Buyers and Foreclosures

LANCASTER, Pa., Nov. 13, 2010 /PRNewswire/ — As the economy continues to weaken, first time home buyers and people facing foreclosure have a hard time finding a mortgage. To assist people, a new public service is now available from Community Clearinghouse Agency Inc. of Lancaster, Pa. Their soluti View full post on All Stories

Remortgage Loans – the Advantages With Remortgage

Most of the people around the world are having so much knowledge about this Remortgage of loans in these days.From the past few years, it has been observed that so many people are losing their white colored jobs. And the recession rate is going high and so many people are unable to get right job [...]

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