Arbor Closes $1.4M Loan For Hyde Park Apartments
A 16-unit complex known as Pyramid Apartments in Hyde Park has received a $1.4 million Fannie Mae loan from Arbor Commercial Funding, a subsidiary of Arbor Commercial Mortgage LLC of Uniondale, N.Y.
Theresa Simiriotis Joins HomeBanc as Mortgage Loan Officer
TAMPA, FL–(Marketwire – 03/08/10) – Tampa-based HomeBancorp, Inc. has named Theresa Simiriotis as Mortgage Loan Officer for HomeBanc. She is based in HomeBanc’s Tampa office located at Dale Mabry and I-275. Ms. Simiriotis brings to HomeBanc 28 years of mortgage banking experience. She has a Bachelor’s degree from the University of Texas. Ms. Simiriotis can be reached at (813) 549-4663 or …
Lloyds Banking Group to Double Mortgage Overpayments
From 13th March, Lloyds Banking Group, the leading UK mortgage lender, will launch a new scheme that will allow all customers with a variable rate mortgage to overpay their mortgages by up to 20% with no financial penalty.
Mortgage Rates Remain Below 5 Percent
Rates on 30-year fixed mortgages fall to 4.95 percent, weeks before Fed exit Mortgage – United States – Business – Financial Services – Connecticut
Home loan demand nudge higher in latest week
U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Mortgage troubles, even after losing in foreclosure
Local experts say foreclosures have displaced nearly 90,000 Minnesotans from their homes since 2005, and more people will likely go through foreclosure this year. Those who lose their homes might be surprised that some of their mortgage debt may linger even after the home is lost.
Owner of Legacy Lending pleads guilty in $20 million mortgage scam
On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.
Second concessionary loan to help people manage mortgage obligations
SINGAPORE: Senior Minister of State for the Ministry of National Development & Ministry of Education Grace Fu said the recent announcement to extend a second loan to more HDB flat buyers is to help manage their mortgage obligations and not to encourage property speculation.
Owner of Legacy Lending pleads guilty in $20 million mortgage scam
On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.
Second concessionary loan to help people manage mortgage obligations
SINGAPORE: Senior Minister of State for the Ministry of National Development & Ministry of Education Grace Fu said the recent announcement to extend a second loan to more HDB flat buyers is to help manage their mortgage obligations and not to encourage property speculation.
CMBS loan losses expected to deepen this year
Loan losses connected to commercial mortgage-backed securities may grow in 2010, according to a report by Trepp. According to the real estate tracking firm’s analysis, the $33.
A home equity loan means borrowing money from a bank against the equity that you currently have in your home. The equity is the value of your home minus the amount of the mortgage that you have.
TCW Returns to Mortgage Bonds It Sold After Declines (Update1)
TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.
OCBC ups lending rate to 5.80pc
OCBC Bank (Malaysia) Bhd and its subsidiary, OCBC Al-Amin Bank Bhd, will increase their base lending rate (BLR) and base financing rate (BFR) to 5.80 per cent effective tomorrow. Their previous BLR and BFR were 5.55 per cent per annum. The bank said the increase followed the upward revision of Bank Negara’s Overnight Policy Rate (OPR) last Thursday. The central bank raised the OPR by 25 basis …
TCW Returns to Mortgage Bonds It Was Selling After Prices Fall
March 9 (Bloomberg) — TCW Group Inc., the fund manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it was rushing to sell early this year.
TCW Returns to Mortgage Bonds It Sold After Declines (Update1)
TCW Group Inc., the money manager whose staff was shaken up as it fired its chief investment officer in December, has become a buyer of the types of government-backed mortgage securities it rushed to sell earlier this year.
Owner of Legacy Lending pleads guilty in $20 million mortgage scam
On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.
Second concessionary loan to help people manage mortgage obligations
SINGAPORE: Senior Minister of State for the Ministry of National Development & Ministry of Education Grace Fu said the recent announcement to extend a second loan to more HDB flat buyers is to help manage their mortgage obligations and not to encourage property speculation.
Trying to Save a Home From Foreclosure Can be Scary and Costly; New Loan Modification Software Eases the Pain
A loan modification arrangement can be the best approaches for saving a home from foreclosure. By adopting an early hands-on strategy and working with the bank or mortgage company, homeowners can often have their monthly payment adjusted. Our new loan modification software enables the homeowner to create bank ready loan documents for a fraction of the cost. (PRWeb Mar 10, 2010) Read the full …
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) — Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Can’t make your mortgage? Get an emergency loan
The jobless may not be getting much help from President Obama’s loan modification program, but those in Pennsylvania have another place to turn.
