Prosecutors may have let too much time pass to indict nearly two dozen people arrested three and a half years ago and charged with a massive mortgage fraud scheme at a Southeastern Clarke County subdivision, some defense attorneys say. A real estate …
IRVINE, Calif., Nov. 6 /PRNewswire-FirstCall/ — Impac Mortgage Holdings, Inc. (Pink Sheets: IMPM), a Maryland corporation, or the “Company,” announces the scheduling of a conference call and live webcast on Tuesday, November 10, 2009 at 9:00 a.m. P …
Wells Fargo has decided, at least as it stands, to convert their Pick-A-Pay option ARMs into glorious interest only loans for periods of six to ten years. The fascinating thing about the Fannie Mae initiative and the Wells Fargo program is that …
I wrote my representative about this at the time, and he tried to take this approach. But the powers that be, the greedy sociopaths at the banks, got their way. Our country is ruined as a result. And, yes, Bush and Paulson made the initial proposal …
Mortgage loan modification (home loan modification) is where the lender may lower your mortgage rate, or add any dues to the mortgage balance and extend your loan period. This is to ensure that your monthly payments are reduced.There can also be a …
… customers, closed over $1 Billion in residential mortgage loans and have negotiated with hundreds of lenders. Our team of dedicated staff always has your best interest in mind when negotiating the absolute best terms of the loan modification.
In upscale communities such as Los Altos, Greenbrae and Alamo, where median prices top $1 million, about twice as many households received default notices from January to September as in the same period in 2008, according to recorders’ office data …
In Glendale, Calif., three men and two women were arrested and charged with beating, torturing and robbing two self-styled “mortgage modification specialists” in an attack at a real estate office on Oct. 20. Authorities said the victims, Lamond Dean …
“The Mortgage Professor” is academic, author, and syndicated columnist Jack M. Guttentag, who applies his years of experience as a student of the home loan market to questions about mortgage types, loan providers, refinancing, and more — all in easy …
Remember the bad old days of 11th-hour mortgage-settlement cost shocks and mystery junk-fee charges? Remember when the “good-faith estimates” your lender gave you upfront said closing costs would be about $2,000, but somehow they ballooned to $3,500 …
