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 …
THE Government has declared war on sub-prime lenders calling time on families struggling to meet their mortgage payments. Two-thirds of families facing repossession orders are being driven from their homes by specialist lenders. The Government is …
PLANO, Texas —-Shontaye Edwards spends her day in a gray cubicle at a Bank of America call center in this Dallas suburb. On the other end of the phone line are homeowners —- tense, exasperated and looking for help. They often call with questions …
I know how you feel. Based on detailed scientific observations over a number of years, I know that washing my car causes rain. The link between the two events seems irrefutable to me. Similarly, the link between a need to modify your mortgage and …
Fake payslip websites that make it startlingly simple for borrowers to commit mortgage fraud are flourishing despite a supposed crackdown on lax lending. Dozens of websites, which are easy to find via a quick trawl on internet search engines, offer …
View Full Image Tom Bloom The new law extends the tax credit for first-time home … Higher rates will affect your monthly mortgage payments, thus the affordability of the house you are buying. “It’s pretty universally accepted that rates will be …
All it took was a few clicks of the mouse and a payment of £35 for an Observer reporter to obtain a counterfeit payslip over the internet which would allow her to commit mortgage fraud worth hundreds of thousands of pounds. Dozens of websites are …
Mark Strodtman is on trial for 11 counts of forgery, 11 counts of theft and one count of racketeering for a series of homes sales from 2004-07. The theft and forgery counts are specific to 11 home sales from 2005-06, in which Strodtman is accused of …
The Federal Housing Administration’s financial cushion has fallen to a dangerously low level, but government officials maintain the agency should avoid a taxpayer bailout under “most economic scenarios.” The agency, a major source of funds for first …
I know how you feel. Based on detailed scientific observations over a number of years, I know that washing my car causes rain. The link between the two events seems irrefutable to me. Similarly, the link between a need to modify your mortgage and …
