Archive for April, 2008

The Pensions Crisis: Is a Reverse Mortgage the Answer?

Wednesday, April 30th, 2008

There is a crisis in the pensions system. Many seniors are reaching the age when they should be retiring but are shocked to find that they just won’t have enough to live on. Many have to find altern…

Original post by default@goarticles.com (Paul Elms)

Fraudulent Deed Scheme Equals Prison

Wednesday, April 30th, 2008

Silvestre Cortez, 45, Fontana, California, was sentenced to a felony charge connected to a fraudulent real estate deed. Cortez appeared in San Bernardino County Fontana Superior Court and was sentenced to sixteen (16) months in prison for forgery as part of a plea agreement.  He will be placed on parole for approximately 3-4 years when released from custody.  Additionally, Cortez was ordered to pay restitution in the amount of $5,000 to the San …

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Original post by default@goarticles.com (Unknown)

Unlicensend Loan Officer Sentenced to 15 Months

Wednesday, April 30th, 2008

Sennett H. Swift, 26, Sacramento, California, was sentenced by United States District Judge Lawrence K. Karlton to 15 months in prison. Swift pleaded guilty on January 15, 2008, to felony counts of bank fraud and money laundering.

As previously reported by Mortgage Fraud Blog, Swift admitted that he defrauded two homeowners and the corresponding lenders by fraudulently refinancing the two homes. The purpose of Swift‘s fraud was to …

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Original post by default@goarticles.com (Unknown)

Inflation Fears Cast Shadow on Mortgage Rates and Applications Decline

Wednesday, April 30th, 2008

Fears of inflation pushed mortgage rates higher
according to the results of Freddie Mac’s Primary Mortgage Market Survey
for the week ended April 24.

The Survey reported that the 30-year fixed-rate mortgage (FRM)
averaged 6.03 percent with 0.3 point compared to 5.88 percent with 0.4
point the week before.

Mortgage application volume was…

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Original post by Darin

Zillow, Always Creative, Puts a New Twist on Mortgage Lead Generation

Wednesday, April 30th, 2008

Zillow has just inaugurated another aspect to its
real estate services portfolio.

Now Zillow has turned the lead generation industry on its
head.

Calling its service the Zillow Mortgage Marketplace,
Zillow offers borrowers the opportunity to receive multiple free quotes
without submitting sensitive financial information on the site and for
lenders to receive leads for free.

Here is how it works…

Read More Now

Original post by Darin

Mortgage Refinance Loan - The Facts And The Figures Explained

Wednesday, April 30th, 2008

A mortgage loan is a loan secured by real property through the use of a mortgage (a legal instrument). Mortgage loans are generally structured as long-term loans, the periodic payments for wh…

Original post by default@goarticles.com (Steven James)

The Energy Efficient Mortgage

Wednesday, April 30th, 2008

While you explore the refinancing options available to you, you might want to consider borrowing more than the amount needed to pay off your existing mortgage. You can use the extra money to make ener…

Original post by default@goarticles.com (Joshua Suffie)

Steel Stocks: Still Sturdy

Tuesday, April 29th, 2008

S&P likes the group’s strong share-price performance and favorable fundamental outlook. Among its top picks: Allegheny Technologies

Original post by Anthony

Recovery? Not for These Stocks

Tuesday, April 29th, 2008

Not all stocks in battered sectors will bounce back in a second-half economic upturn. Here are some that could be left behind

Original post by Anthony

Bad Credit Mortgage Loans within Minutes

Tuesday, April 29th, 2008

Bad credit mortgage loans can be issued to you within minutes, especially, for those who are desperately in need of one. Access to various types of bad credit mortgage loans are within your reach. O…

Original post by default@goarticles.com (Eloise Evans)