Interest rates continued their slow but steady decent during the week ended December 31 according to results of the Primary Mortgage Market Survey released by Freddie Mac Wednesday morning. The 30-year fixed-rate mortgage (FRM) hit yet another historic…(read more)
Original post by Jann Swanson
Weekly mortgage applications in the United States were flat in the week ending Dec. 26, according to data released from the Mortgage Bankers' Association (MBA) on Wednesday. In the previous week, applications rose by 48.0%. The portion of fixed-rate…(read more)
Original post by Mortgage News Daily
Treasury Secretary Henry Paulson said the government has had to face the current financial crisis without all the means to do so effectively, the Financial Times reported on Tuesday. "We're dealing with something that is really historic and we…(read more)
Original post by Mortgage News Daily
Buying a home is stimulating and overwhelming all together. There is no doubt that you will be faced with different decisions and from time to time, you will be at the risk to make an error. It is a…
Original post by default@goarticles.com (Prosperit⾆)
Antony Dehaney, 56, Lauderhill and Coral Springs, Florida was sentenced at the Federal Courthouse in Fort Lauderdale, Florida before United States District Court Judge William P. Dimitrouleas to one count of Conspiracy to Commit Mail Fraud and Wire Fraud, in violation of Title 18, United States Code, Section 371, one count of mail fraud in violation of Title 18, United States Code, Section 1341, and one count of Bankruptcy Fraud in violation of Title 18, …
Original post by default@goarticles.com (Brigitta Schwulst)
Gohar J. Mirza, 29, Annandale, Virginia, was sentenced today to 63 months in prison, followed by a term of three years supervised release, and ordered to pay more than $3,000,000 in restitution. Mirza pled guilty on September 23, 2008 to conspiring to commit mail and wire fraud in connection with a mortgage fraud scheme.
According to court documents, Mirza was an owner and operator of E-Star Lending, Inc., a mortgage …
Original post by default@goarticles.com (Brigitta Schwulst)