Mortgage and Financial News From 2010-3-31 Page 01
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Chicken fingers cook up long-lasting returns - Oconee Enterprise
Townley gave McLeroy a job as a mortgage broker, which was not his cup of tea. “I did that for about a year,” said McLeroy, “but I didn’t enjoy it.” His satisfactory experiences in the restaurant business came back to him. He also thought ...
2010-03-31 05:10:00 -
Good timing could reap double tax credits - San Francisco Chronicle
Sellers might be flexible because it's still a buyer's market, but they may want something in return," says Richard Redmond, a mortgage broker in Larkspur. "If you have a loan locked in with a close date in April and you want to extend it, you may ...
2010-03-31 08:02:00 -
Tighter mortgage rules may lead to more cheating - canada.com
It’s almost like an honour system,” says Peter Kinch, a mortgage broker based in Vancouver under the Dominion Lending Centres umbrella. “It’s not just brokers. I’m shocked by the number of bankers who will say, ‘Let’s call this owner ...
2010-03-29 06:53:00 -
Brokers earning more trust - Times Colonist
At one time the services of mortgage brokers seemed reserved for those who could not get a property loan from their bank, credit union or trust company. And while a broker might find them a loan, he or she usually charged a hefty fee. Today, thanks ...
2010-03-31 08:23:00 -
AIG Settlement Shifts More Responsibility to Wholesale ... - Housing Wire
... African-American consumers who the DOJ claims paid higher broker fees than similarly situated non-Hispanic white borrowers. AIG also agreed to invest at least $1m in consumer financial education. It’s the first case of mortgage loan price ...
2010-03-31 03:44:00 -
Mortgage Brokers Required To Pass National Test - NPR News
To clean-up the mortgage industry, the federal government now requires every mortgage broker to take a test on basic skills and concepts of home lending. It's a requirement whether they've been lending six months or 30 years. Many states, like Oregon ...
2010-03-31 05:22:00 -
Former Oregon mortgage broker sent to prison - kgw.com
PORTLAND, Ore. (AP) -- A former Oregon mortgage broker has been sentenced to two years in federal prison after pleading guilty to identity theft for making false loan applications to buy homes for his girlfriend. Prosecutors said 38-year-old Kamau ...
2010-03-30 01:22:00 -
Mortgage broker receives prison sentence - Portland Business Journal
Kamau Herndon, 38, admitted he submitted three false applications for homes in Milwaukie, Portland and Edmonds, Wash. The loans, which totalled ... Herndon, a former loan officer at Lighthouse Financial Group in Vancouver, Wash., is the son of Ron ...
2010-03-30 01:22:00 -
Division of Mortgage Lending Issues Fines and Takes Enforcement Action in Four ... - RealEstateRama
Division of Mortgage Lending Issues Fines and Takes Enforcement Action in Four ...RealEstateRamaLas Vegas-based mortgage broker Builder’s Capital, Inc., entered into a Stipulated Settlement Agreement with the Division after the Division found that it ...
2010-03-31 01:32:30 -
Mortgage broker jailed for fraud - Newberg Graphic
Mortgage broker jailed for fraudNewberg Graphic... Attorney General John Kroger announced Friday the conviction for fraud of a Salem mortgage broker, whose victims included residents of Yamhill County. ...
2010-03-31 02:00:27 -
Insured dough - San Diego Reader
Insured doughSan Diego ReaderDavid Malcolm, the ex–port commissioner and mortgage broker who served time in state custody after copping a plea to conflict-of-interest charges, ...
2010-03-31 02:29:45 -
Georgia Department of Banking and Finance Enters into a Consent Order with MTB ... - RealEstateRama
Georgia Department of Banking and Finance Enters into a Consent Order with MTB ...RealEstateRamaMTB Mortgage can never apply to the Department for another license to be a mortgage broker or mortgage lender; Olamide Arowolo is prohibited from applying ...
2010-03-31 02:33:41 -
South Florida minister, wife sentenced in drug-tainted mortgage scam - MiamiHerald.com
South Florida minister, wife sentenced in drug-tainted mortgage scamMiamiHerald.comThree other defendants who conspired with the Souffrants -- mortgage broker Yasmin Pottinger and real estate lawyers Tricia-Ann Blair and Beverly ...and more »
2010-03-31 02:57:44 -
Mortgage Rates Improve on ADP Data. Lose Gains as Fed Exits MBS Market - MortgageNewsDaily.com
Mortgage Rates Improve on ADP Data. Lose Gains as Fed Exits MBS MarketMortgageNewsDaily.comLose Gains as Fed Exits MBS Market by Victor Burek - Early morning weakness in the bond market yesterday forced lenders to move mortgage rates slightly ...and more »
2010-03-31 03:25:35 -
Stocks fall after disappointing ADP jobs report - DailyFinance
Stocks fall after disappointing ADP jobs reportDailyFinanceAsk your senator or congressman who is responsible for investigating abuses of the program by the mortgage companies, or who is looking into why so many ...
2010-03-31 03:38:56