Peter Boutell, Lending a Hand: How mortgage originators get paid

Story date: 2007-10-21 04:53:00
Added on: 2007-10-21 07:00:18

Santa Cruz Sentinel - The lower the points, the higher the rates. Some news articles have mistakenly reported that mortgage brokers get paid more for originating loans that have prepayment penalties or interest-only options. Actually, mortgages that have the interest-only ...


Read more...

Related Stories:

• Consider prepaying your mortgage (Sun-Sentinel)

  But strategy won't work for everybody Much attention is being paid to homeowners who can't afford their mortgage payment....
  2007-09-17 05:33:24

• The 12 Most Overlooked Tax Deductions

  Forbes - ... taxpayers who take a standard deduction and assume additional tax breaks only ... Student loan interest paid by...
  2008-01-22 01:34:00

• Appraisal scam could hike your taxes (Ledger-Sentinel)

  If you’ve already paid your mortgage off, or were smart enough to get a fixed term home loan instead of an adjustable...
  2007-11-19 08:31:53

• Use these tips to cast off the chains of debt in 2008

  Orlando Sentinel - Create a chart listing all your creditors and current debt. Determine which debt needs to be paid off first,...
  2008-01-06 01:03:00

• Investors can benefit from weak dollar (Sun-Sentinel)

  Supermodel Gisele Bundchen grabbed headlines recently when she reportedly demanded to be paid in euros instead of dollars. Her spokesman later denied...
  2007-11-26 12:10:57

• Pastor made $7,500 a month as West Palm church failed (Sun-Sentinel)

  Westgate Tabernacle Church is trying to determine if money paid to a former minister forced the congregation into financial ruin. ...
  2008-02-15 04:16:09

• Weak Dollar Could Be Your Big Chance

  Hartford Courant - The money market account doesn't pay interest on balances under $10,000. CD rates depend on the currency and term....
  2007-11-27 06:01:00

• Ex-Sentinel Execs: Fraud Suit Baseless

  CNBC - ... Blooms and former Sentinel head trader Charles Mosley in October, accusing them of committing "a long-term, massive fraud...
  2007-12-05 02:27:00