While properties crumbled, bankers looked the other way
Story date: 2007-12-23 08:54:00
Added on: 2007-12-23 23:51:16
HamptonRoads.com - It seemed like the perfect opportunity: a home mortgage lender that required no proof of income, wealth or employment from its borrowers. For Cary McEntee and his company, CM Development, Long Beach Mortgage's "no doc" loans made it much easier to ...
Read more...
Related Stories:
-
While properties crumbled, bankers looked the other way (The Virginian-Pilot)
Part II andnbsp; It seemed like the perfect opportunity: a home mortgage lender that required no proof of income, wealth or employment...
2007-12-26 02:03:00 -
When loan is sold to new lender, what are rules? - Chicago Tribune
Q : My mother-in-law's mortgage was sold to another lender. The new lender is asking for PMI, which was not required by...
2008-06-06 01:47:00 -
Bank of America Achieves Top Retail Mortgage Originator Status
Forbes - With No Fee Mortgage PLUS, Bank of America provides customers the opportunity to own a home without paying application fees;...
2007-12-13 11:04:00 -
A Lender Gets Caught in the Currents - New York Times
WALKING across his sun-drenched office overlooking Fifth Avenue and the New York Public Library , Jeffrey M. Peek points to a picture...
2008-05-04 04:57:00 -
Florida Real Estate: Home Acquisition Tips That Will Work For You (Turks.US)
The perfect family requires the perfect home that will serve as their foundation for growth and development. The home should reflect the...
2008-07-02 08:46:37 -
US home woes 'perfect storm' (BBC News)
The US housing and mortgage downturn is now so acute that a fall in home prices is likely, a key lender warns....
2007-09-11 02:43:16 -
With credit tightening, it's back to the basics
Medford Mail Tribune - Also consider whether you will be required to buy private mortgage insurance (PMI), which protects the lender if...
2007-10-07 01:49:00 -
Finding The Perfect Florida Real Estate For You And Your Family (Turks.US)
Florida nowadays has become the perfect place to settle in with the rest of the family. It is blessed with natural surroundings...
2008-12-19 10:03:05