Tag Archives: mortgage loan applications

Get Your Loan Online

SAN CLEMENTE, Calif., Sept 29, 2008 /PRNewswire via COMTEX/ — The Loan Officer has met his end. For the first time in history, online mortgage applications have surpassed traditional mortgage loan applications. The shift from traditional over the phone or … Continue reading

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Refis Up

From Inman News: Mortgage loan applications were up a seasonally adjusted 33.4 percent from a week ago for the week ending Sept. 12, the Mortgage Bankers Association said, driven by an 88.1 percent surge in refinance applications. An index tracking … Continue reading

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Mortgage Fraud

From the Chicago Tribune: A Yorkville woman was arrested Thursday on charges of coercing her mortgage clients to falsify their loan applications, authorities said. Kelli Wilson, owner of Investors Choice Mortgage Corp. in Plainfield, was charged Thursday with two counts … Continue reading

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Minnesota Mortgage Fraud

From the Star Tribune: Two men have been sentenced for their role in a six-person mortgage brokerage operation that stole more than $2.3 million from local banks, according to the U.S. attorney’s office for Minnesota. On Wednesday, U.S. District Judge … Continue reading

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Should The Government Bail Out Those Who Lied?

What about home owners who told fibs on their mortgage loan applications? Why should the average tax payer bail them out? What about those who’ve missed a ton of payments? Those with terrible credit scores? The irresponsible? Why is the … Continue reading

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