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Tag Archives: mortgage group
Home Purchase Applications At Lowest Level Since 2000
Refinances are booming as rates have dropped the past five weeks, defying expectations, but there’s little demand for new home purchases. Too many people are unemployed or under-employed to be handle a mortgage or to move up in their home … Continue reading
Posted in Banks, Foreclosure, mortgage, Rates, Refinance
Tagged mac report, mortgage bankers, mortgage group, mortgage interest rates, ominous sign, purchase applications
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VA Loans Gain In Popularity
From Bankrate: Shoved aside by the hot mortgage products of recent years, Veterans Affairs mortgage loans are making a comeback and are a viable financing alternative for veterans looking to secure an attractive fixed-rate loan with little or no money … Continue reading
Posted in VA
Tagged fixed rate loan, interest rate reduction, loan entitlement, mortgage group, mortgage products, private mortgage insurance
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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
Posted in Fraud
Tagged bank fraud, brokerage operation, district judge, employment data, loan officer, mail system, minnesota mortgage, mortgage brokerage, mortgage fraud, mortgage group, mortgage lenders, mortgage loan applications, naples fla, pay stubs, plea agreements, rate mortgage, septon, star tribune, supervised release, twincities com
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