Archive for February, 2010
Queens con artist Raghunath on lam in $7M mortgage fraud
The FBI is hunting for a Queens man who went on the lam last week before he could be arrested for masterminding a $7 million mortgage fraud scheme.
Will tiny town’s residents be left on the hook for loan?
Mega-bank Wells Fargo & Co. has taken the small community of Landfall — which consists of a mobile-home park and two motorcycle dealerships — to court over a botched loan agreement.
Credit scores play big role in mortgage rate
Interest paid on a mortgage can add up to hundreds of thousands of dollars over the life of the loan.
Make sure loan quotes guaranteed
If you plan to take out a mortgage or refinance anytime soon, you might want to hear this blunt message from federal…
Whitworth joins Synovus Mortgage Corp.
HARTWELL, GA. —Stephanie Whitworth has joined Synovus Mortgage Corp., an affiliate of Athens First Bank & Trust, as a mortgage loan originator at the Hartwell office.
Carrying a home mortgage into retirement can increase anxiety
Q Could you answer a quick question about the housing bubble and the elderly? In your Nov. 28 column — “Retirees wonder about home purchase: pay cash or get loan” you say: “It became c…
No loan signings until Accrington pay tax bill
Accrington Stanley’s bid to bring in a loan signing will be held up after a delay in their latest tax payment resulted in the return of their transfer embargo.
Lloyds sees mortgage share fall
Owner of Halifax admits rise in homeowners struggling to repay loans but bank has fewer borrowers in negative equity Lloyds Banking Group, which owns the country’s biggest home loan lender, Halifax, suffered a fall in its share of the mortgage market last year. As it admitted that almost 80,000 of its mortgage customers were more than three months behind with their payments, the group said its …
Shopping for a loan? A good-faith estimate will protect you
If you plan to take out a mortgage or refinance any time soon, you might want to hear this blunt message from federal officials: Don’t fly blind. When you’re shopping among competing lenders for the best loan terms and fees, make sure you know which quotes come with a guarantee and which do not.
30-year mortgage rates rise as new-home sales fall
Mortgage rates climbed for the first time in three weeks, increasing borrowing costs as new-home sales slumped to the lowest level on record.
