Insurance

Mortgage audit won’t help loan modification

Most people facing foreclosure simply want to get reduced payments so that they can afford to keep their homes. Mortgage audits, supporters contend, can help by uncovering mistakes or legal violations in loan documents, giving homeowners a bargaining chip in negotiations with lenders.


Topping-up on your home loan? There’s a catch

If you are a home loan customer, top-up loans are for you in case you have additional requirement of loan for extension, renovation, etc. But is there a catch?


Turner Foundation sued by PNC over Tecumseh Recreation Center mortgage

SPRINGFIELD – PNC Bank is now setting its sights on the Turner Foundation for repayment of the $1.13 million mortgage loan still outstanding on the Tecumseh Recreation Center.


Warning for mortgage holders who just refinanced

If you’ve recently refinanced a mortgage loan, the Indiana Department of Insurance wants you to make a follow-up call.


Jersey City police officer is charged with mortgage fraud

JERSEY CITY — A police officer was arrested today by the FBI and charged in federal court with mortgage fraud for allegedly lying to a bank to secure a roughly $530,000 loan, authorities said. Brian Ragauckas, 36, of Secaucus, falsely…


Home loan demand nudges higher in latest week

U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.


Home loan demand nudge higher in latest week

U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.


Home-Equity Loans: What You Need To Know

A home-equity loan , also known as a second mortgage, lets homeowners borrow money by leveraging the equity in their homes.


Trying to Save a Home From Foreclosure Can be Scary and Costly; New Loan Modification Software Eases the Pain

A loan modification arrangement can be the best approaches for saving a home from foreclosure.


Owner of Legacy Lending pleads guilty in $20 million mortgage scam

On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.