?> Credit Archives | Financial Maverick

Category Archives: Credit

Fewer homeowners seeking to remortgage as fears of interest rate hikes fade

Banks reported a big drop off in remortgaging activity after economists indicated they did not expect the Bank of England to raise rates soon.

Originally posted here:
Fewer homeowners seeking to remortgage as fears of interest rate hikes fade

How to Be a Mortgage Refinance Ninja

Refinancing a mortgage today is a lot like navigating a minefield. One wrong step and your refinance gets blown to pieces. We just closed on a new loan for our primary residence and are in the process …

See the original post:
How to Be a Mortgage Refinance Ninja

Spanish mortgage defaulters face debt nightmare

Inma Rodriguez lost her job, and now that she’s defaulted on her mortgage, she’s about to lose her home.

Read the rest here:
Spanish mortgage defaulters face debt nightmare

AfI launches key account exclusive and cuts rates

Abbey for Intermediaries has launched a new key account exclusive and has also reduced rates by up to 0.20% on its new Flexi Homebuyer and remortgage products.

The rest is here:
AfI launches key account exclusive and cuts rates

Home lending officials required to be certified – Fri, 08 Jul 2011 PST

Before the mortgage debacle nearly bankrupted the mightiest of lenders, it wasn’t difficult to sell a home loan. Today the rules have changed and the people responsible for helping Americans finance their most important and often largest purchase have to pass muster with the federal government.

See more here:
Home lending officials required to be certified – Fri, 08 Jul 2011 PST

South Florida seniors targeted in mortgage fraud, officials say

Three South Florida mortgage loan officers and a Pennsylvania title agent face federal criminal charges in connection with an elaborate $2.5 million reverse mortgage scheme, the first case of its kind to be prosecuted in federal Southern District Court, officials said Wednesday.

Read the original here:
South Florida seniors targeted in mortgage fraud, officials say

Non-Profit Working to Help Unemployed Western Massachusetts Homeowners Access $5 Million Through Federal Relief Program

Cambridge Credit Counseling processing Emergency Home Loan Program applications until July 22, 2011. July 07, 2011 The Dodd-Frank Wall Street Reform and Consumer Protection Act provided $1 billion to the United States Department of Housing and Urban Development to implement the Emergency Homeowners’ Loan Program, which is designed to assist homeowners who’ve experienced a …

Read the original post:
Non-Profit Working to Help Unemployed Western Massachusetts Homeowners Access $5 Million Through Federal Relief Program

Southeast Mortgage Hires Isaac Berry as Senior Mortgage Loan Originator

ATLANTA, July 5, 2011 – Southeast Mortgage, a full service Georgia mortgage lender and one of the largest non-bank lenders in the Southeast, has announced industry veteran Isaac Berry has joined the organization as senior mortgage loan originator and future branch manager.

Read more here:
Southeast Mortgage Hires Isaac Berry as Senior Mortgage Loan Originator

Borrower blasts bungling mortgage servicer

Stuck with a new mortgage servicer? Get used to it if you can’t pay off your home loan.

Read the original:
Borrower blasts bungling mortgage servicer

VA Home Loan Centers Announces Summer Stimulus Offer

Local veteran home loan provider will offer rebate for 2% of loan amountSan Diego, CA July 07, 2011 VA Home Loan Centers, a qualified lender of mortgage loans for veterans, announces their summer stimulus offer of a 2% rebate of the total VA home loan amount. This offer will be available to all home buyers who receive their loan directly through VA Home Loan Centers.The way the rebate is …

Read more here:
VA Home Loan Centers Announces Summer Stimulus Offer