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.
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S. Florida seniors targeted in mortgage fraud, officials say
Thursday, July 7th, 2011 10:30:00 NG KOK SING is displeased that a bank has refused to waive his penalty charges. The 40-year-old claims he has been promised by a Hong Leong Bank sales staff to waive the penalty charges for his home loan during the five-year lock-in period if he signs up a new loan with them. “My previous home loan was two months short of meeting the five-year lock-in period …
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Penalty charges not waived
WASHINGTON — Federal bank regulators are scrutinizing more than 150 home loan-related lawsuits directed at lenders and mortgage companies, a top official at the Federal Deposit Insurance Corporation plans to say Thursday, underscoring the threat the largest U.S. banks face from faulty and improper mortgage and foreclosure practices.
New Delhi, Jul 5: State-run lender Central Bank of India today announced that it has launched a special scheme for financing flats to the allottee in the recently held draw of DDA Housing Scheme 2010.
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Central Bank launches home loan scheme for DDA flats allottees
Getting a mortgage can be tough these days — even people with near-perfect credit have been rejected for loans. But for some lucky borrowers, things aren’t as bad as the doom-and-gloom crowd says.
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How To Get A Mortgage With So-So Credit
It seemed Maria Campusano’s financial problems were behind her when the mortgage on her Victorian home in a Massachusetts mill town was chopped by hundreds of dollars a month.
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Borrowers sue over apparent loan mod mishaps
Getting a mortgage can be tough these days — even people with near-perfect credit have been rejected for loans. But for some lucky borrowers, things aren’t as bad as the doom-and-gloom crowd says.
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Getting a mortgage with so-so credit
More than 30,000 California families will face higher down payments, higher mortgage rates and stricter loan qualification requirements if conforming loan limits on mortgages backed by the Federal Housing Administration, Fannie Mae and Freddie Mac are reduced beginning Oct. 1, according to analysis by the California Association of Realtors.
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Conforming loan limit drop would raise costs
HAVING shelter or a roof over one’s head is a basic human need, which most working adults earning a reasonably comfortable income try to secure by buying a house or housing unit.
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