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Category Archives: Other – Business & Finance

BancorpSouth and Federal Home Loan Bank Provide $175,000 Grant for Affordable Housing

BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. , a $13.5 billion-asset financial holding company, recently joined with the Federal Home Loan Bank of Dallas to provide a $175,000 Affordable Housing Program grant to the Neighborhood Development Corporation in Tupelo to provide low-income, first-time homebuyers with down payment and closing costs assistance.

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BancorpSouth and Federal Home Loan Bank Provide $175,000 Grant for Affordable Housing

Borrower blasts bungling mortgage servicer

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

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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 …

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VA Home Loan Centers Announces Summer Stimulus Offer

Penalty charges not waived

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

Michael McDevitt, Real Estate Finance and Loss Mitigation Expert, Explains the Proven Benefits of Mortgage Loan Audits …

Michael McDevitt, America’s leading real estate finance and mortgage loan audit expert, was recently featured in Bloomberg’s Business Week showcasing the advantages consumers have in loss mitigation transactions using mortgage compliance analysis reports, forensic loan audits, mortgage securitization audits, and REST Reports.

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Michael McDevitt, Real Estate Finance and Loss Mitigation Expert, Explains the Proven Benefits of Mortgage Loan Audits …

Federal Bank Regulators Scrutinizing Mortgage Lawsuits Against Banks, Opening New Worry For Investors, Bankers

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.

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Federal Bank Regulators Scrutinizing Mortgage Lawsuits Against Banks, Opening New Worry For Investors, Bankers

Central Bank launches home loan scheme for DDA flats allottees

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

Consumers hold home-loan officers more accountable

COEUR d’ALENE – More than 100 Spokane Teachers Credit Union employees are scheduled to be fingerprinted today.

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Consumers hold home-loan officers more accountable

Borrowers sue over apparent loan mod mishaps

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

Conforming loan limit drop would raise costs

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