Apr
17

How To Read The Google Tea Leaves
BusinessWeek - The latest time bomb ticking in the home lending industry: the “silent second,” a second mortgage or line of credit taken out for fast cash by a new homeowner usually without the knowledge of the first mortgage grantor. On top of a declining housing

New lending landscape
Wilmington Morning Star - If you got a second mortgage when you got your first, the lenders are “going to check very carefully” before they refinance your loans. A train wreck How did the mortgage market get to this point? The short answer is subprime loans, which were

A new scam: Mortgage fraud
Cedar Creek Pilot - This is where the buyer of a property borrows the down payment from the seller through the issuance of a non-disclosed second mortgage. The primary lender believes the borrower has invested his own money in the down payment, when in fact, the funds

Are Prepaid Mortgages The Safest Way To Go?
Best Syndication - rate of return on the dollars, and the rate of return on personal comfort level. Both are valuable commodities. By: Staff at Mortgage Lenders Plus.com Mortgage Lenders Plus.com is an advertiser supported mortgage directory. Get second mortgage

Online Press Release
PRWeb - The second mortgage lending team at Bridge has just released a new home equity product that offers a reduced intro rate for 6 months that starts as low as 6.25%. - 2007-03-02 UK Paternity Testing Centre Unveils New Online Resource DNA Diagnostics

Is The Refinance Rush Over?
Best Syndication - There is bound to be some impact on the refinancing loan market; people who would have been eligible for a second mortgage or a refinancing deal last year may no longer qualify after the new regulations are laid down. By: Staff at Mortgage Lenders

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