Nov
18

National City Corp. opens area mortgage units
Buffalo News - months after National City closed its national home equity business and consolidated it into the mortgage business. The national mortgage crisis led to tighter underwriting standards and a drop-off in investors willingness to buy second mortgage

Lenders raise bar for some borrowers
Raleigh News & Observer - The first mortgage is provided for 80 percent of the cost of the home, and the piggyback second mortgage is for the remaining 20 percent. The 80 percent first mortgage can be a fixed-rate 15-year or 30-year, adjustable-rate or interest-only loan. The

Featured PRFirm
PRWeb - “When our record label wanted to grow to international status, we made the decision 5 years ago to use PRWeb exclusively for all our label releases. Today, Platinum Plus Universal is ranked by Billboard as one of the top 10 indie labels in Nashville

Unsecure Identity
The State Journal - They could take it into the bank, say they were Charli Fulton, give my Social Security number and tell the bank they wanted to take out a second mortgage. “Well, the banker pulls up my credit report, sees the credit cards I have open, the ones I

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