Falmouth Mortgage Broker Admits To $2.5M Scheme – FALMOUTH, MA – The president of a now-defunct Falmouth mortgage company on Wednesday pleaded guilty to scamming the government out of $2.5 million to pay for personal expenses. robert pena, 68, of.
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Debating the Value of Mortgage Brokers – On Tuesday Bank of America Corp. exited the wholesale mortgage lending business, limiting its dealings with mortgage brokers to focus on loans made directly to consumers and community banks. Some fear.
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Do Mortgage Brokers Make Good Housing Counselors? – Many former mortgage brokers and loan officers are now working as counselors to help those at risk of losing their homes to foreclosure, writes James. R. Hagerty in today’s Journal. With lending down.
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Eight things you should know before seeking a mortgage – These now govern how much banks can lend, and how much you can borrow. After all, there’s no point in turning up at a broker/bank looking for a mortgage if your budget is unrealistic. Under the rules,
Mortgage Broker Melbourne Village Mortgage brokers do the ‘heavy lifting’, but may not save you money – Analyst predicts relevance of mortgage brokers will wane as technology improves Comes as questionable lending practices exposed at banking royal commission analyst suggests australia follow UK and.
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Citi Becomes Latest Bank to Cut Off Mortgage Brokers – Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers. The move shows once again how the financial crisis is reshaping the.
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