Mortgages
Federal Home Loan Bank of Atlanta to Award $2.1 Million for Affordable Housing in South Carolina
Funding to Create, Preserve 251 Affordable Rental, Homeownership Units
Atlanta, GA (Vocus) March 4, 2010 — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award $2.1 million to fund five affordable housing developments in South Carolina. The funding is part of $40 million FHLBank Atlanta will award in 10 [...]
United Law Group Helps Prominent Podiatrist Reduce Mortgage by $3,347 Monthly and Save $925 Monthly on the Loan Held By Her Disabled Parents
United Law Group clients continue to benefit from the firm’s ongoing litigation efforts. Dr. Vanessa Taylor of Norco received a permanent loan modification that reduced the rate from 9.5% to 4.98% for her disabled, aged parents who found themselves in a predatory loan. This will save the couple $288,600 over the 26-year life of the [...]
Commercial real estate loans drive more banks onto FDIC’s ‘problem list’
(THE CHRISTIAN SCIENCE MONITOR) - Over 700 banks in the US are distressed according to the FDIC, the largest number since 1993. The latest additions to the “problem list” are largely resulting from commercial real estate loans gone sour. The FDIC anticipates bank difficulties continuing to worsen in 2010 before there’s [...]
LowRateNetwork.com, a New Mortgage Portal, Celebrates its Public Launch
Low Rate Network brings everything that’s important to consumers and relevant in their mortgage financial life into one place. Instead of going to multiple news, bank and mortgage sites each day, visiting Facebook and Twitter and checking various e-mail accounts, consumers can do it all in one place.
Washington, DC (PRWEB) February 25, 2010 — www.lowratenetwork.com, [...]
Contest For Change, Where Everyone Can Win a Home - Mortgage Free and Tax Free
A New Real Estate Industry aimed at making the American Dream Become A Global Reality while helping the economy.
(PRWEB) February 24, 2010 — Contest For Change was created for the purpose of addressing the economic challenges that the world is experiencing today. A so-called “New Real Estate Industry” where by contesting homes, someone can [...]
Federal Home Loan Bank of Atlanta to Award $7.9 Million for Affordable Housing in Georgia
Funding to Create, Preserve 693 Affordable Rental, Homeownership Units
Atlanta, GA (Vocus) February 11, 2010 — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award $7.9 million to fund 15 affordable housing developments in Georgia. The funding is part of $40 million FHLBank Atlanta will award in 10 states to create [...]
Mortgage Bankers Stepping up Financing for Commercial Real Estate: MBA
(DS NEWS) - Contrary to popular belief, the Mortgage Bankers Association (MBA) says financing for new commercial and multifamily mortgages is on the rise.
According to a quarterly survey released by MBA Tuesday at its Commercial Real Estate Finance convention in Las Vegas, commercial and multifamily mortgage loan originations were 12 percent higher [...]
What a Mortgage Will Really Cost
(THE WALL STREET JOURNAL) - Shopping for a mortgage has just gotten simpler.
Lenders are now required to use easy-to-understand forms providing basic loan terms and good-faith estimates of closing costs. And closing agents are required to provide a settlement statement that clearly compares borrowers’ final and estimated closing costs, according to the U.S. Department of [...]
Total Mortgage Services Receives Full-Eagle Approval For FHA Mortgages
Under goes thorough approval process by HUD to convert to a non-supervised lender
Milford, Conn. (PRWEB) January 14, 2010 — Total Mortgage Services, LLC, a leading mortgage lender and broker, announced today it has received approval from the U.S Department of Housing and Urban Development (HUD) to convert to a Full-Eagle, or non-supervised lender. [...]
Nationwide Building Society Offers New Mortgage Deals for 2010
Nationwide Building Society has announced a new range of mortgage deals and offers for the start of 2010.
London (PRWEB) January 8, 2010 — Nationwide Building Society has announced that with effect from Friday 8 January 2010, Nationwide will cut rates on a number of fixed and tracker rate mortgage and remortgage products.
The majority of [...]
