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Mortgage broker gets 36 months for scam - Palm Beach Post
WEST PALM BEACH — Mortgage broker Lauren Jasky was sentenced today to 36 months in federal prison for her role in a scam that used bogus appraisals and doctored loan applications to rip off lenders for millions of dollars. Jasky's attorney argued ...

Mortgage scammer sentenced to 30 months - Palm Beach Interactive
"Based on his lack of education and lack of sophistication, he was not the one in control," Michel's lawyer, Glenn Mitchell, told U.S. District Judge Donald Middlebrooks in federal court in West Palm Beach. A tearful Michel asked Middlebrooks for ...

Palm Beach Gardens hotel up for foreclosure sale - South Florida Business Journal
The Comfort Inn in Palm Beach Gardens is scheduled for public sale next week after losing a $7.3 million foreclosure judgment. The 90-room, 47,925-square-foot hotel is at 11360 U.S. Highway 1. Pinnacle Hospitality bought the hotel for $6.2 million in ...

OpenClose, MeridianLink Partner to Provide Complete Credit ... - Consumer Electronics Net
Solutions , developers of Web-based, end-to-end mortgage lending software , has partnered with Costa Mesa, Calif.-based MeridianLink to interface the compans MortgageCreditLink (MCL) with OpenCloss loan origination software (LOS), OpenClose ...

HUD millions, but not for Boca or Delray - Boca Raton News
Palm Beach County commissioners have submitted a $28 million application for housing stabilization funding from the U.S. Department of Housing and Urban Development under its Neighborhood Stabilization Program (NSP). And neither Boca Raton nor Delray ...

Linda Gosman released on $1 milllion bail - Palm Beach Daily News
WEST PALM BEACH — Former Palm Beach socialite Linda Gosman was released from jail on $1 million bail early this afternoon following a court hearing in which she agreed to supply records of her Swiss bank account to federal prosecutors within two ...

Budget cuts, surge in foreclosures create squeeze at South Florida ... - Fort Lauderdale Sun-Sentinel
Chilly weather may start driving more people to South Florida shelters this week, but the struggling housing market and decaying economy guarantee they'll have more trouble finding a place to sleep. Shelters in Broward and Palm Beach counties are at ...

Loan servicer Ocwen buys Texas bank - South Florida Business Journal
Kent County State Bank’s headquarters includes a building, left, that dates back to 1912. As the only bank in Kent County, Texas, which has 735 residents in 902 square miles, Kent County State Bank would not seem like a prized acquisition target ...

VIDEO/PHOTOS: Naples fire department chief Jim McEvoy moonlights in ... - Naples Daily News
Please download the latest version of Adobe Flash Player , or enable JavaScript for your browser to view the video player. When he is not leading the Naples Fire department, chief Jim McEvoy performs with the Irish band "West of Galway" during their ...

Business openings for Galveston County - Galveston County Daily News
WHO: 3-Share Plan WHAT: Health benefits program WHERE: UTMB clinics in Texas City, League City and Friendswood; and UTMB Island clinic on Stewart Road in Galveston CALL: 866-607-0108 WHO: A B Sign Shop WHAT: Signs, banners, wide format printing, etc ...

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Today's Mortgage Terms starting with E

  • Equity: The difference between the current market value of a property and the total debt outstanding against the property.
  • Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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