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Fraud pleaded in mortgage cases - Inside Nova
Several area residents pleaded guilty to mortgage fraud in two separate cases with ties to Prince William County. Two brothers admit taking part in a million-dollar mortgage fraud scheme, say federal prosecutors. Mohammed Rababeh, 29, of Vienna and ...

Mortgage lenders in Utah not flooded with calls - Salt Lake Tribune
The federal takeover of Freddie Mac and Fannie Mae didn't set off a wave of calls to the Utah Mortgage Lenders Association or to mortgage lenders in Salt Lake City. "We haven't had any telephone calls from mortgage holders asking what it means to ...

Iowa cities competing for federal buyout money - Chicago Tribune
State officials say nearly three dozen Iowa communities vying for about $200 million in federal aid to buy out homes in flood-prone areas have until early next year to make formal applications. Bret Voorhees is a spokesman for Iowa Homeland Security ...

Housing and Urban Planning - Chicago Tribune
Illinois, California and at least six other states have reached an $8.8 billion settlement of their lawsuits against Countrywide Financial, the biggest subprime mortgage lender, in a deal that should help some 21,000 Illinois residents keep their ...

Missoula mortgage refinancings have doubled - Missoulian
Borrowers have triggered a refinancing boomlet for Missoula lenders in the last few weeks as mortgage rates hover around 6 percent or less. Rates are expected to skip around between 5 percent and 6 percent as the Federal Reserve, which meets next on ...

State Attorney General suing several Central Florida companies in ... - Orlando Sentinel
TALLAHASSEE - State Attorney General Bill McCollum said Thursday his office was suing several Central Florida companies over a mortgage fraud scheme in which they allegedly siphoned off millions of dollars from dozens of home mortgage loans. The ...

Plano bank takes over mortgage offices to enter Houston market - Houston Business Journal
Gerry Taylor of ViewPoint: Company’s strategic plan includes Houston and Austin. A Metroplex bank in the process of establishing a toehold in Houston is already looking forward to future regional expansion. ViewPoint Bank , part of Plano-based ...

Florida sues over $37-million mortgage fraud - St. Petersburg Times
Lori Polin, 49, is not named as a defendant because real estate agents are exempt from the Florida Deceptive and Unfair Trade Practices Act. Last year, Re/Max International honored Lori Polin of Tampa as one of an elite group of real estate agents ...

Mortgage workshops set for at-risk homeowners - Chicago Sun-Times
Workshops designed to help homeowners at risk of losing their homes or already in foreclosure restructure their mortgages into affordable home loans will kick off in Cook County this weekend. The Neighborhood Assistance Corp. of America, which ...

Mortgage Seekers Find Rates Are Down, Credit Tighter (Update1) - Bloomberg
Sept. 16 (Bloomberg) -- U.S. mortgage rates are dropping. Good luck getting a loan. Existing home prices have fallen 7.7 percent since their July 2006 high and rates dropped below 6 percent last week for the first time in more than three months. The ...

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Today's Mortgage Terms starting with G

  • Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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