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News about Mortgages:
RBA's Glenn Stevens may surprise with 150-point cut - The AustralianI'VE tipped the Reserve Bank to cut its official cash rate by a full one percentage point to 4.25 per cent today. That would equal the lowest cash rate – since just after the September 11 attacks in 2001 - in the modern era of inflation targeting ...
Easton man admits role in mortgage fraud scheme - Amity ObserverFred Stevens, of Sherwood Road, pleaded guilty to one count of bank fraud stemming from his participation in a scheme to defraud IndyMac Bank and other federally insured financial institutions, according to Acting United States Attorney for the ...
WESTPORT: Mortgage Broker Pleads Guilty - Hartford CourantA mortgage broker from Westport has pleaded guilty to a charge of bank fraud stemming from his participation in a scheme to defraud IndyMac Bank, a federally insured financial institution based in California , the U.S. attorney's office for ...
Home truths for Mr Stevens - Sydney Morning HeraldSPRING is usually the busiest time of the year for Ray Estell, owner of the pool shop in Sylvania Waters, home suburb of the governor of the Reserve Bank, Glenn Stevens. But patchy weather and economic uncertainty have put a dampener on plans by some ...
Easton man guilty of bank fraud - WTNH.comBridgeport (AP) - An Easton man has pleaded guilty to a federal charge of bank fraud involving a mortgage fraud case. Fred Stevens, 52, pleaded guilty Tuesday to taking part in a scheme to defraud IndyMac Bank and other federally insured financial ...
Australia to Extend Biggest Rate-Cut Round Since 1991 Recession - BloombergDec. 2 (Bloomberg) -- Australia’s central bank will probably cut borrowing costs to a six-year low, extending the biggest round of interest-rate reductions since a recession in 1991, amid signs the economy is close to stalling. Governor Glenn ...
Australia Mortgage Delinquency Rates Rise, Fitch Says (Update1) - BloombergNov. 26 (Bloomberg) -- Australian mortgage delinquency rates worsened in regional and coastal areas, and are likely to increase as the economy slows, according to Fitch Ratings. Mortgages that missed one or more payments in the six months through ...
Silver lining in dark clouds - Sydney Morning HeraldTHE economic crisis is producing a new round of winners and losers as the Reserve Bank slashes interest rates for home owners, consumer prices continue to fall, and pensioners and families line up for cash bonuses. A household with a $400,000 ...
Rate cuts are the silver lining - Brisbane TimesTHE economic crisis is producing a new round of winners and losers as the Reserve Bank slashes interest rates for home owners, consumer prices continue to fall, and pensioners and families line up for cash bonuses. A household with a $400,000 ...
Deed transfers for the Dec. 1-28 edition - Star-BannerWarranty deed transfers in excess of $80,000 involving businesses as recorded at the Marion County Clerk of the Circuit Court's office from Sept. 29-Oct. 24. Compiled by Darrell G. Riley: Oct. 20-24: Steven Dube to S & S Group LLC. Marion County: $98 ...
Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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