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PSMI Opens Office in Van Buren, Ark. - EarthtimesROSWELL, N.M. - (Business Wire) PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Van Buren, Arkansas. Julie Dietz-Watson ...
Mortgage rate drop spurs rush to lenders for refinancing - Detroit Free PressA sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage ...
Mortgage plan seen as possible stimulus - Omaha World-HeraldA federal plan to reduce interest rates on home mortgages to as low as 4.5 percent could succeed in stimulating the housing market in the Omaha area and nationwide, local homebuilders and real estate agents say. “That would be a very big plus ...
John 'Jack' Hilton; Mortgage President, 56-Year Resident - Palisadian-PostLongtime resident John Richard (Jack) Hilton passed away November 27 in Pacific Palisades. He was 84. Born November 22, 1924 in Los Angeles, Jack lived in Beverly Hills his first 25 years. A graduate of Beverly Hills High School and USC, he served as ...
FEMA to unveil new flood-plain maps of Kalamazoo County - Kalamazoo GazetteKALAMAZOO TOWNSHIP -- Representatives from the Federal Emergency Management Agency and the Michigan Department of Environmental Quality will host an open house Monday to present preliminary flood-plain maps of Kalamazoo County and provide current ...
Fla. called No. 1 in mortgage fraud - St. Petersburg TimesTAMPA — A national report released Tuesday said Florida leads the nation in mortgage fraud. Within the state, Tampa is second in the amount of suspicious loan activity. As the report was being released, a federal jury in Broward County was ...
Classic holiday stories inspire during tough times - The Chronicle HeraldHard times have you down this holiday season? Take a trip to the library for some inspiration from treasured stories of Christmas past. The mortgage meltdown, job squeeze and clash between rich and poor evoke long-popular holiday tales with ghostly ...
Real Estate: Neighborhood Homes Sold - San Francisco GateThere is something that mortgage lenders want Bay Area home buyers to know: They are open for business. While it is certainly harder to get a loan today than it was two years ago, lenders say it's far from impossible... Q: I have a situation ...
Economic Meltdown Far From Over, New Mortgage Crisis Looms - FOX NewsWASHINGTON — Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...
Cause and Effect - American Enterprise InstituteAlthough the media are full of talk that we face a "crisis of capitalism," the underlying cause of the financial meltdown is something much more mundane and practical--the housing, tax, and bank regulatory policies of the U.S. government. The ...
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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