Mortgage Newsletter (6/17/2010)
Dear Mortgage4House.com Readers,
Welcome to the Mortgage Newsletter (6/17/2010). In this edition we have included news, articles and videos. You can find more resources on our website: Mortgage4House.com.
Mortgage News
Mortgage help offered
Homeowners in areas of the Gulf of Mexico affected by the BP oil spill can get mortgage relief from Citigroup Inc. and government sponsored mortgage purchasers Fannie Mae and Freddie Mac. (More)
Mortgage company chairman indicted in 1.9billion dollars fraud scheme
Washington Jun 17 : The former chairman of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), Lee Bentley Farkas, was arrested last night in Ocala, U.S. and charged in a 16-count indictment for his alleged role in a more than 1.9 billion USD fraud scheme. (More)
Mortgage CEO charged with fraud
WASHINGTON The former chairman of a large mortgage lending company has been charged in a $1.9 billion fraud scheme that contributed to the failure of Colonial Bank, one of the nation’s 50 largest banks before it was seized by regulators last year, the Justice Department said Wednesday. (More)
U.S. Economy: Factories Lead Rebound as Housing Falls
Production in the U.S. rose by the most since August and builders broke ground on fewer homes than projected, showing manufacturing is sustaining the recovery as the housing market retreats following the expiration of a government tax credit. (More)
Mortgage Applications Rise Nearly 18 Percent
Mortgage applications rise nearly 18 percent as refinances, purchases grow Mortgage – United States – Financial Services – Business – Loan (More)
Mortgage Application Volume Rises In Week Ended June 11
A report released by the Mortgage Bankers’ Association said Wednesday that mortgage application volume rose a seasonally adjusted 17.7% in the week ended June 11th from the previous week. This marks the first increase in over a month. The increase reflected demand trickling in after the payback effect from the April 30 expiration of first time homebuyers’ credit was felt in the past few weeks. (More)
Mortgage Articles
Over 62? A Reverse Mortgage Could Solve Your Debt Problem
Seniors can take advantage of the value of their home with a reverse mortgage. Because these are regulated by the US Government, these are a safe way of raising funds. (More)
Loan Modification – Will Joe and Dawn Win the Struggle to Save Their Home?
Are you losing sleep over your financial situation? Sometimes its helpful to step outside your problem and see what other people are doing in your same situation. What do you think Joe and Dawn should do? (More)
MI Refi Mortgage Loan – How It Can Help You
Mi Refi Mortgage Loan is an organization in Michigan that provides refinancing options for mortgages. Are you considering refinancing your existing mortgage? Let’s talk about that subject. The … (More)
Mortgage UK Guide – Understand the Basics
The market in UK has introduced a number of innovative concepts since its inception. Hence, one can find the market to be one of t… (More)
This newsletter is provided by Mortgage4House.com.