Mortgage | refinancing

(PRWEB) February 03, 2012 Heritage Bank will expand its mortgage broker network to offer home loans in every state and territory in Australia from today (Wednesday, 1 February).Heritage, Australia’s largest customer-owned bank, will today start offering home loans in Western Australia, Tasmania and the Northern Territory. Heritage has already been offering loans via mortgage brokers through the    .. more …

MOUNT HOLLY” A Camden County mortgage broker was indicted oncharges that she took money to refinance a home but never followedthrough with the deal.A Burlington County grand jury returned the indictment againstJaffa F. Stein, 57, of Cherry Hill, on Jan. 24, the BurlingtonCounty Prosecutor’s Office said Friday.Stein was charged with theft.She was doing business as Excel Loan Modifications and    .. more …

Thirty-five-year-old Nathan Russo of Johnston, R.I., a former mortgage broker for Action Mortgage Corp. in Cranston, R.I., was given the 30-month sentence last Friday by U.S. District Judge Alvin W. Thompson in Hartford. Russo also will be on supervised release for three years following his sentence and has been ordered to pay more than $1.1 million in restitution.According to a summary of the    .. more …

Toronto Stock Exchange: TMC TORONTO , Jan. 20, 2012 /CNW/ – Timbercreek Mortgage Investment Corporation (the “Fund”) is pleased to announce that its board of directors (the “Board”) has declared a monthly dividend of $0.067 per class A share (“Class A Shares”) and $0.071 per class B share (“Class B Shares”) of the Fund to be paid on February 15, 2012 to holders of Class A Shares or Class B Shares    .. more …

One of the few people I’ve gotten to know who actually went to prison for mortgage fraud is a 50-year-old grandmother from Southern California named Maria Echeverria.Things are looking up for Echeverria since I first interviewed her last year.She has been moved from a federal prison camp in Victorville, Calif., 85 miles northeast of Los Angeles, to a half-way house that allows her to go home over    .. more …

A mortgage broker is a financial professional who assists anyone who is looking for a mortgage, even if they have bad credit. Mortgage brokers are highly experienced in the mortgage field and have a vast knowledge about the various mortgages that are on the market at any one time. They make it part of their role to stay totally up date with mortgages that lenders offer so they can give their    .. more …

But are they necessary? The answer is a clear YES, especially if this is your first time applying for a mortgage and you know nothing about the mortgage market. That’s the first reason. The second reason is that you don’t pay a cent for their services, and they’d only be too glad to help. That’s because they earn their fees from the banks and other financial institutions they represent. Third,    .. more …

A Bethesda mortgage broker was sentenced Thursday to three years in prison for his hand in a mortgage scheme that defrauded his lenders and family members of more than $1.4 million.Douglas Skibicki, 42, was sentenced to 33 months in prison and three years of supervised release for his role in the crime, in which Skibicki and his accomplice, a real estate appraiser, filed fraudulent mortgage claims    .. more …

Real Estate Broker Schools: Basic Requirements and Guidelines in Choosing the Right SchoolSearchAt a short glance, you can say that it is not practical to invest time and resources in a real estate broker school, and to think that you will be able to earn substantially in this market today. This is considering that the United States is on a mortgage crisis since the end of 2007; 10 percent of the    .. more …

A barrage of lawsuits that South Carolina solicitors filed against LendingTree has yielded a $3 million settlement with the online mortgage broker, with more than $400,000 going to Charleston and Berkeley counties. Ninth Circuit Solicitor Scarlett Wilson announced financial terms of the deal Wednesday. Her complaint was dismissed in late December, local court records show. Wilson and 15 other    .. more …