· 7 MISSING OUT: MILLENNIALS AND THE MARKETS OSC INVESTOR OFFICE Millennials are currently at many different stages of life-from students attending college or university and leaving home for the first time, to young professionals with homes and families of their own. But one thing that they have in common is that they
Kroll notes the potential for mortgage fraud is increased more than 10% nationally – the third consecutive quarter of increases. Additionally, there are ten markets were mortgage fraud is likely.
Past MBA Chairman David Kittle joins Interthinx David Kittle – Ainsworth Advisors – David Kittle began his mortgage-banking career in 1978 with American Fletcher Mortgage. He is past chairman of MBA's political action committee, MORPAC.SPEED: Fannie Mae will directly approve short sales With a HAFA short sale, the borrower is able to get price that the bank is willing to accept prior to listing the home. The timeline for getting the price is 30 days. This compares to the 90-120 day approval period found in traditional short sales. HAFA is available to Fannie Mae and Freddie Mac loans.
Underwater interest-only mortgages: Once a home is worth less than the mortgage, and is thus “underwater,” it cannot be sold because the proceeds won’t suffice to pay off the mortgage. Investors, often with negative cash-flows in the property, are stuck contemplating doom and gloom.
People who are remortgaging in order to fund these projects have been helped by low mortgage rates, which mean they can..
CoreLogic: Nearly 1 million houses float back into positive equity Home Equity Lending Landscape. During the rst three quarters of 2015, lenders originated nearly 976,000 new home equity lines of credit (HELOCs) with. In addition, there are approximately 30 million homeowners who own their homes free and clear, and who are potential.Freddie delinquency rate down to lowest level in nearly 3 years Fannie and Freddie Prevent Nearly 3.7 Million Foreclosures.. the lowest level since the first quarter of 2008. The serious delinquency rate of Fannie Mae and Freddie mac loans continued to decline, settling at 1.3 percent at the end of the first quarter, down significantly from a peak of 4.93.
Mortgage fraud: unlikely, but possible. According to the FBI, you are not the most likely victim of mortgage fraud – most cases are perpetrated by borrowers against mortgage lenders.
Beware of tax fraudsters on the prowl: Here’s 10 key steps to avoid falling victim as 2.6m scam attempts are reported in just three years. taxpayers report 2.6m communications from fraudsters over.
· Flopping is the latest in mortgage fraud, in which sellers actually want as low a price as possible. Then an accomplice can flip the home for a big gain. Why.
Guess how many bank CEOs made Glassdoor’s list of the highest rated CEOs? Aluminum – Made. highest rating in India. Platinum rating is followed by gold, silver ratings all of which are based on the sustainability, waste management and usage of natural resources and.
In 2016, nearly 33 million Americans, or 10. markets, these 39 counties do represent more than 45 million people, or 14 percent of the U.S. population. How different homeowners could be affected by.
Someone might ask you to pay in advance for things like debt relief, credit and loan offers, mortgage assistance, or a job.. These calls are illegal, and often the products are bogus.. 10 things you can do to avoid fraud (Chinese – Cantonese) 10 things you can do to avoid fraud (Korean).
· How to identify the characteristics of fraudsters and prevent fraud from occurring at your business By: troy sympson | 12:00am EDT November 26, 2010 No matter how well-run your company may be, or how close-knit your employees are, no company is immune to fraud.
The real mortgage winners in 2016 will be those with the best approach to technology With Harvard experts helping, clever and dynamic Mexico City is dealing. Science & Technology.. In greater Mexico City, home to 22 million people and covering. Workers pay into the mortgage fund through salary deductions, the. smarter way,” he said, means “housing not only for people to live in,