The bank moved to seize a widow’s home. But it didn’t tell her the loan was insured. The ABC’s of buying a home. Mortgage Masters Group; Tile International 1/2012; Net News; certification scopes
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Rate Assumptions – Rates displayed are subject to change and assumes that you are buying or refinancing an owner-occupied single family home, debt-to-income ratios of 35% or lower, asset and reserve requirements are met, and your property has a loan-to-value of 80% or less.
More Prime Foreclosures; More Re-Defaults John Mauldin has another interesting weekly letter called This Way There Be Dragons. Here’s a look at the section on housing. Emphasis mine. "Yesterday Fitch ratings estimated that up to 75.Former newspaper publisher charged in $10 million mortgage fraud conspiracy Published 4:00 am PDT, Thursday, April 15, 2010. Federal agents in Northern california arrested 18 people Wednesday on charges of defrauding banks and lenders with bogus mortgage loan applications. The losses totaled at least $10 million from 2005 through 2009, said FBI spokesman Joseph Schadler.
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