Finance, Credit and Loan Information

September, 2015

Redefining when the mortgage process starts

This article is part of HW PartnerDirecttrade;. What is this? If you ask mortgage professionals when the mortgage process starts, their answer is likely to be, When the consumer fills out the 1003 application. That is incorrect.

TRID Data May Offer Clues in Probes of Mortgage Lenders

Could regulators use licensing data on the new Closing Disclosure form to track the marketing activities of mortgage originators? The fifth page of the form, part of the new integrated disclosures tied to the Truth in Lending and Real Estate Settlement Procedures acts, has a box that calls for the license numbers of the buyers […]

Can PRA Group, Inc. (NASDAQ:PRAA) Post an Earnings Surprise this Quarter?

Publicly traded companies often feel immense pressure to meet or beat consensus earnings estimates each quarter. When a company does so consistently, executives and investors are often rewarded by a higher share price. On the other hand, when a company regularly misses Street expectations, the stock is often punished. According to the latest available information […]

Blue Point man pleads guilty in mortgage fraud scheme, prosecutors say

Justin Romano leaves federal court in Manhattan Thursday, Aug. 7, 2014, after his arraignment on charges related to a mortgage fraud scheme. (Credit: Bryan Smith) A Blue Point man pleaded guilty to orchestrating a mortgage modification fraud scheme that defrauded homeowners nationwide out of $18.5 million, federal prosecutors said Tuesday. Justin Romano, 41, of Blue […]

Short Term Loan With No Credit Check

Some lenders will provide whats called revolving credit or a line of credit. This is a loan that borrowers can draw down when needed and pay back when it works for them. What Is A Good Credit Score To Buy A Car X Coupons People with a low FICO credit score and bad credit history […]

Lenders order special audit of Amtek Auto books before extending further loans

MUMBAI: Lenders to the crisis-ridden Amtek Auto Group have decided to conduct a special audit of its books before taking a call on extending further loans to the Delhi-based auto component maker, according to banks. A joint lender forum (JLF) meeting was held on Friday and it was decided to get a special audit of […]

PRA Group, Inc. (NASDAQ:PRAA) Short Interest Update

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP-General Counsel, Secretary) of Pra Group Inc, Scott Judith S had sold 3,000 shares worth of $190,830 in a transaction […]

Little oversight for NY politicians’ cars

ALBANY, NY — When state lawmakers need a vehicle to get them to and from the state Capitol to do their work, some look to campaign donors to pick up the tab. Since 2000, at least three dozen state lawmakers past and present have billed their campaigns for expenses related to vehicle leases or purchases, […]

How to help your client select the best mortgage for their big adventure

Takeaways: Understanding the different mortgage options and products is the single most important value-add agents can bring to their buyers and sellers. Todays mortgage products are diverse and designed to meet the financial needs and considerations of buyers in different markets and circumstances. In the end, matching a buyer to a property is as much […]

Wounded veteran presented with mortgage-free house

A wounded decorated Army Veteran had his sacrifices recognized with a new mortgage-free home. Jeramie Green spent several years in Afghanistan – before he was severely injured. Now, after two years and more than 70 surgeries, green is moving to Houston with a place to call his own – and he couldnt be more thankful.

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