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Posts Tagged ‘mortgage’

Question by Emmanuel F : Can a person a person work for a mortgage broker, and a investor that is a note broker? It is illegal for aperson to work for two mortgage brokers in the same state. However i want to know is it illegal for a person to be a loan officer for [...]

General Growth, American Mortgage, HSBC-Madoff, PFF Bancorp: Bankruptcy General Growth Properties Inc. , the second-largest mall owner in the U.S., won court approval to move forward with its plan to exit bankruptcy as creditors protest the proposal. Read more on Bloomberg Related Post: Can a person a person work for a mortgage broker, and a [...]

Question by d_bravman : Is it better to pay off a second mortgage, or use that money for a downpayment on an investment property? I have some money saved up that could pay off my 2nd mortgage which is at 8.25% and has a payment of approx 0/month, or could be used as a down-payment [...]

Starwood Property Trust Announces Completion of Commercial Mortgage Securitization Starwood Property Trust today announced its participation in a recently completed commercial mortgage securitization which generated non-recourse match funded financing for the Company with an effective cost of funds of approximately 3.5%. Â The Company separated five mortgage loans with an aggregate face value of 8 [...]

Question by Mr. M : Where can I find a loan that would give me an investment property mortgage with little down-payment? Most banks that I know of want 20% down, and won’t consider anything less that 10-15%. I want to buy an investment property, but I have very little downpayment money. I’d love to [...]

Question by Nelson : Good idea for real estate investor to become part-time loan agent to finance his own mortgage? In Southern California. Advantage and/or disadvantage? Give your answer to this question below! Related Post: Where can I find a good, aggressive real estate agent who specializes with investors? Loan Modification – Part 2: Home [...]

Reverse mortgages are good for senior Americans who can receive a line of credit based on the value of the house. Possibly retire with a reverse mortgage usingtips and advice from an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding [...]

In a segment on CBS that aired yesterday, 60 Minutes correspondent Scott Pelley talks to investment and credit experts about the new types of mortgages that will create a second wave of foreclosures. The country has already suffered the subprime mortgage crisis, and the experts say the next wave of risky mortgages to default are [...]

This video will describe how hard money lenders, hard money brokers and real estate investors can raise private capital and obtain investor money to fund loans. Related Post: Is it better to pay off a second mortgage, or use that money for a downpayment on an investment property? Private Hard Money Lending – Self-Directed IRA [...]

Quicken Loans client Dayna from Utah, discusses in this video review how Quicken Loans helped her to refinance her home. Dayna and her husband, first tried to refinance their home with a major bank in Salt Lake City, but after being run around throughout their process with them, Dayna and her husband decided to switch [...]