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FLEXIBLE LOANS MORTGAGE PROGRAM USES CREATIVE FINANCING TO INCREASE AFFORDABILITY.(REAL ESTATE WEEKLY)
Byline: STACI DENNIS, CORRESPONDENT When Jacqueline Sandway began her search for a house, she had one goal in mind. It wasn't to get the best home on the block or have the most square footage. Instead, her focus centered on buying a home with no down payment. Sound impossible? It's not. Sandway,
Publication: The Virginian Pilot
Countrywide Home Loans Mortgage Rates Fall as Fed Slashes Rates.
CALABASAS, Calif., Oct. 16 /PRNewswire/ -- Following the Federal Reserve's unexpected quarter point interest rate drop yesterday and the reduction of national mortgage rates, Countrywide Home Loans, Inc., the nation's largest independent mortgage lender, is providing a variety of programs for
Publication: PR Newswire
Advertising can lure borrowers into risky home loans.(mortgage market in Los Angeles )(Brief article)
CALIFORNIA homebuyers have greatly benefited from a variety of nontraditional mortgage loans that made an otherwise unaffordable housing market affordable. Over the past three-or-so years, prices soared in Los Angeles County and homes quickly became unattainable under the terms of conventional,
Publication: Los Angeles Business Journal
Self-cert clients urged to think Pink in short term.(Pink Home Loans, Mortgage Express, self-certified mortgages )
GOOD rates on self-certified mortgages are available when it comes to short-term packages, according to a mortgage expert. Richard Lishman, partner for Birmingham-based Dickson Lishman Prince, said that despite the softening of the mortgage market, people were still buying and were looking for
Publication: Financial Adviser
Investor to restructure home loans ; Mortgage buyer will help some Fremont clients
Up to 200 homeowners with mortgages from Fremont Investment & Loan will be able to restructure their loans to lower their payments or get money to relocate. Massachusetts Attorney General Martha Coakley said the Fremont borrowers would get relief as part of an agreement the state reached with WMD
Publication: The Boston Globe
NEW PRODUCT - Pink offers cut rate.(Pink Home Loans; Mortgage Express)(Brief Article)
PINK Home Loans is marketing a discounted self-cert product from Mortgage Express. Offering an initial pay rate of 5.59 per cent, the product is discounted by 1.16 percentage points for three years and has an early repayment charge of 3 per cent of the amount repaid for the discount period. After
Publication: Financial Adviser
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