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Credit Crunch Drives Mortgage Brokers Towards Fraudulent Deals With Buyers (FOX 61 Chattanooga)
An exclusive Sky News investigation has found evidence of mortgage brokers misleading lenders and arranging loans they know buyers cannot afford.
Mortgage rates rise and lenders get strict (Bankrate.com)
Every time you fill the gas tank, you get a lesson in why mortgage rates are rising. Mortgage rates went up this week because prices for fuel and food keep moving higher and higher. The fear is that prices for everything else will get kicked upward, too.
Freddie Mac Adding New Vista Asset Management Brokers to Network of Real Estate Professionals Selling HomeSteps(R) Homes (PR Newswire via Yahoo! Finance)
Freddie Mac's HomeSteps® is adding the New Vista Asset Management network of multicultural real estate brokers to its existing national network of real estate professionals to market HomeSteps' inventory of Real Estate Owned homes.
Abbey raises mortgage rates (BBC News)
Abbey reverses recent cuts in mortgage rates, as it and the Woolwich raise the prices of some new deals.
Eddie Goldsmith (Money Marketing Online)
Goldsmith Williams is a familiar name in the mortgage broking market. The law firm is one of the biggest providers of conveyancing services to brokers but joint founder and senior partner Eddie Goldsmith says the move into conveyancing came more by accident than design.
Asda likely to offer mortgage services to customers (Banking Business Review)
Asda is reportedly holding talks with three brokers to offer mortgage facility to its customers, by the end of 2008. If its plans materialize, Asda will become the second supermarket chain in the UK to offer mortgage service after Tesco.
Core Mortgage Group, LLC Selects Guardian Mortgage Services (GMS) to Provide Outsource Fulfillment Services for Back ... (Centre Daily Times)
While some lenders are closing their doors or downsizing divisions, Scottsdale, Ariz.-based Core Mortgage Group, LLC, has made a commitment to grow by selecting Guardian Mortgage Services (GMS) to provide closing and post-closing services to support its retail operations. GMS, a national provider of back-office outsource closing services for lenders, is a division of Colorado-based Guardian ...
Brokers see rise in high-net-worth mortgages (Money Marketing Online)
Over a third of brokers have seen an increase in the number of mortgages they arrange over £500,000 in the past few years, according to Bank of Scotland. ...
Core Mortgage Group, LLC Selects Guardian Mortgage Services (GMS) to Provide Outsource Fulfillment Services for Back ... (Business Wire via Yahoo! Finance)
DENVER----While some lenders are closing their doors or downsizing divisions, Scottsdale, Ariz.-based Core Mortgage Group, LLC, has made a commitment to grow by selecting Guardian Mortgage Services to provide closing and post-closing services to support its retail operations.
HOUSING: Jumbo loan rates fall dramatically (North County Times)
Expected to be one of the most important aspects of the president's economic stimulus package, an increase in loan limits has finally trickled through the market into lower interest rates for large mortgages, several mortgage brokers said.