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April 02, 2015
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Second Mortgage Loans
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Second Mortgage Loans

MortgagePIG home loans is a great resource for all your Home Loans. We can provide you with information on how to get the best rates and find the best program for you. If you have not already done so, you can fill out the form above and recieve additional information regarding your home loan, including rates and what your monthly payment would be from premium lenders around the country.

Real Estate and Home Loan News



Edina Realty Mortgage Incents Pre-Approved Borrowers to Get a Second Opinion
Benzinga
On April 1, Edina Realty Mortgage will roll out a "Second Opinion" campaign, in which borrowers who are already pre-approved for a mortgage can receive a $50 reward card when they speak to an Edina Realty Mortgage loan officer and provide their good ...

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Leader In Residential Mortgage Fraud Scheme Sentenced To 57 Months In Prison
LoanSafe (registration) (blog)
In the second scheme, between April and July 2008, real estate agent Nsane Phanuel Ligate conspired with Carmen Johnson and others in a similar mortgage fraud scheme involving two properties in Baltimore, resulting in losses to HUD and the lender of ...

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Mortgage policies easing to help boost lending
ecns
The mortgage policy relaxation will boost the lending business of banks, as the demand for housing mortgage loans will go up," said Li Peijia, a researcher with the Institute of International Finance at Bank of China Ltd. ... Commercial banks can lower the down payment requirements for buyers of second homes to 40 percent from 60 percent, according to the announcement made by People's Bank of China, along with the China Banking Regulatory Commission and the Ministry of Housing and Urban-Rural ...

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HousingWire

Costs up, profits down: Closing a mortgage gets more expensive
HousingWire
The cost of originating a mortgage, which was once called ridiculous and astronomical, picked up in the second and third quarters of 2013, but now the business is starting to give back some of those gains. Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $744 on each loan they originated in the fourth quarter of 2014, well down from a reported gain of $897 per loan in the third quarter of 2014, the Mortgage Bankers Association reported today in its Quarterly Mortgage ...

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Supreme Court Takes Second Look at Second Liens
National Mortgage News
The corporate loan market is paying close attention to two high-profile lawsuits involving residential mortgages. At issue is whether a loan with a secondary lien on a debtor's asset can be stripped down to the value of the collateral securing it — even if that ...

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