Global State Mortgage receives award (Bureau County Republican) PRINCETON ? Global State Mortgage has been recognized as a 2007 Million Dollar Lender by the U.S. Department of Agriculture?s Rural Development.read more...
Nationwide homes in on 25-year market "Most customers are not interested in locking themselves in for even 10 years, let alone 25." Nationwide Building Society became the first lender to try to cash in on
Weekend Links An interesting post with a nice chart and some good discussion over at Calculated Risk where a portion of mortgage equity withdrawal is subtracted from the consumer spending component of
Wells Fargo Home Mortgage, Dominion Homes Form Joint Venture (Real Estate News) RISMEDIA, March 1 ? Wells Fargo Home Mortgage and Dominion Homes announced that they intend to form a joint venture to originate and fund mortgage loans for customers of Dominion
Mortgage growth 'slowing' (Sake) The annual growth in mortgage advances has slowed for the fourth month in a row, indicating that peak has been reached, says FNB's John Loos.read more...
Mortgage loan risks must be revealed (Honolulu Advertiser) State officials have instructed mortgage brokers and other non-depository lenders to follow new guidelines for informing consumers about risks of nontraditional loans.read more...
James McMullen was sentenced to 38 months in prison for his participation in a mortgage fraud scheme involving dozens of properties in south St. Louis and more than $1 million in losses, U.S. Attorney Catherine Hanaway said Wednesday.
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