Toronto Mortgage Brokers

Put 60 Canadian mortgage lenders to work for yourself! By choosing Toronto mortgage brokers you are making a champion’s choice! ... and debt consolidation. ... , lender, trust or insurance company. We also save your time. Applying to different lenders takes [more...]

Date: 2009-01-05 18:09:34

Blog posts (28) | Videos (24)
 

Guest Post: How a Systems Perspective Can Help Financial Reform

With the financial system on the exam table, it has been more than a bit troubling, that certain questions are neglected in serious academic/policy debates. The discussion of possible remedies focuses on regulatory solutions, everything from requiring mortgage brokers to be licensed to increasing financial institution capital requirements and [more...]

Date: 2008-07-13 08:01:32

Two clubs for small mortgage banks; Freddie pushes back 10/1 changes; GMAC steps in to TBW role

  Out here in California, some in the business have been following the case of 28-yr old Garret Gililland III. Originally from the Sacramento area, he was just captured in Spain and brought back to California to face charges of a $100 million mortgage fraud ring. In yet another example of what seems to make the headlines for mortgage brokers, Gililland fled in June 2008 with at least $250,000 in cash. [more...]

Date: 2009-09-28 14:40:26

Want To Refinance? Good Luck

Interest rates are at historical lows so many homeowners are calling banks and trying to get in on the action. Only problem? ... to sales and mortgage data analyzed by Zillow.com, a web-based real estate services firm. Many ... afford the payments. Justin Miller, a broker with Resource Mortgage Group in Plantation, said [more...]

Date: 2008-12-26 19:33:05

Chase pulls out of Wholesale Lending with Mortgage Brokers

I just received this memo from Chase: “Home lending remains an integral part of our firm’s overall financial strategy, and as such, ... -originated loans acquired from Correspondent lenders. Our new strategic direction is supported ... decision, we will no longer accept any new locks and registrations from or purchase any loans [more...]

Date: 2009-01-13 20:24:21

Shopping for Mortgage - Part II

shopping for mortgage. Most lenders are reputable and honest.  Still, before you go with any, it’s a good idea to make sure the firm is on the up-and-up.  Beware lenders or mortgage brokers who ask you to pay stiff fees up front.  Call your state banking department as well as the local Better Business Bureau to find out if any of the lender’s [more...]

Date: 2009-01-10 14:43:44

Grand Mal (from 9-8-2008)

The Feds have seized Fannie Mae and Freddie Mac. Now I’m no financial or economics expert; ... of a car, but I do know that I don’t want my tax dollars paying for someone else’s home. The Turbos ... mortgage broker try to sell us a “teaser rate” loan. We said “NO” — and rented and saved. However [more...]

Date: 2008-12-06 14:05:59

FHA Streamline Refinance – What You Need To Know

September 20, 2009 | By Joe Peters In Finance | Among the many options available to existing homeowners is the FHA streamline program, which is available in all states, including Utah. These types of loans are available by consulting with your local mortgage broker to best deal with your particular home financial details. [more...]

Date: 2009-09-21 01:21:20

Metropolitan Money Store CEO Pleads Guilty

Jennifer McCall, 47, Ft. Washington, Maryland, a chief executive officer of Metropolitan Money Store and owner of JC and JC Investments LLC, ... scheme that falsely promised to help homeowners facing foreclosure keep their homes and repair their damaged credit. According to her plea agreement, McCall was a licensed mortgage broker, … Read [more...]

Date: 2008-12-19 17:12:33

The Consequences Of Devil-May-Care Lending

The Des Moines Register reports from Iowa. “Deb Baker believes she’s one of about 31, ... go to existing homeowners and pitch debt consolidation financing’ with the promise of helping homeowners save ... all of that debt into the mortgage. So, these brokers would align themselves with unscrupulous [more...]

Date: 2008-12-08 15:54:59

Should Mortgage Brokers be paid everything up front?

The following I read on Freakonomics blog. Blog reader Chris Harris raises an interesting question in an email to us: ... of discipline.) We’ve written in the past about my student Zahi (Itzhak) Ben-David’s work on real ... percentage of the value of the loan. This isn’t perfect either, but it might be a step in the right [more...]

Date: 2008-10-19 14:04:20

Mr Mortgage Loan Mod Survey - I Would Appreciate Your Assistance

I need a favor from all of my mortgage broker and home owner friends out there ... done the right way.  I have swung completely over to this side of the fence as regulators, law makers ... is fully re-underwritten using present income and debt levels, prudent 28/36 debt-to-income ratios [more...]

Date: 2009-01-03 16:03:10

Trado opportunities for mortgage brokers and Alex Jones fans

Permalink Page 1 of 444 pages 1 2 3 > Last » Search CreditSuit ... + free credit monitoring Need website to post information where it can NEVER be deleted Video ... My new blog at Trado—Phillips & Cohen collection lawsuit threats Debt Crisis Solutions SCAM— [more...]

Date: 2008-12-06 06:23:00

Policy makes take aim at inflated appraisals

By Les Christie CNNMoney.com NEW YORK (CNNMoney.com) ... was that appraisers, pressured by loan officers and mortgage brokers, kept hyping home values. Not only did homebuyers wind up paying more, but the exotic mortgage products they needed to finance [more...]

Date: 2009-01-14 11:38:44

Lennar sues ex-con who questions O.C. exec’s mortgage

Jaffe (Register photo) Lennar Corp. said today it added an ex-con who became a fraud detective to an existing federal lawsuit, ... since it comes on top of about $5 million in existing debt on the property. He intimates that the loan could be a “disguised kick-back” by mortgage broker Robert Venneri, possibly because Lennar [more...]

Date: 2009-01-15 01:56:17

Are Mortgage Brokers An Endangered Species?

By all accounts it seems the banking lobby will get everything they’ve been ask for from Congress over the past decade and in do so may legislate ... originations carving out a whopping 80% of the retail loan applications. Brokers quickly picked [more...]

Date: 2008-07-13 16:03:14

Pay Cuts and Payday Loans

Laura Glick didn’t used to need payday loans; as a mortgage broker she made a six-figure salary. Then she couldn’t get payday loans because she was unemployed. Now she is looking forward to even more financially trying times as she applies for a job that will pay between $7 and $12 an hour [more...]

Date: 2009-01-15 23:55:57

Close More Loans With a Personal Blog

If you are a loan officer or a mortgage broker, it is very important to exercise every marketing tool available to get your message in front of your customers. This is especially true [more...]

Date: 2009-01-15 19:11:30

Ottawa Mortgages Private for

The liability of the finance brokers differs with one country to another ... . IVAs and Debt Management Government liquidation or liquidise users who have not registered ... in the banking and advance activity, //www. Com for more articles . Do you understand what you just said [more...]

Date: 2008-12-16 21:51:35

Refinancing? Try Pentagon Federal Credit Union (PFCU)

With rates plummeting these days, many people are choosing to refinance ... broker. The winner: Pentagon Federal Credit Union To get a mortgage, you must join the credit union.   You can do this for free if you or a family member served in the armed forces and has proof [more...]

Date: 2008-12-20 07:10:32

Save Time And Money By Using A Free Mortgage Calculator

by James Simmons The following article covers a topic that has recently moved to center stage–at least it seems that way. If you’ve been thinking you need to know more about it, here’s your opportunity. UK mortgage calculators can help to work out the interest burden. Mortgage calculator results are supplied for estimating purposes only and should be verified by your lender of choice. Mortgage Calculator Pro is a quick and easy to use calculator for brokers, realtors, and home buyers. [more...]

Date: 2009-07-23 08:37:20

Save Time And Money By Using A Free Mortgage Calculator

by James Simmons The following article covers a topic that has recently moved to center stage–at least it seems that way. If you’ve been thinking you need to know more about it, here’s your opportunity. UK mortgage calculators can help to work out the interest burden. Mortgage calculator results are supplied for estimating purposes only and should be verified by your lender of choice. Mortgage Calculator Pro is a quick and easy to use calculator for brokers, realtors, and home buyers. [more...]

Date: 2009-07-26 09:25:28

Mortgage rates slide under 5%

Rates on 30-year fixed-rate loans fell across the country for the week ended Thursday to an average of 4 ... Altman, a partner with WestCal Mortgage Corp. in Orange, said homebuyers with good credit and a 20% down ... brokers; could lay off 100 Bad bank assets must be dealt with, Fed chief says O.C. distressed homes [more...]

Date: 2009-01-15 22:02:07

Loan Calculator Tips To Save You Money

Imagine the next time you join a discussion about simple loan calculators. When you start sharing the fascinating loan calculator facts below, your friends will be absolutely amazed. Interest only refinance loans offer the flexibility of lower monthly payments and increased cash flow along with providing tax benefits. If you want the best rates when mortgage refinancing you, nothing beats knowing that you can compare offers from lenders or get different brokers. [more...]

Date: 2009-09-18 09:47:43

Loan Calculator Tips To Save You Money

by Kimberly Eaves This article explains a few things about simple loan calculators, and if you’re interested, then this is worth reading, because you can never tell what you don’t know. Interest only refinance loans offer the flexibility of lower monthly payments and increased cash flow along with providing tax benefits. If you want the best rates when mortgage refinancing you, nothing beats knowing that you can compare offers from lenders or get different brokers. [more...]

Date: 2009-09-19 23:08:59

Loan Calculator Tips To Save You Money

by Robyn Eagan This article explains a few things about simple loan calculators, and if you’re interested, then this is worth reading, because you can never tell what you don’t know. Interest only refinance loans offer the flexibility of lower monthly payments and increased cash flow along with providing tax benefits. If you want the best rates when mortgage refinancing you, nothing beats knowing that you can compare offers from lenders or get different brokers. [more...]

Date: 2009-09-24 17:59:37

Credit Score Disclosure

Pulling a credit score is one of the first things a mortgage planner does before submitting your application to a lender.Once the score is obtained, clients often wants to know what their score is.  What many don’t realize is that mortgage planners generally can’t tell them.Equifax, the main credit bureau in Canada, has very strict rules that restrict brokers from disclosing credit scores to borrowers.  Brokers who violate this policy are subject to termination of their license from Equifax—not [more...]

Date: 2009-09-29 07:06:00

Are greedy wolves making government-insured mortgages?

Now that subprime is a dirty word and Wall Street firms are no longer making securities backed by loans to people with low credit scores, brokers and bankers are filling the void with a little help from Uncle Sam. They are making loans ... FHA, which is meant to expand credit to folks of modest means? John Courson, president of industry [more...]

Date: 2009-01-15 11:00:45

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