Ethics In the Mortgage Industry
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Ethics In the Mortgage Industry

Recently in an open discussion a mortgage broker I know  Fred Glick said, “I just had a wholesale mortgage lender call and tell me proudly that his company approves FHA loans a credit score as low as a 545.” “I explained to him that when people with such low credit ratings get these loans and…

State of the SF Bay Area Real Estate Market and Loans – January 2012
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State of the SF Bay Area Real Estate Market and Loans – January 2012

Due largely to the lagging economy and the Euro crisis, Mortgage Rates remain at record lows to begin the year with the Avg 30-Yr fixed mortgage being at 4.18%, a # that is right between the low of 4.13% we saw at the beginning of October and the 4.23% Avg we saw throughout most of…

Mortgage Scams How to Spot and Avoid Home Loan Fraud

It might not always be easy to spot mortgage scams. However, it can help to know some of the warning signs to look out for. Below are six red flags that might indicate you could be dealing with home loan fraud or mortgage scam: A company tries to pressure you to sign over the deed to…