Mortgage audit won't help loan modification
Most people facing foreclosure simply want to get reduced payments so that they can afford to keep their homes. Mortgage audits, supporters contend, can help by uncovering mistakes or legal violations in loan documents, giving homeowners a bargaining chip in negotiations with lenders.
Read more News Source - Bankrate.com
Publish date - 14:13:44 03/11/10

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Mortgage audit won't help loan modification
An audit may find the lender to be at fault, but not necessarily amenable to a loan modification.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 12:47:47 03/11/10

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Mortgage Rates on 30-Year U.S. Loans Fall to 4.95% (Update2)
March 11 (Bloomberg) -- Mortgage rates in the U.S. declined for a second consecutive week as the number of home-loan applications rose. The rate for 30-year fixed mortgages fell to 4.95 percent for the week ended today from 4.97 percent, Freddie Mac said in a statement.
Read more News Source - Bloomberg
Publish date - 15:52:45 03/11/10

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Long-term mortgage rates down slightly
WASHINGTON, March 11 (UPI) -- Average interest rates for 30-year, fixed-rate mortgages held under 5 percent in the week ending March 11, the U.S. Federal Home Loan Mortgage Corp. said.
Read more News Source - UPI
Publish date - 16:29:07 03/11/10

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Mortgage rates remain below 5%, fall to 4.95%
Mortgage rates held below the 5% threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.
Read more News Source - USA Today
Publish date - 16:48:32 03/11/10

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Jersey City officer accused of lying to bank to get mortgage, FBI says
Brian Ragauckas admitted to the FBI that he intentionally left his Secaucus property off the mortgage application because he thought he wouldn’t qualify for the loan if he listed it, according to the release.
Read more News Source - The Record and Herald News
Publish date - 23:54:01 03/10/10

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Owner of Legacy Lending pleads guilty in $20 million mortgage scam
On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.
Read more News Source - Osseo-Maple Grove Press
Publish date - 07:38:51 03/11/10

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Central bank asks for mortgage loan details from lenders
The central bank yesterday requested that local banks provide details on mortgage loans for regular borrowers and real estate investors within three days, including loan-to-value (LTV) ratios, loan interest rates, debt-to-income ratios and grace periods.
Read more News Source - Taipei Times
Publish date - 16:43:47 03/08/10

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Turner Foundation sued by PNC over Tecumseh Recreation Center mortgage
SPRINGFIELD - PNC Bank is now setting its sights on the Turner Foundation for repayment of the $1.13 million mortgage loan still outstanding on the Tecumseh Recreation Center.
Read more News Source - Springfield News-Sun
Publish date - 23:24:09 03/10/10

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Mortgage Rates Remain Below 5 Percent
Rates on 30-year fixed mortgages fall to 4.95 percent, weeks before Fed exit Mortgage - United States - Business - Financial Services - Connecticut
Read more News Source - ABC News
Publish date - 16:46:41 03/11/10

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