Ex-mortgage broker convicted in $2.4M mortgage scheme

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Real estate investment trusts made an impressive mark in 2012 and as a result of continuous positive fundamentals as well as low interest rates, REITs are expected to generate double-digit returns.

South Florida Veteran Receives Mortgage-Free Home U.S. Army Specialist Daniel Dumas was handed the keys to his new mortgage-free home during an Operation FINALLY HOME dedication ceremony held May 24 in Little Elm. The ceremony marked the 145 th home dedication for deserving veterans through the Operation FINALLY HOME program. The home – the Plantation Homes’ Kilgore II design – was the third McGuyer Homebuilders Inc., (MHI), has built for the organization.

New issuance in the private-label mortgage market remains spotty, totaling $5 billion in 2012. But with stable mortgage rates and continued improved underwriting, the economics of securitization is.

Fury noted that the prosecution’s key witness, William Barksdale, a convicted Levittown mortgage broker who had McGhee misstated her income to the mortgage company to obtain a mortgage on Fryar’s Springfield Township house, to retrieve it from foreclosure.

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Choosing a mortgage broker might seem like a no-brainer if you go with whoever quotes you the lowest rates and fees. Here are four important questions you should ask when evaluating mortgage brokers: 1. How does your application process work?

A mortgage loan or, simply, mortgage (/mrd/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

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Mortgage Broker Indicted In $2.2 Million Loan Fraud And Kickback Scheme. SAN DIEGO – Donald V. Totten, an unlicensed mortgage broker who operated a mortgage brokerage business from Rancho Santa Fe, was indicted today by a federal grand jury.