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Mortgage rates, once again, at all time low
JACKSON, MS (WLBT) - Mortgage buyer Freddie Mac reported Thursday that rates have once again struck an all-time low, dropping 10 times in the past 11 weeks.
Read more...Former Sacramento mortgage lender indicted for fraud
SACRAMENTO - The former president of a Sacramento mortgage and lending company was arrested Friday after a federal grand jury handed down a nine-count indictment alleging fraud and money laundering.
Read more...Mortgage-fraud suspect surrenders
A federal magistrate allowed Laura Jean Arvelo to remain free on an unsecured $250,000 personal recognizance bond Thursday, just two days after she was indicted – along with a former Bergen County financing agency chairman – on a litany of fraud charges.
Read more...HUDSON REALTY CAPITAL LLC CLOSES 2.8 MILLION NOTE ACQUISITION FINANCING SECURED BY A 165,150 SF INDUSTRIAL COMPLEX IN ...
STATEN ISLAND, N.Y., September 3, 2010 Hudson Realty Capital LLC recently closed a 2.8 million first mortgage loan secured by an 8.9-acre industrial park in Staten Island, N.Y. The loan was utilized to effectuate the purchase of the existing first mortgage on the property.The collateral features five three-story buildings totaling 165,150 square feet of prime warehouse space in Staten Island....
Read more...HRC Closes on $2.8M Mortgage Loan
NEW YORK CITY-Hudson Realty Capital has closed on a $2.8-million first mortgage loan secured by an 8.9-acre industrial park in Staten Island, GlobeSt.com has exclusively learned. The borrower was not disclosed; the loan was used to buy the existing first mortgage on the property.
Read more...Fannie Mae tries to stimulate market for foreclosed homes
The mortgage giant quietly launches the HomePath program, which offers subprime-era terms for buyers: minimal down payments, no appraisals, no mortgage insurance and lower minimum credit scores. If you're a buyer with little cash or a small-scale investor looking for a deal on a foreclosed house, a little-publicized national lending program could be just what you need this fall.
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