System promises savings on mortgage payments (Miami Herald)
Juan Hernandez said he'll pay off the 30-year mortgage on his Miami house in less than five years and save about $589,000 in interest. Miami Lakes resident Karyann Padron plans to pay her home loan in 15 years or less. Her estimated savings on interest: $150,000....more...American Guardian Financial Group Announces Retail Division: Loan807 (Business Wire via Yahoo! Finance)
LAKE FOREST, Calif.----American Guardian Financial Group, Inc., a financial services provider that owns American Guardian Home Loans, a leading wholesale mortgage lender specializing in prime, Alt-A and non-prime products, today announced the formation of Loan807, a retail mortgage call center origination channel....more... Housing Bubble and Real Estate Market Tracker (SeekingAlpha via Yahoo! Finance)
A roundup of articles and data about the housing market....more... Fixed-Rate Jumbo Reverse Mortgage Introduced for High Value Homes (Senior Journal)
May 16, 2007 ? A new reverse mortgage product, Prime Advantage, has been designed to suit the needs of older Americans with higher-value homes who want access to more cash than a traditional reverse mortgage provides and the added financial certainty of a fixed interest rate for the life of the loan, according to BNY Mortgage....more... The Home Buying Process: Step by Step (Wellsville Daily Reporter)
(ARA) - Buying a home can be a very intimidating process, especially if you've never done it before. So the first thing you should do before you start is to figure out whether owning a home is right for you....more... The Raptors (GoldSeek.com)
Use the above link to subscribe to the paid research reports, which include coverage of several smallcap companies positioned to rise like a cantilever during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces....more... Builders move homes by taking trade-ins (The Arizona Republic)
Having trouble selling your house so you can buy that new dream home? No worries. Some builders will let you trade in the old place as part of the deal for a new one.{l} Reagor's Real Estate blog{s}Slideshow: Pricest Home Sales of 2007...more... BNY Mortgage Offers First Fixed-Rate Jumbo Reverse Mortgage (PR Newswire via Yahoo! Finance)
BNY Mortgage, an EverBank Company, is now helping homeowners age 62 and older with higher-value homes achieve greater financial security and peace of mind with the introduction of Prime Advantage, the first fixed-rate jumbo reverse mortgage....more... High roller of home loans (Orange County Register)
Over five years, Quick Loan Funding wrote $3.8 billion in mortgages to people with shaky credit....more... |