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Defendants Bilk Lenders, Seniors in Georgia Reverse Mortgage Fraud Scheme
http://reversemortgagedaily.com/2014/01/15/defendants-bilk-lenders-seniors-in-georgia-reverse-mortgage-fraud-scheme/
Defendants Bilk Lenders, Seniors in Georgia Reverse Mortgage Fraud Scheme Two defendants were charged Friday for their roles in a reverse mortgage fraud scheme that targeted elderly homeowners in Georgia. The defendants, Edmund Chatham, of Roswell, Ga., and Steven Connelly, of Alpharetta, Ga., were indicted on one count of 

Foreclosures down by 61% from last Jan.
http://cherokeetribune.com/bookmark/24452537-Foreclosures-down-by-61-from-last-Jan-
Those include the slowly falling unemployment rate and the fact mortgage companies have more options to work with borrowers. Another factor is the market is no longer dealing with pending foreclosures, which had previously been stalled in litigation

Georgia Reverse Mortgage Fraudsters Charged, Ibis Rolls Out New Programs
http://reversemortgagedaily.com/2014/01/21/georgia-reverse-mortgage-fraudsters-charged-ibis-rolls-out-new-programs/
recent study that explores why consumers take adjustable rate versus fixed rate loans. And looking to the fraud story, Hicks tells all about a scam in Georgia that targeted reverse borrowers and bilked both lenders and the federal government in the

Industry Veteran Clay Cornett to Lead ALAW Sales Efforts
http://www.sacbee.com/2014/01/24/6098587/industry-veteran-clay-cornett.html
24, 2014 -- /PRNewswire-iReach/ -- ALAW, the premier provider of legal services for the mortgage banking industry, today named industry veteran Clay A. Cornett to lead the Firm's sales and business development efforts in as executive vice president of

Bad credit mortgage lenders Atlanta GA, Debt settlement agency Florida, Debt negotiation

www.getcredithealthy.com As seen on NBC News - consumer help and BBB Accredited. Get Credit Healthy uses the best practices in lending! Their ...

Subprime loans – should you take the risk?

Subprime Loans are Back

Since the housing crisis began over a decade ago, subprime mortgage loans basically disappeared thanks to regulatory actions from government and self-preservation for both lenders and borrowers. The effects of borrowing more than you could safely afford to repay became obvious to all parties.

Subprime mortgage loans have been making a slow comeback over the last decade, driven by years of pent-up consumer demand and lending institutions competing for more business.

If you have borderline or poor credit (credit scores in the 580-669 range or below), lenders are devising new ways to offer you a mortgage loan. Are you ready to take advantage of these offers and, even if you are, is a subprime loan the best choice for you?

Increased Risk But Greater Scrutiny

Data from the Mortgage Bankers Association (MBA) shows that during the first quarter of 2007, approximately 13% of all residential mortgage loans were subprime loans totaling almost $115 billion, according to the Federal Reserve. By the end of 2017, the subprime loan volume decreased more than fivefold to $20.4 billion.

Georgia Mortgage question...please help- Lenders and Realtors.?

If my credit score is Low can I get a home loan? See, I got a pre-approval letter for a home loan and was...quite surprised. 2 years ago a lender said I couldn't finance a pack of pencils. So How did I get a pre-approval letter?


Your pre-approval depends on how you got it.