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Rise in 1st-time UK homebuyers
Bloomberg LONDON (Bloomberg)—The number of U.K. first-time homebuyers climbed to the highest in more than six years in December as the economy improved and people took advantage of the government's Help-to-Buy mortgage program, LSL Property 

AG wants to spread word about mortgage assistance
“We wanted to raise awareness and encourage people to take advantage of these funds,” Horne said. Palmer stressed one of the issues brought up during the meeting held at the Cochise College building was that realtors may not be The latter is a

Home Equity Loans Regain Popularity as Home Values Rise
“Gains in vehicle loans and fixed-rate 1st mortgages accounted for 87% of the $41 billion annual gain. Expect annual gains to average 7.0% through 2016 with a balance of consumer and real estate secured lending.” While the Stefani Moore, manager of

New bank grabbing talent
Indiana-based 1st Source, Lake City and Salin banks will also be in the hunt for new customers. And don't forget STAR and iAB Financial banks – both are based in Fort Wayne. That hometown tie was Tower's strongest selling point. But First Financial and

1st Advantage Mortgage - Rates 06-30-2008

Paul Lueken discusses the direction rates are heading over the summer and beyond.

At the Mercy of Creditors: Liability of Co-owners in Hong Kong's Multi-storey Buildings

(The "Judgment").

In this case, the Plaintiffs were the liquidators of the Incorporated Owners (IO) of the subject building. The Defendants were two of the owners of the building. Expensive refurbishment work was performed on the building before 2009, and the IO found itself unable to pay the fees of the construction company. The IO was wound up with unpaid debts of some HK$3.6 million.

In order to settle the said debts and liabilities, the Plaintiffs had previously taken steps to recoup contributions from the owners of the Building according to their respective shares in the Building. A substantial number of owners of the Building (including the 1st and 2nd Defendants) had failed to make their contributions to the refurbishment work. The Plaintiffs then obtained leave from Harris J to commence proceedings against each and every owner of the Building, including the present proceedings against the 1st and 2nd Defendants, seeking a declaration that the 1st and 2nd Defendants shall be jointly and severally liable for all the debts and liabilities of the IO and an order for payment of some HK$3.6 million. The 2nd Defendant is the father of the 1st Defendant, and was of advanced age and could not appear in court. The 1st Defendant, acting in person, appeared and argued that they should not be liable and questioned the sum payable for the refurbishment work and the apportionment of such sum amongst the owners of the Building.

1st Advantage Mortgage Originators Ranked by Mortgage Executive Magazine

LOMBARD, ILL, Feb. 18, 2016 (GLOBE NEWSWIRE) -- via PRWEB - 1st Advantage Mortgage, a Draper and Kramer company, one of the top 100 Mortgage Bankers in America, has once again had a number of originators listed in Mortgage Executive Magazine's top originator rankings.

Suren Sampat, from the company's Naperville, IL branch office, was named the #117 loan originator in the nation, according to the prestigious top 200 mortgage originator list , published last week. As a top producing loan officer for more than 20 years, Sampat originated $101.2M in mortgage loans in 2015 with 320 units closed. He has continued to achieve a high level of production due to his stellar reputation, as 100% of his business comes from referrals from satisfied clients. Sampat has been with 1st Advantage Mortgage for 12 years.

"I've been fortunate enough to work with many talented individuals at 1st Advantage over the years, who help me look good and close loans fast," stated Sampat. "I'm excited to continue to grow with 1st Advantage, and look forward to a prosperous 2016."

Is there an advantage to paying my mortgage payment on the 1st instead of the 10th of the month?

I currently pay my mortgage payment on about the 10th of the month> I'm wondering if I am paying any more interest by not paying it on the 1st when the bank says it is due, but not late.

Yes you are paying more interest when you pay it late. The principle is not decreasing until the 10th. So interest is being charged on that full amount from the 1st to the 10th.