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Cornerstone Mortgage


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Cornerstone Mortgage - News


Property Transactions for Jan. 26
http://www.timesleader.com/news/local/1136109/Property-Transactions-for-Jan.-26
End Blvd., Bear Creek Township, $105,000. • Deutsche Bank National Trust Company, Ameriquest Mortgage Securities Inc. and Homeward Residential Inc. to Nicholas E. Belfino and Christine S. Giuliano, 55 Kingswood Drive, Dallas Township, $140,899.

Reverse-Mortgage Rule Changes Draw Professor to the Business
http://www.businessweek.com/articles/2014-01-23/reverse-mortgage-rule-changes-draw-professor-to-the-business
Columbia Business School professor Christopher Mayer is so sure reverse mortgages can be a cornerstone of responsible retirement planning that he's gone into the business. “It's an enormous underserved market,” says Mayer, who is teaching fewer 

A snapshot of 2013 activities in the Sheriff's Office
http://www.walkermn.com/opinion/article_919eeca0-8537-11e3-9f9c-001a4bcf887a.html
Minnesota TZD is the state's cornerstone traffic safety program, employing an interdisciplinary approach to reducing traffic crashes, injuries and deaths on Minnesota roads. The TZD program uses data to target areas for improvement and employ proven

Prospectus offers peek at Amalfi mortgage
http://www.marinacityonline.com/news/mortgage0123.htm
Prospectus offers peek at Amalfi mortgage The previous owner, Cornerstone Real Estate Advisors, LLC, paid $50 million for the Amalfi in 2007. The hotel struggled during the recession and missed payments on a $37 million mortgage. It was less of a struggle in 2010 after the loan was restructured.

Cornerstone Mortgage Group Part 1 of 3 2009 Mortgage Market Forecast

Cornerstone Mortgage Group presents a 2009 mortgage market forecast on there prediction of how the next 2009 year will turn out. Hosted by Michael ...

SmartFinancial Reports Second Quarter Results

Billy Carroll, president and CEO said, "We are pleased with the results of our first full quarter as with a single merged bank. Our organic loan growth increased over 17 percent annualized this quarter and at the same time we were able to increase yields of the loan portfolio. Core deposit growth kept a good pace, and as a result we were able to further reduce external borrowings. We are starting to realize merger efficiencies as salary and employee benefit costs decreased slightly quarter to quarter, and we expect further efficiencies in the coming months. We’ll remain focused on fundamentals and strengthening our foundation to support organic growth and increased earnings.” 

SmartFinancial's Chairman Miller Welborn concluded: "It is exciting to see the synergies of the merged bank materialize with accelerated loan growth and core deposit growth, which will add long term value to the franchise. We are executing on our goals of being a best place to work, a great place to bank and especially rewarding for our shareholders.

Dime Community Bancshares Inc. (DCOM) Position Increased by ...

BlackRock Fund Advisors boosted its stake in shares of Dime Community Bancshares Inc. (NASDAQ:DCOM) by 0.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,001,167 shares of the company’s stock after buying an additional 18,711 shares during the period. BlackRock Fund Advisors owned about 5.45% of Dime Community Bancshares worth $35,261,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC raised its position in Dime Community Bancshares by 9.2% in the fourth quarter. Mutual of America Capital Management LLC now owns 209,890 shares of the company’s stock valued at $3,671,000 after buying an additional 17,765 shares during the last quarter. Cornerstone Capital Management Holdings LLC. raised its position in Dime Community Bancshares by 123.1% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 81,661 shares of the company’s stock valued at $1,428,000 after buying an additional 45,061 shares during the last quarter. Polaris Capital Management LLC raised its position in Dime Community Bancshares by 22.9% in the fourth quarter. Polaris Capital Management LLC now owns 985,689 shares of the company’s stock valued at $17,240,000 after buying an additional 183,570 shares during the last quarter. Pear Tree Advisors Inc. purchased a new position in Dime Community Bancshares during the fourth quarter valued at about $1,695,000. Finally, Citadel Advisors LLC raised its position in Dime Community Bancshares by 48.8% in the fourth quarter. Citadel Advisors LLC now owns 90,634 shares of the company’s stock valued at $1,585,000 after buying an additional 29,721 shares during the last quarter.

What Mortgage Lenders/Banks should I avoid?

We're buying our first home. I'm checking rates at Bankrate and finding a lot of choices. I'm tempted to apply to the lowest APR. Should I be avoiding any of these companies listed below? My credit union has a much higher rate than any of these.


Quicken, Everbank, and Compass are names I know.

But... be careful - they are pushers of things that are Evil.
They will try to scam you into variable loans, ARMs, 5/1's, 5/5's.