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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 ...

Quality Cash Market, a cornerstone corner store in East Concord, is saved from foreclosure

On Tuesday morning, when a foreclosure auction had been scheduled on the steps of the Quality Cash Market in East Concord, something completely different happened.

Instead of an auctioneer, it was store manager Liz Duncan’s daughter, Juli, who represents the fourth generation in the family business, standing there on Eastman Street, holding a sign that announced the auction was canceled.

Inside, the cornerstone corner store offered a celebratory special: coffee and doughnuts for 40 cents apiece, to mark nearly 40 years in business and, hopefully, another 40 to come, Duncan said.

With the financial help of “some really awesome family members,” she said, the Quality Cash Market warded off the foreclosure that threatened to shutter one of the city’s few remaining mom-and-pop grocery stores and deprive the East Concord village of its favorite specialty meat shop.

“There is no mortgage. There is nothing. It’s been 100 percent paid off,” Duncan said, declining to divulge exactly how much was owed. “To me, it’s a lot of money.

HomeStreet Inc (HMST) Stake Raised by Cornerstone Capital ...

Cornerstone Capital Management Holdings LLC. raised its stake in HomeStreet Inc (NASDAQ:HMST) by 33.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 255,648 shares of the financial services provider’s stock after buying an additional 63,414 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.95% of HomeStreet worth $7,145,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. New Amsterdam Partners LLC NY increased its position in HomeStreet by 0.3% in the third quarter. New Amsterdam Partners LLC NY now owns 212,685 shares of the financial services provider’s stock valued at $5,330,000 after buying an additional 571 shares in the last quarter. Investment Counselors of Maryland LLC increased its position in HomeStreet by 0.9% in the third quarter. Investment Counselors of Maryland LLC now owns 692,344 shares of the financial services provider’s stock valued at $17,350,000 after buying an additional 6,005 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new position in HomeStreet during the third quarter valued at approximately $221,000. Citadel Advisors LLC increased its position in HomeStreet by 127.8% in the third quarter. Citadel Advisors LLC now owns 23,804 shares of the financial services provider’s stock valued at $597,000 after buying an additional 13,354 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in HomeStreet during the third quarter valued at approximately $14,658,000. Institutional investors and hedge funds own 71.62% of the company’s stock.

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.