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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 ...

Stock-research Ratings: Cornerstone Total Return Fund, Inc. ((CRF ...

Cornerstone Total Return Fund, Inc. ((NYSE:CRF)) tinted gains of +0.86% (+0.12 points) to US$14.73. The volume of 0.11 Million shares climbed down over an trading activity of 217.57 Million shares. EPS ratio determined by looking at last 12 month figures is 0. Over the same time span, the stock marked US$16.98 as its best level and the lowest price reached was US$13.62. The corporation has a market cap of US$0 Million.

Cornerstone Total Return Fund, Inc. ((NYSE:CRF))’s earnings per share has been growing at a 0 percent rate over the past 5 year when average revenue increase was noted as 0 percent. The return on equity ratio or ROE stands at 0 percent while most common profitability ratio return on investment (ROI) was 0 percent. The company’s institutional ownership is monitored at 0 percent. The company’s net profit margin has achieved the current level of 0 percent and possesses 0 percent gross margin.

Ellington Residential Mortgage REIT ((NYSE:EARN)) is worth US$171.04 Million and has recently risen 0.86% to US$12.97. The latest exchange of 0.1 Million shares is below its average trading activity of 86.65 Million shares. The day began at US$12.88 but the price moved to US$12.85 at one point during the trading and finally capitulating to a session high of US$13.02. The stock tapped a 52-week high of US$15.74 while the mean 12-month price target for the shares is US$14.25.

CU Members Mortgage names 2017 Elite Partners Club winners

According to the Dallas-based CUSO, the winning credit unions’ achievements were based on CU Members Mortgage’s own scorecard process that evaluates its partners’ mortgage department annual performances. This scorecard process was developed to “emphasize how credit unions evaluate the progress, effectiveness, and quality of their mortgage programs.”

The scorecard takes into account factors such as the ratio of purchase loans compared to refinanced home loans, average borrower FICO scores, a low percentage of early payoffs, and a minuscule default ratio. Also, credit unions score points for “innovative marketing initiatives” and for attending educational training sessions.

“It’s always very exciting to announce our annual scorecard winners,” Keith Kasmire, VP of sales for CU Members Mortgage, said in a statement. “It shows us that the market is brimming with loan activity and credit unions are right there in the mix helping their members become financially stable homeowners.”

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.