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Cornerstone Mortgage - News

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
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
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
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 ...

now reading: Families Struggle to Afford College

Unfortunately, as college costs have soared, the middle class has lost ground economically, driving up the need to borrow for college. And while increased government lending offers the middle class more access to opportunities, it can also create problems. Many middle-income families -- defined here by Pew Research Center as households making between $36,000 and $107,000 in 2014 for a three-person household – are deep in student debt, unable to fully realize the American Dream.

Roughly 70 percent of the Class of 2016 graduated with debt, averaging a record $37,172 per student, based on an analysis by student aid expert Mark Kantrowitz. But parents and older Americans are shouldering more of that debt, on top paying off the loans that many of them took out for their own educations decades ago.

In 2012, Americans over 40 were responsible for one-third of education debt, up from a quarter in 2004 . The rise is in part attributed to borrowing for children’s education, longer repayment schedules, and returning to school after years in the workforce . Pew Charitable Trusts reports that Generation X, those 35-50 years old, carry about the same amount of student debt -- $20,000 – as Millennials, those 34 and younger.

Cornerstone Capital Management LLC Increased Pultegroup INC (NYSE:PHM) by $13.44 Million as Shares Rose

Cornerstone Capital Management Llc increased its stake in Pultegroup Inc (NYSE:PHM) by 18.58% based on its latest 2016Q1 regulatory filing with the SEC. Cornerstone Capital Management Llc bought 746,566 shares as the company’s stock rose 9.03% with the market. The institutional investor held 4.76 million shares of the capital goods company at the end of 2016Q1, valued at $89.15M, up from 4.02M at the end of the previous reported quarter. Cornerstone Capital Management Llc who had been investing in Pultegroup Inc for a number of months, seems to be bullish on the $6.74B market cap company. The stock increased 0.21% or $0.04 during the last trading session, hitting $19.09. PulteGroup, Inc. (NYSE:PHM) has risen 6.53% since November 12, 2015 and is uptrending. It has outperformed by 4.71% the S&P500.

Cornerstone Capital Management Llc, which manages about $2.29 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 731,521 shares to 813,200 shares, valued at $44.91M in 2016Q1, according to the filing. It also reduced its holding in Hunt (Jb) Transprt Svcs Inc (NASDAQ:JBHT) by 338,109 shares in the quarter, leaving it with 487,795 shares, and cut its stake in Palo Alto Networks Inc (NYSE:PANW).

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.