Review Mortgage Lenders

Active Mortgage Corp

S&P 500 Index Huge Put Buying Options Trading Active Buying on the 1170 Puts and 1200 Calls Chart S&P 500 Index Huge Put Buying Options Trading Active Buying on the 1170 Puts and 1200 Calls Chart. HUGE DROP in the ...

Builders Capital Mortgage Corp. Reports 2017 Fourth Quarter and Full-Year Results

“Our fourth quarter financial performance continued to reflect lingering impacts of the lengthy downturn in Alberta’s economy,” said Sandy Loutitt, President of Builder Capital. “While topline results strengthened slightly, our earnings were negatively affected by a block of unproductive inventory assets resulting from foreclosures in 2017.  Despite this impact, our share structure continued to work as intended, with Class A shareholders receiving their full, planned quarterly dividend both in the fourth quarter and for the full year.”

The company was also successful in increasing its mortgage portfolio by 20.4% in 2017 as a result of a number of financing initiatives. These included raising $2.6 million in new capital during the year, increasing the available limit on its line of credit by $1 million, and securing a $1.3 million loan against property held for resale.

“These funds have since been invested into profitable mortgages, which going forward, will help to mitigate the negative impact that unproductive assets have on earnings.  Even with the increased financing, our debt-to-equity remains very conservative at approximately 22.3%,” added Loutitt.

Jason Berg of Teaneck Opens Bergen County Branch of Absolute Home Mortgage Corp.

Jason Berg of Teaneck has been tapped by Absolute Home Mortgage Corp. to be the branch manager of its new Bergen County office in Hackensack. A 13-year veteran of the mortgage industry, Berg is well known by realtors and buyers who laud his ability to make and close loans quickly while earning their trust and confidence.

There’s a big mountain to climb between finding a home to buy and taking ownership. A good loan officer walks a client through the process from beginning to end, according to Berg. He himself gets high marks on that score from clients. “Buying a house can be very stressful,” said Maytal Perl, who has bought two homes with Berg. “Jason goes above and beyond; he helps with everything, every aspect of the purchase. He referred us to all the right people—a lawyer, contractor, even a plumber and handyman. He’s honest, reliable and when he’s busy, he’ll always call back.”

Berg helps potential homebuyers who are referred to him determine affordability and assess their qualifications for a mortgage. He began his career as an underwriter so he knows how mortgages are made, giving him an edge over competitors. “Each person’s financial picture is different,” said Berg. “With so many different types of mortgages available, a loan officer has to ask all the right questions to give homebuyers advice and guidance on which product to choose.” He also has to be aware of any problems that could derail the mortgage. “I ask a buyer questions to find the red flags,” Berg added. “I need to find out up front if there is something that might disqualify the loan so we can figure out options to help him qualify.”

In Pro Per Please. american home mortgage servicing Inc. is got me in active foreclosure?

i have a mortgage servicing company that is saying i haven't paid 18 payments and i am in active foreclosure at the present time, my question is besides the fact that i have paid every payment except in Sept , Oct.

You need to get in touch directly with their legal department, not the bozos they hire to answer the telephones.