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Northeast Ohio mortgage lenders 'scrambling' to meet federal deadline
Local mortgage lenders are ringing in 2014 with staff training and system changes so they are ready for this Friday, Jan. 10, when a federal rule goes into effect that requires them to assess whether a borrower can repay a home loan and offers them

Is It Ever Wise to Make Early Withdrawals From Your 401(k)?
Most companies match an employee's contributions, dollar for dollar, up to a certain percentage. As of 2013, the most that an But what if real-life needs intrude - such as mortgage payments, or a child's college education or credit card debts - and

Mojo - January 2014
Mojo - January 2014 Last summer, when Ariel Castro was on trial in Ohio for kidnapping, sexual assault, and murder, he made an unusual request to the judge: He wanted parental rights to visit the six-year-old daughter he had conceived through rape. Given the magnitude of

The bank was among the major lenders that sold mortgage-backed securities that plunged in value when the housing market collapsed in 2006 and 2007. This month, the bank reached an agreement to pay $1.7 billion to settle criminal charges stemming from 

Warren Youngstown Ohio Mortgage Lenders Brokers Home Loan

If you're looking for a mortgage lender, broker, or home loans in Warren or Youngstown Ohio, this video is for you! Don't apply for a loan ...

Low Interest Rates Fuel Mortgage Market

“We’re pushing that 4% threshold on a 30-year fixed, which is probably half a percent lower than where we started the year,” Lucarelli says.

The weekly average mortgage rate, according to the Freddie Mac survey, hasn’t increased since April 25, when the rate was 4.2%.

“Mortgage rates went up pretty significantly starting about November, then through February. Since then, they’ve been going down rapidly. My comment at this time is almost identical to my comment last year,” says Bill Fulk, vice president of lending at 717 Credit Union.

“Business has been fantastic for us,” he told The Business Journal a year ago.

Looking down the road, many expect rates to remain low for the remainder of the year, if not longer. And although there are clouds on the horizon forecasting an economic downturn – experts from around the world have been pointing to signs that range from bond yields to employment rates to the gap between retailer’s stock prices and consumer confidence – the lenders say that, if anything, could drive rates lower.

Senators: Decision to halt FHA lending to DACA recipients is unacceptable

WASHINGTON — A group of Senate Democrats have called on Department of Housing and Urban Development Secretary Ben Carson to reverse his agency’s opinion that borrowers in the Deferred Action for Childhood Arrivals program are ineligible for Federal Housing Administration loans.

Sen. Sherrod Brown, D-Ohio, the ranking member of the Senate Banking Committee, and fellow committee members Sens. Bob Menendez, D-N.J., and Catherine Cortez Masto, D-Nev., were joined by Sen. Cory Booker, D-N.J., in admonishing HUD for halting the Obama administration’s practice of lending to young immigrants who were brought to the U.S. illegally before they were 16.

The Trump administration previously denied that DACA recipients were ineligible following reports by BuzzFeed and HousingWire last year that mortgage lenders were being told to reject applicants subject to the immigration policy for FHA loans.

But in a June 11 letter to Rep. Pete Aguilar, D-Calif., HUD Assistant Secretary Len Wolfson said that "because DACA does not confer lawful status, DACA recipients remain ineligible for FHA loans.”

what mortgage lenders are most flexible in cincinnati ohio?

My mother is on a fixed income of only 610 per month on top of that she has a credit score of only 560 she lives in a mobile home that is very dangerous , mold, electrical problems, holes, etc.

her income isnt the problem, i assume since shes on a fixed income its social secuity which can be "grossed up" to 125% which = $762.

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