Review Mortgage Lenders

Avenue Mortgage

Avenue Mortgage Corporation

David Pendley, President of Avenue Mortgage describes his passion for lending for over 25 years.

Arizona veteran receives mortgage-free home

An Arizona veteran with PTSD received a surprise of a lifetime, thanks to the generosity of several groups.

Marine Corps veteran LCpl. Graham Dorsey was given a mortgage-free house for his family in Phoenix on Friday.

"I want to recognize you and give you the keys to your home. I think it offers the opportunity for you folks and it makes our community stronger," said Benito Almanza, Arizona president at Bank of America as he gave the keys to Dorsey.

He had no idea that he was getting a new home. He said he and his wife and kids were looking for a new place to live.

"It fills your heart with joy to know that support's out there for us. It's amazing," said Dorsey.

He joined the Marines after 9/11. He did a tour in Kuwait and Fallujah, where he saw one of his best friends get killed by a sniper. He was honorably discharged in 2006 but became homeless due to his PTSD, back injury and traumatic brain injury. He spent three months as an inpatient at a hospital in California.

Former Qatari prime minister acquires Plaza Hotel mortgage

Ashkenazy later acquired the Grosvenor House in London for $750 million from Subrata Roy's Sahara India Pariwar , which also owned a stake in the Plaza Hotel. Meanwhile, a Pinnacle subsidiary claimed the role of senior lender to the Plaza Hotel, giving HBJ the opportunity to use the mortgage to fund a potential bid for the property. Sandeep Wadwa, head of corporate finance for Sahara India Pariwar, told The Real Deal, “Ashkenazy was able to buy the Grosvenor House and HBJ was willing to buy the mortgage” on the Plaza Hotel and Dream. While other investors bid higher, Al Thani offered “a solution that no other transaction in isolation was giving us.” 

Fewer than 10 bids for a 75-percent stake in the Plaza Hotel have been sent over to Sahara India Pariwar—none of which were sent by Al Thani, Ashkenazy or Alwaleed— Wadhwa explained. “We have a great relationship with the lender Al Thani," he said. "We are very neutral as to whether they buy it or someone else buys it. As long as we get the best price.”

Mortgage Assistance? With the multitude avenues reported in the news about mortgage relief, where is the best?

source of information. I am not in default of my mortgage. My payments have never been late. We have been in this house for 5 years. We have an interest rate of 5%.

Absolutely NOTHING. Your loss of value is intangible and Zillow posts a warning that their estimates are not guaranteed. Enjoy your home and stop worrying.