Review Mortgage Lenders

American Mortgage Lender


New FHA Rate Help (US)
Refinance rates are at near Historic Lows
FHARateHelp - US
War Thunder is an free-to-play MMO combat simulator
World of Warships - DE
World of Tanks - DE
Forge of Empires - DE
War Thunder - CA, US, UK
Aion UK
Elsword - All
Rail Nation - DE
NosTale - DE
Forge of Empires - UK

Sun American Mortgage - Reverse Mortgage Lender

Sun American Mortgage is a lender, seller and servicer of the government insured Reverse Mortgage. Over twenty years ago, we closed the first ...

Merrill and PHH to Part Ways; Prosper's Challenge; Training and ...

Research by the Appraisal Institute finds the number of appraisers has declined 22% since 2007 and 60% are over 50 years old. Aging? Yes, nature bats last. Regarding the postponed MBAC conference in South Carolina due to Category 4 Hurricane Matthew, JM asks, “Did anyone else find the theme of the meeting ‘right place, right time’ ironic?” And I was told by a few sources that the Miami Trade Show on Thursday was also cancelled as today and tomorrow will be busy evacuation days for the Florida & Carolina coasts.

Training is the name of the game these days, and sessions or conferences, many of them free, pick up this month and in the near future.

"Fish when they're feeding. Borrowers shop for two weeks, and it is important to be the person that gets their attention during that time.

Utah Lenders Agree to Settlement with DOJ

Utah-based lenders Primary Residential Mortgage Inc. and SecurityNational Mortgage Co. have agreed to pay a total of nearly $10 million in separate settlements with the Department of Justice.

Primary Residential Mortgage agreed to a $5 million settlement, while SecurityNational consented to a $4.25 million agreement. Neither company admitted liability in agreeing to their respective settlements, according to the announcement Monday, and the settlement did not impact their Department of Housing and Urban Development-approved mortgage status.

The settlements address allegations that the two companies violated the False Claims Act by originating and underwriting roughly 200 mortgage loans insured by the Federal Housing Administration that did not meet certain requirements. The Department of Justice noted in its press release that HUD "incurred substantial losses" after paying insurance claims on these loans.

"Today’s settlements resolve allegations that these lenders, entrusted by American taxpayers to abide by FHA rules, failed to comply with certain FHA origination, underwriting and quality control requirements," HUD's Inspector General David Montoya said in a news release. "The settlements demonstrate a continued commitment to address the failures and halt the business practices that potentially harm the FHA program and its participants."