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Today in History
Tag Archives: Loan
Two congressmen have introduced a bill that would permanently ban using Fannie Mae and Freddie Mac guarantee fees to cover federal spending not related to mortgages. Guarantee fees, or g-fees, are charged to cover the GSEs’ costs for guaranteeing mortgages … Continue reading
Deutsche Bank AG is nearing an agreement with the U.S. Department of Justice to settle a long-running investigation into the sale of residential mortgage-backed securities, Manager Magazin reported. U.S. authorities will send a 100-page statement of facts to Germany’s largest … Continue reading
National Mortgage News recently spotlighted ways some mortgage originators unintentionally –or intentionally — mislead borrowers. Here are a few things to be on the lookout for. 1. The big deal. Lenders violate the Consumer Financial Protection Bureau rules if they advertise … Continue reading
We all need to borrow money in order to purchase our homes, hardly anybody pays cash for such a large purchase, which means we need a mortgage. But there are several questions you should ask before you sign that mortgage … Continue reading
Being hindered by a low credit score used to mean that lenders were reluctant to approve any loan applicants. But with the availability of mortgage loans for people with bad credit, disappearing. The fact is that a variety of lenders, … Continue reading
It seems like the buyers who call me every day understand more and more that they need to get prequalified for a mortgage prior to getting started with the homebuying process. Most also understand that shopping for the most competitive … Continue reading
Many property investors are unaware of IRS rules that allow them to take non-recourse loans against their self-directed IRA, and leverage their savings to buy investment real estate. Best of all, IRA-owned investment property can be taxed at a lower … Continue reading