Los Gatos Man Sentenced to Two Years for Conspiracy to Commit Mail and Wire Fraud and Conspiracy to Commit Bank Fraud U.S. Attorney’s Office January 21, 2014 Northern District of California (415) 436-7200 SAN JOSE—David Foley, the former chief technology officer of Santa Clara, California video
...
01/22/2014
Mortgage Broker Pleads Guilty to Conspiring to Commit Mortgage Fraud U.S. Attorney’s Office January 21, 2014 Middle District of Florida (813) 274-6000 TAMPA—Acting United States Attorney A. Lee Bentley, III announces that Michelle Carducci (37, Tampa) today pleaded guilty to conspiracy to commit
...
01/22/2014
Frankie Laine(March 30, 1913 – February 6, 2007) Was One of the Greatest Popular Singers Of All Time. Some Film Maker Should Do A Tribute to His Life. Here He Is With a Toe-Tapper Recorded in 1946 "September In the Rain" Enjoy and Have a Fantastic Week Ahead ! -David-
01/19/2014
#2540 For hypothetical purposes, a home is located in a low closing cost area of a state and it's selling for $400,000. It was appraised at $410,000. The FHA max ceiling for the loan is $390,000. The amount that the buyer would be able to receive is the FHA max of $390,000. Is this fact true or f
...
01/19/2014
#2539 A buyer wants to finance the purchase of a duplex with an FHA loan. The buyer may do this only if the intention is to rent out both of the units. Is this fact true or false ? Please take your time. Te solution is posted below the wildlife photo. A. False Federal Housing Administration
...
01/19/2014
#2538 The Federal Housing Administration not only insures the loans it sells, but it buys them also. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The Federal Housing Administration neither buys nor sells loans. The Federal Housing
...
01/19/2014
#2537 Secondary financing of a property may always be used to cover the minimum cash investment of the borrower as long as the sum of the two loans exceed the properties value. Is this fact true or false ? (puhleeez, you better not miss this one) Remember to take your time. The solution is posted
...
01/19/2014
#2536 If secondary financing is used in alignment with a conventional loan it may never be partially or fully amortized with a balloon payment. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A.False Secondary financing may certainly be full
...
01/19/2014
#2535 A man is applying for aconventional loan with an LTV of 90%. He has a monthly income of 3000 dollars a month. His total monthly recurring debt obligations equal 500 dollars. What is the maximum monthly mortgage payment that this buyer will qualify for ? A. $580 Here's how it works. 300
...
01/19/2014
#2534 When we talk about a 2-1 buydown plan we're talking about buying down the interest rate at 1% for two years. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False A 2-1 buydown plan is one that is considered a temporary buydown and the
...
01/19/2014
