Real estate blog entries tagged with mortgage loans by Lenn Harley, Real Estate Broker, Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)

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Home : Blogs : Lenn Harley, Real Estate Broker, Virginia & Maryland : Lenn Harley, Broker, Homefinders.com in Maryland and Virginia : Tag "mortgage loans"

mortgage loans: SMOKE AND MIRRORS IN THE MORTGAGE AND REAL ESTATE INDUSTRIES - 10/26/07 10:43 AM

THE REAL ESTATE INDUSTRY WHERE TRUTH IS, INDEED, STRANGER THAN FICTION. MORTGAGE LENDING REPORTING - HEADLINE IN THE FINANCIAL NEWS THIS A.M. -
"Countrywide Financial Corp., the nation's largest mortgage lender, said Friday, it swung to a loss of more than $1 billion in the third quarter due to rising loan-loss provisions, writedowns and dwindling origination volume."HOWEVER, the company insisted it will be profitable in this quarter and in 2008. A bit of restructuring should do the trick, Countrywide claims.Further, Countrywide claims that the third quarter loss of $1.2 Billionwas due to the report of an "earnings trough". For the curious, … (15 comments)

mortgage loans: MORTGAGE FRAUD THRIVES - THE PLAYERS ARE THE SAME - 09/29/07 11:32 AM

MORTGAGE FRAUD HASN'T BEEN ELIMINATED. MORTGAGE FRAUD IS ALIVE AND WELL AND THE PLAYERS HAVEN'T CHANGED.There was never anything wrong with any of the mortgage programs made available to borrowers. The problem was mortgage fraud. Who facilitates mortgage fraud? This post was inspired by Bryant Tutas' report of the loan application with his buyer this week. Bryant witnessed first hand some of the causes of the present mortgage loan debacle; mortgage loan officers who write the loans, knowing full well that the loan application is fraudulent, buyers' agents who don't get the training necessary or be willing to supervise their buyer's … (55 comments)

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Lenn Harley, Real Estate Broker, Virginia & Maryland

Leesburg, VA

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Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate

Address: Lovettsville, Fairfax, Arlington, Alexandria, Stafford, Woodbridge, King George, Fredericksburg, Leesburg in VA., Rockville, Laurel, Columbia, Baltimore, Waldorf, Frederick, Eastern Shore, Bowie, Harford, Annapolis in MD. , Maryland, Virginia

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Maryland and Virginia real estate agents and brokers serving buyers and sellers with experience. Search listings in Maryland and Northern Virginia and get daily updates of new homes for sale by e-mail. Contact Lenn for a tour of homes. REALTORS available every day for home tours. Homefinders network of experienced agents and brokers includes new home specialists, resale specialists and luxury home experts. We can help you with your home buying needs. Homefinders offers discounted 5% listings for Maryland, Northern Virginia home owners. Experienced agents helping buyers and sellers in the Washington Metro area since 1985.

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