#2533 When considering a bi-weekly loan, one of the disadvantages is that it will take more time to build equity. Is this fact true or false ? Please remember to take your time. The solution is posted below the wildlife photo. A. False Equity will build much faster with a bi-weekly loan because
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01/19/2014
#2532 Private mortgage insurance is usually required if the loan-to-value ratio exceeds 80%. It may be required for the life of the loan now. Is this true or false ? Please remember to take your time. The solution is posted below the wildlife photo. A. True PMI (provate mortgage insurance) is
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01/19/2014
#2531 A buydown is not an option when the lender is considering a way to help a buyer qualify for a loan. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The buydown will allow a third party or the seller to pay a sum to the lender whi
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01/19/2014
Former Executive Director of Taos County Housing Authority Sentenced to 30 Months in Prison for Conspiracy to Steal Federal Funds Husband/Co-Conspirator Sentenced to 24 Months in Prison; Couple also Ordered to Pay $786,014 in Restitution U.S. Attorney’s Office January 16, 2014 District of New Me
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01/17/2014
Former Raleigh Real Estate Developer Receives 27 Years in Multi-Million-Dollar Fraud Against Investors and Banks U.S. Attorney’s Office January 16, 2014 Eastern District of North Carolina (919) 856-4530 RALEIGH—The United States Attorney’s Office announces that in federal court yesterday, Chief
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01/17/2014
Manager of Multi-Million-Dollar Mortgage Fraud Conspiracy Pleads Guilty Defendant’s Scheme Caused Losses of More Than $6 Millon U.S. Attorney’s Office January 16, 2014 Southern District of California (619) 557-5610 SAN DIEGO, CA—United States Attorney Laura E. Duffy announced that Kathryn Sylves
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01/17/2014
HUD Public Affairs 202-708-0685 USDA Public Affairs (202) 720-4623 OBAMA ADMINISTRATION ANNOUNCES THE FIRST FIVE PROMISE ZONE DESIGNEES Five communities to receive Administration support for revitaliz
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01/16/2014
Former Miami Real Estate Agents Sentenced for Roles in Multi-Million-Dollar Mortgage Fraud Scheme U.S. Department of Justice January 15, 2014 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 Two former Miami real estate agents were sentenced today for their roles in a $2.4 million mort
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01/16/2014
Former CEO of Taupa Lithuanian Credit Union Charged for $15 Million Fraud U.S. Attorney’s Office January 15, 2014 Northern District of Ohio (216) 622-3600 The former chief executive officer of Taupa Lithuanian Credit Union was charged today for engaging in a conspiracy that defrauded the credit
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01/16/2014
Freeport Physician Sentenced to 30 Years for Illegally Prescribing Controlled Substances U.S. Attorney’s Office January 15, 2014 Northern District of Florida (850) 942-8430 PENSACOLA, FL—Freeport physician Robert L. Ignasiak, Jr., 58, was sentenced to 30 years in prison yesterday for health care
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01/16/2014
