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News :

Hires and Promotions (May 19, 2012)
In-Forum
Angela Searls has joined Valley Mortgage, 3301 13th Ave. S., Fargo, as a mortgage banker. Searls graduated from the University of Minnesota Carlson School of Management with a bachelor's degree in business. She has 16 years of sales experience.

and more »


Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
Albany Times Union
The Complaint alleges that Citibank and Midland Mortgage routinely force-place excessive amounts of flood insurance on borrowers, and improperly arrange for commissions for themselves or their affiliates on force-placed policies. On May 17, 2012, ...

and more »


Politics in Minnesota: The Weekly Report Vol. 7, Issue 40 ? 5/18/2012
Politics in Minnesota
As this is written, GOP activists from all over the state are flocking to St. Cloud for the Republican Party of Minnesota's 2012 state convention, and many among them are sorely riled by the performance of the Republican majorities that controlled the ...

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Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
Virtual-Strategy Magazine
The Complaint alleges that Citibank and Midland Mortgage routinely force-place excessive amounts of flood insurance on borrowers, and improperly arrange for commissions for themselves or their affiliates on force-placed policies. On May 17, 2012, ...

and more »


Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
DigitalJournal.com (press release)
On May 17, 2012, Nichols Kaster, PLLP filed a class action lawsuit in the Northern District of New York on behalf of Plaintiff Gordon Casey and other borrowers with mortgages serviced by Citibank or Midland Mortgage. The Complaint alleges that Citibank ...

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Nichols Kaster, PLLP Files Class Action Against Citibank and Midland Mortgage ...
Insurance News Net (press release)
On May 17, 2012 , Nichols Kaster , PLLP filed a class action lawsuit in the Northern District of New York on behalf of Plaintiff Gordon Casey and other borrowers with mortgages serviced by Citibank or Midland Mortgage. The Complaint alleges that ...

and more »


FHA Mortgages For Condos : Guidelines About To Loosen?
The Mortgage Reports
For buyers of condominiums in places like Chicago, Illinois; New York City, New York; or Minneapolis, Minnesota, the FHA's popular 3.5% low-downpayment mortgage program has been elusive. Because of the FHA's strict condo requirements, few buildings are ...

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Mortgage Electronic Registration Systems, Inc. vs Carrillo
Farmington Independent
THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION. to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, ...

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Mortgage Electronic Registration Systems, Inc vs Jamieson
Farmington Independent
THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION. to pay the debt secured by said mortgage and taxes, if any, on said premises and the costs and disbursements, ...

and more »


April foreclosures a mixed bag
Minneapolis Star Tribune
While Minnesota's foreclosure rate has consistently been below the national average, recent increases in the number of default notices that are being sent to homeowners suggest that the number of homeowners who can't pay their mortgage remains elevated ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Montana (7%), New Mexico (6%), Wisconsin (6%), Massachusetts (5%) and Wyoming (5%) saw the biggest increases. Nevada and Mississippi decreased their auto loan debt the most at 3%. Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Second Montana man admits running Ponzi scheme
Royal Gazette
Missoula, Montana-based mortgage broker Shawn Swor admitted one count of investment fraud under a plea bargain which saw further counts against him dropped. He faces up to 20 years in Federal prison, a $250000 fine and could be ordered to pay more than ...

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Fewer late mortgage payments recorded
Jackson Clarion Ledger
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

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Late payments on mortgages fall to levels seen in 2009
Waterbury Republican American
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

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Late payments on mortgages fall in first quarter of 2012
Pasadena Star-News
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

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Late payments on mortgages fall in first quarter of 2012
Marin Independent-Journal
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

and more »


Late payments on mortgages fall in first quarter of 2012
San Jose Mercury News
All but eight states saw their mortgage delinquency rate decline in the first quarter versus the last three months of last year: Montana, Hawaii, Maine, North Dakota, New York, Maryland, Washington and Delaware. Florida led the nation with the highest ...

and more »

News :

"The Keys to Finishing 2012 as Successfully as You Started It"
Manufacturing Digital (press release)
Todd Duncan is a New York Times best-selling author, an authority on relationship-based selling skills, and an executive leader at Prospect Mortgage. He has more than 20 years of experience in the mortgage industry as a trainer and motivational speaker ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review Canada (press release)
Todd Duncan is a New York Times best-selling author, an authority on relationship-based selling skills, and an executive leader at Prospect Mortgage. He has more than 20 years of experience in the mortgage industry as a trainer and motivational speaker ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review India (press release)
Todd Duncan is a New York Times best-selling author, an authority on relationship-based selling skills, and an executive leader at Prospect Mortgage. He has more than 20 years of experience in the mortgage industry as a trainer and motivational speaker ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
African Business Review (press release)
Todd Duncan is a New York Times best-selling author, an authority on relationship-based selling skills, and an executive leader at Prospect Mortgage. He has more than 20 years of experience in the mortgage industry as a trainer and motivational speaker ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review Australia (press release)
Todd Duncan is a New York Times best-selling author, an authority on relationship-based selling skills, and an executive leader at Prospect Mortgage. He has more than 20 years of experience in the mortgage industry as a trainer and motivational speaker ...

and more »


Indianapolis area has most-affordable housing
Indianapolis Star
The metro area is once again the most affordable big-city housing market in the nation, wresting back an honor that had been stolen away the past few quarters by Youngstown, Ohio; Syracuse, NY; and Lakeland, Fla. As civic awards go, having the most ...

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Indianapolis metro area ranked No. 1 in housing affordability
Indianapolis Star
The metro area is once again the most affordable big-city housing market in the nation, wresting back an honor that had been stolen away the past few quarters by Youngstown, Ohio; Syracuse, NY; and Lakeland, Fla. As civic awards go, having the most ...

and more »


Fitch Downgrades and Withdraws Litton Loan Servicing LLP's US Residential ...
CNBC.com
NEW YORK, May 18, 2012 (BUSINESS WIRE) -- Fitch Ratings has downgraded and withdrawn Litton Loan Servicing LLP's (Litton) US residential mortgage servicer ratings as follows: --Primary servicer rating for Alt-A product to 'RPS3' from 'RPS1'; ...

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Fitch Downgrades 3 Subordinate Classes of CSFB 2004-C3; Affirms Investment ...
CNBC.com
NEW YORK, May 18, 2012 (BUSINESS WIRE) -- Fitch Ratings has downgraded three classes of Credit Suisse First Boston Mortgage Securities Corporation's commercial mortgage pass-through certificates, series 2004-C3. A detailed list of rating actions ...

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NY hearings on "forced" insurance in foreclosure
Lake Placid News
... so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators.

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"The Keys to Finishing 2012 as Successfully as You Started It"
Manufacturing Digital (press release)
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review Canada (press release)
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


Dragas Mortgage Company Selects JASE Group LLC as Advertising Agency of Record
PR Urgent (press release)
JASE Group LLC (jasegroup.com) will serve as the Inbound Marketing & Creative Advertising agency of record for Dragas Mortgage Company (dragasmortgage.com) of Virginia Beach, VA. Virginia Beach, VA, May 18, 2012: Dragas Mortgage Company today announced ...



"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review India (press release)
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
African Business Review (press release)
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review Australia (press release)
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


Partial-Payment Problems
nwitimes.com
The catch is that, according to the VA, the term ?in part? means ?partial payments may not be less than 1 monthly installment or $100, whichever is less.? If mortgage servicers ? the companies that collect payments for mortgage investors ? do accept a ...



"The Keys to Finishing 2012 as Successfully as You Started It"
Business Review USA (press release)
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Exec Digital
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »


"The Keys to Finishing 2012 as Successfully as You Started It"
Sacramento Bee
Prospect Mortgage is a leading national lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Partners, a growth-oriented private equity firm with ...

and more »