Monday, May 19, 2008

Commercial Mortgages

Commercial Mortgage Teleseminar Leverage You Business and Database
from ActiveRain Blogs by Michael Haltman (Commercial Capital Alliance)
Mike Haltman here. I wanted to pass this along to you. I'm being interviewed next week by Jan Schrader as part of a "An Hour With The Experts" tele-seminar: "Commercial Lending ~ Technical and Marketing Fundamentals"

Interested in setting up a commercial mortgage company?

Sunday, April 6, 2008

Mortgage Headlines Today

Finance market overhaul plan's positives
from ActiveRain Mortgage Group by Esko Kiuru - Las Vegas NV Mortgage Consultant (Sinifox Financial)
The recent proposal from the Treasury Secretary to revise how Wall Street operates and is regulated has been largely greeted with well-aimed criticism, and even some yawns because it seems to be just good old-fashioned politics. To many it goes way too easy on the finance industry at a time when it should give it more chaos-avoiding, meaningful direction. There are, though, a couple of proposals that merit a further look.

Zillow Mortgage Marketplace & Lending Tree -- Online Lead Generators - What does it all mean?
from ActiveRain Mortgage Group by Jeff Belonger -- The FHA Expert.com -- New Jersey mortgage -- FHA mortgages (Infinity Home Mortgage Company, Inc)


LEAD GENERATORS -- Definition from Mimi.hu -- The process of collecting contact information and extracting potential sales leads. The process of finding people (consumer or business) with a qualified interest in a certain product or service.
Jeff Belonger's definition of lead generators. Risky, sometimes false hope, misleading, low ball rates and or closing costs, bait & switch.

Why do Lenders stop Wholesale lending?
from ActiveRain Mortgage Group by DUCHAI NGUYENTAN (BANK OF AMERICA)
Does this mean Lenders don't trust independent mortgage brokers/loan officers that they have no control over?

Friday, February 22, 2008

NW indiana Mortgage News

Fair Investment Company
Northern Rock scraps 'high-risk' Together mortgagesGuardian Unlimited, UK - 12 hours agoNorthern Rock yesterday scrapped its controversial range of Together mortgages that allowed customers to borrow more than the value of their home. ...Northern Rock scraps 125% mortgages and nationalisation faces ... Fair Investment CompanyNorthern Rock's links to Granite could increase risk to taxpayer Times OnlineThe unanswered questions Telegraph.co.ukIndependent - Independentall 712 news articles » LON:NRK
US Fixed-Rate Mortgages RiseWall Street Journal - 9 hours agoUS fixed-rate mortgages inched higher in the latest week, according to Freddie Mac's survey released yesterday. The national average interest rate on the ...Rates on 30-Year Mortgages Rise The Associated PressUS 30-year mortgage rates rise in latest week ReutersFixed-rate mortgages take big jump MarketWatchTheStreet.com - MortgageNewsDaily.comall 157 news articles » FRE
Daily Mail
Lenders spell the end of 125% mortgagesTimes Online, UK - 1 hour agoAll lenders have stopped selling 125 per cent mortgage deals from today, amid fears that the deals were exposing the lenders to further bad debts and may ...End of the road for 125% mortgage BBC NewsNorthern Rock pulls plug on 125% mortgages ScotsmanNorthern Rock pulls 125 per cent mortgages Times OnlineMoneyextra.com - London Stock Exchangeall 44 news articles » LON:NRK
Finance Ireland pulls new mortgages due market chaosReuters - 56 minutes agoI: Quote, Profile, Research) (FIRE) said on Friday had temporarily stopped offering equity-release mortgages in Ireland, its principal business, ...
Pennsylvania Banking Secretary Urges Homeowners with Adjustable ...FOXBusiness - 6 hours ago21 /PRNewswire-USNewswire/ -- With an estimated 1.5 million adjustable-rate mortgages across the nation scheduled to reset to higher monthly payments this ...Banks increase margins on mortgages This is MoneyEditorial: Government can help lenders, borrowers find answer Appleton Post Crescentall 7 news articles »
CNNMoney.com
Serious Tools for Serious Investors Golden State Mortgages May ...TheStreet.com - 3 hours agoAs housing prices plummet in California, homeowners are increasingly finding that their mortgage debt is higher than the value of their homes. ...Wachovia's big mortgage buy CNNMoney.comall 3 news articles »
91 Community Groups Ask BofA to Halt Foreclosures of Countrywide ...FOXBusiness - Feb 21, 2008If Bank of America acquires Countrywide, these mortgage borrowers could either benefit or suffer greatly from the merger. A letter signed by 91 California ...Critic says B of A resists helping on mortgages ReutersCalif. groups seek BofA foreclosure moratorium Bizjournals.comCountrywide in Crosshairs as Mortgage Crisis Fuels Litigation Law.com (subscription)all 65 news articles » CFC - BAC - OTC:CMTX
30-year mortgage rates at seven-week highSan Diego Union Tribune, United States - 2 hours agoRates on 30-year mortgages rose to the highest level in seven weeks, Freddie Mac reported in its nationwide survey. Thirty-year, fixed-rate mortgages ...
Fair Investment Company
Homeowners 'want fixed-rate mortgages'Saveborrowspend.co.uk, UK - 1 hour agoMore than half of homeowners want to take out fixed-rate mortgages, according to new research. Some 57 per cent of UK respondents to the poll by Fair ...Brits want fixed mortgages Introducer TodayHomeowners opting for fixed-rate mortgages ChoicesBrits 'opt for security' when it comes to mortgages Safestore.co.ukProperty News - London Stock Exchangeall 20 news articles »
The market-friendly mortgage illusionBangkok Post, Thailand - 13 hours agoA clear example of securitisation can be seen in the US mortgage market and its sub-prime crisis that everyone talks about these days. ...Economic Stimulus Bill Good News for California Mortgages PR.com (press release)all 2 news articles »

Saturday, January 12, 2008

Best mortgage company in NW Indiana

I really like First Federal Trust Mortgage here in Porter County Indiana. James Snyder and his team of mortgage professionals are on fire right now, they must have missed the memo about the market slowdown. Here's the contact info: First Federal Trust Mortgage James Snyder 1605 Adler Circle Suite F Portage, IN 46368,
Phone: 219-762-7200 Email: james@firstfederaltrust.com
If you are interested in running the numbers, or trying to decide between refinancing and buying a home ... email me at steve (at) greenptdev (dot) com. I will direct you to James and his team if that's the best call for your situation. If you are wanting a realtor or home builder, I can give you some guidance there as well.