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A new trap awaits mortgage borrowers
A new trap awaits mortgage borrowers When Robbin and Barry Good applied to refinance the short-term loan on their Northville, Mich., home, they put up $500 to "lock in' a 9 3/4 percent rate fo...(Continue Reading)Refinancing fumbles: as more homeowners take advantage of low interest rates, overworked banks and mortgage brokers are making errors that could cost you
Never mind baseball--with interest rates at near-record lows, refinancing has become the national pastime. In 2002, roughly $2.24 trillion worth of home mortgages were financed, and nearly 60 perce...(Continue Reading)Mortgage conduits; a new source of financing for commercial real estate
Income-producing real estate properties are being financed by a new method called 'mortgage conduits.' Mortgage conduits are formed with a large group of loans. This large reserve of loans, typically...(Continue Reading)Today's r-word is 'refinance' - Guest Column
Recession. Slowdown. Layoffs. These are words buzzing steadily through the air-waves and across the pages of the print media. They might conjure up some deep, dark beast gnawing away on the financi...(Continue Reading)Orders issued under federal reserve act: the Annapolis Banking and Trust Company Annapolis, Maryland - Legal Developments
Order Approving Operation of Mobile Branch The Annapolis Banking and Trust Company ("Bank"), a state member bank, has given notice under section 9 ......(Continue Reading) |
