Home Mortgage Loans
siang-shawn

Jersey City officer accused of lying to bank to get mortgage, FBI says (The Record and Herald News)

March 10, 2010 by admin · Leave a Comment 

Brian Ragauckas admitted to the FBI that he intentionally left his Secaucus property off the mortgage application because he thought he wouldn’t qualify for the loan if he listed it, according to the release.

See the original post here:
Jersey City officer accused of lying to bank to get mortgage, FBI says (The Record and Herald News)

siang-shawn

Walk away from your mortgage? (The Milpitas Post)

March 10, 2010 by admin · Leave a Comment 

I hear that one in 10 homeowners is overdue on his mortgage payments and therefore within 90 days of foreclosure. Many (most?) are “upside down” or “under water” they owe more on their mortgage than the home is worth.

More: 
Walk away from your mortgage? (The Milpitas Post)

siang-shawn

Turner Foundation sued by PNC over Tecumseh Recreation Center mortgage (Springfield News-Sun)

March 10, 2010 by admin · Leave a Comment 

SPRINGFIELD - PNC Bank is now setting its sights on the Turner Foundation for repayment of the $1.13 million mortgage loan still outstanding on the Tecumseh Recreation Center.

Here is the original post:
Turner Foundation sued by PNC over Tecumseh Recreation Center mortgage (Springfield News-Sun)

siang-shawn

Mortgage Rates Decline; Current 30-Year Fixed Rate Is 4.76% (RISMedia Real Estate News)

March 10, 2010 by admin · Leave a Comment 

RISMEDIA, March 11, 2010—The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76%, down four basis points from 4.80% compared to this same time last week.

See more here:
Mortgage Rates Decline; Current 30-Year Fixed Rate Is 4.76% (RISMedia Real Estate News)

siang-shawn

Manhattanite gets 3-9 years in Little Neck mortgage scam (New York Post)

March 10, 2010 by · Leave a Comment 

A 35-year-old Manhattan man has been sentenced to prison for having used a forged power of attorney to unlawfully obtain a mortgage on his mother-in-law’s Little Neck condominium and steal more than $300,000, the Queens district attorney said.Shih Siang Shawn Liao, of 300 W. 110th St. in…

Here is the original:
Manhattanite gets 3-9 years in Little Neck mortgage scam (New York Post)