Articles on the different types of mortgage companies consumers will deal with on a daily basis including mortgage banks, mortgage brokers, and mortgage servicing companies.
ELoan Mortgage bailed out on the subprime market about a year ago. Back then ELoan Mortgage was the first of many lenders to turn their backs on the subprime borrower.
As I predicted a few posts…
Countrywide Loans are the biggest mortgage lender and yet they are under serious scrutiny. Countrywide Loans are rumored to be under investigation on stock sales and on the verge of collapse.
Countrywide Loans are owned…
Mortgage stock prices are dropping like a stone creating a huge profit opportunity. I wrote a post 10 months ago on my ActiveRain blog showing folks how to “short” mortgage stocks to bank these profits.
Since…
A mortgage broker is the home loan consumer’s best choice. A mortgage broker locates and procures the funds. This means the mortgage broker must have multiple relationships with money sources.
Mortgage brokers can originate your…
Lenox Financial Mortgage is known for their ever-present radio campaigns touting “no cost” refinancing and is the prime example of what I call “deceptive or incomplete” advertising.
Refer to my article, “No Closing Cost Mortgage…
Washington Mutual Mortgage along with eAppraiseIT, their appraisal firm, was accused of over inflating the appraisal values of homes by New York’s attorney general, Andrew Cuomo.
Washington Mutual Mortgage allegedly colluded with eAppraiseIT, an appraisal…
Mortgage brokers heard rare support from the nation’s top banking regulator, John M. Reich at the National Association of Mortgage Brokers Legislative & Regulatory Conference in Washington, D.C..
Some of the nice things said by…
Angelo Mozilo, chief executive of Countrywide Financial, was called to give testimony as to the legitimacy of his stock sales and other CEO compensation shenanigans before the Committee on Oversight and Government Reform.
Wells Fargo Mortgage is a subsidiary of a Federally chartered depositor bank which merged with Norwest Bank in 1998 an has become the second largest mortgage originator.
Wells Fargo Mortgage is part of the $40…
Ditech Mortgage owned by GMAC Mortgage, is famous for their schlocky TV ads with a fat loan officer who always loses clients (even his own mother in one) saying, “Lost another loan to Ditech”.
These same…
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