Lastest Stated Income Loan News

Posted on Jan 23, 2015 in Stated Income Loans

2014 HARP Refinance Requirements: An Option for Underwater Homeowners
In 2014, remedy about it many homeowners will still be upside down or underwater in their mortgage loans. This means they'll still owe more than their homes are worth in the current market. It's also referred to as having negative equity. This condition will put …
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Why It Might Be Time To Refinance Your Mortgage
These premiums are for mortgages with a term of more than 15 years; premiums for shorter-term loans aren't changing. Right now, sick borrowers must pay for FHA insurance for the life of a loan, even if their home equity rises above 20% of the value of the home.
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Which Is Better? 15Year Mortgage Rates Or 30-Year Mortgage Rates?
Recent thirty-year fixed rate data from mortgage-origination software provider Ellie Mae shows FHA mortgage rates averaging approximately 25 basis points (0.25%) less than rates for a comparable conventional loan; and VA mortgage rates averaging 37.5 …
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Current Mortgage Rates Today: FHA Refinance Rates and Conventional Loans
Today's Mortgage Rates Major U.S. financial institution, Wells Fargo (NYSE:WFC) disclosed the updated mortgage information for its conventional and non-conventional loans on January 21, 2015. Updated details on 30-year and 15-year home mortgage …
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Home Refinance Rates: Wells Fargo Fixed, ARM and FHA Refinance Mortgage
First, looking at current conventional home refinance loans, the 30-year FRM is listed on Wednesday at a rate of 3.875% and it's coupled with an APR variable of 3.913%. Borrowers, who believe the 15-year refinance loan fits the bill better, will see …
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Text of Gov. Nikki Haley's State of the State address
First, help they flatly, site publicly stated that South Carolina workers do not have the necessary skills to build airplanes. …. Second, if a teacher who has graduated from college and is burdened by student loans commits to teach in a rural district, we will …
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Flagstar Bancorp's (FBC) CEO Alessandro DiNello on Q4 2014 Results
Non-interest income grew by $ 2.9 million or 3% on an adjusted basis to $ 98.4 million driven by increased net gain on loan sales and an improvement in the R&W reserve driven by lower loss experience. Non-interest expense declined. Total non-interest …
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Banner's (BANR) CEO Mark Grescovich on Q4 2014 Results – Earnings Call
Stated as a percentage of total assets, non-performing assets went from 0.66% to 0.43%. One- to four-family loans continue to be the largest single category of non-performing assets, …. For the year ended December 31, 2014, our net interest income …
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Historic preservation credits might help rebuild West Union
Some of those options: 20 percent federal historical preservation tax credits for rehabilitation of an income-producing property, or 25 percent historical preservation tax credits from the state. The city of Athens could … Some of the options for …
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