Quicken Loans worker charged with bank fraud by Justice Department
This comes less than a week after the DOJ filed a lawsuit claiming "Quicken instituted and encouraged an underwriting process that led to employees disregarding FHA rules and falsely certifying compliance with underwriting requirements in order to reap …
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Quicken Loans 'pleased' to see former contractor charged by feds
This comes less than a week after the DOJ filed a lawsuit claiming "Quicken instituted and encouraged an underwriting process that led to employees disregarding FHA rules and falsely certifying compliance with underwriting requirements in order to reap …
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A Guide to Mortgage Costs
Another option is an adjustable-rate mortgage , buy more about which starts out with a lower-than-market interest rate and then adjusts after an initial term is over. If you get such a loan, visit you have to keep in mind which way interest rates are likely to go and what …
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After Foreclosures, Home Buyers Are Back
Mortgage companies have already started to see a shift. Anthony Hsieh, chief executive of loanDepot LLC, one of the biggest FHA lenders, said that one out of four of the company's current FHA borrowers has had either a foreclosure or bankruptcy in the …
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How Soon Can I Buy a House After Bankruptcy or Foreclosure?
You might be able to land a conventional loan two years after a Chapter 13 discharge. FHA and VA loans are even more lenient. Borrowers can be eligible for these government-backed loans just a year removed from filing a Chapter 13 bankruptcy. They'll …
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Oando Energy Resources Announces First Quarter 2015 Results
The net income improvement, price which included a one-time charge of $ 16.4 million associated with the resetting of our Financial Hedge instruments, recipe which was primarily influenced by operations at OMLs 60 to 63, story and was partially offset by financing …
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Valley National Bancorp's (VLY) CEO Gerald Lipkin on Q1 2015 Results …
And what is historically one of Valley's most challenging quarters largely due to seasonality within the loan portfolio and increased linked quarter core non-interest expenses, we were pleased with the reported results and believe the bank is on solid …
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