Lastest Stated Income Loan News

Posted on May 3, 2015 in Stated Income Loans

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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