Posts Tagged "chapter"

Mortgage brokers pursue Chapter 11 as debts mount

on Jan 26, 2013 in Unique Loan Programs | Comments Off on Mortgage brokers pursue Chapter 11 as debts mount

Question by Abigail: Should I refinance from an ARM if my rate will increase? I currently have an ARM mortgage with a rate of 3.125%. I am considering refinancing to a 30 year fixed with a 3.875% rate. Is this a good idea? The rep said the higher rate is due to the negative equity I have in my house. This would be using the HARP refinance program which is typically makes the rate .75% higher. Best answer: Answer by Beverly SWe are doing 3.375% 30 year fixed. Shop around a bit. I would go for a fixed but 3.875 is a bit high right now. Add your own answer in the comments! Mortgage brokers pursue Chapter 11 as debts mount A couple behind a once-prominent Maui mortgage brokerage is seeking Chapter 11 bankruptcy protection from debts that include unpaid mortgages and loans against more than two dozen properties in Hawaii and Idaho. Kathleen Patricia Morris and David … If you would like more informaiton please visit here… Canton Mortgage Broker Arrested for Alleged Drug Violations Newman's occupation was given as Mortgage Broker at Newman Financial Group in Canton. Jose Marquez, treat 31, patient of North Hollywood, Calif., pled not guilty to possession of a class E substance, to wit Xanax. ADA Connolly requested $ 20,000 cash bail; $ 3,000 … For more informaiton please visit here… Judge dismisses Chapter 11 filing for mortgage brokers A U.S. bankruptcy judge Tuesday dismissed the Chapter 11 bankruptcy reorganization petition by a husband and wife team that may owe up to $ 10 million to creditors mainly through their one-time prominent Maui mortgage brokerage firm. Judge Robert J. If you would like more informaiton please visit here… Mortgage brokers pursue Chapter 11 as debts...

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Is it true HUD rules are that you must wait three years after including a mortgage in chapter 7 to reapply?

on Nov 23, 2012 in FHA Information | 1 comment

Question by Donald: Is it true HUD rules are that you must wait three years after including a mortgage in chapter 7 to reapply? Is it true that a person must wait three years after including a mortgage in a chapter 7 bankruptcy before reapplying for another mortgage? Best answer: Answer by ladystangcall and ask Add your own answer in the comments! Is it true HUD rules are that you must wait three years after including a mortgage in chapter 7 to...

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Any lenders that refinance during a chapter 13?

on Oct 7, 2012 in HARP Refinance | 1 comment

Question by Matthew S: How long does it normally take for a True No Doc home loan to close? I will be applyign for a No Doc home loan this week. I know I will get approved since my credit score is 760. What I am wondering is how long it will take from start to finish. I heard the clossing is quicker but its 2am and can’t call a mortgage broker. This is all assuming appraisal and title work is done. Thank you for your answer. Best answer: Answer by ballerkickzMatthew, try story true no doc loans in this market are more difficult than a few years ago but could close in as quick as a week. I’ve closed a true no doc loan in as quick as 4 days. email me for more details if youd like. What do you think? Answer below! Check out these apartment creating images: Space Needle from Belltown construction region, viagra apartment building, steel and glass, downtown Seattle, Washington, USA Image by Wonderlane If you would like to see much more homes click right here… executed atom spies, Julius & Ethel Rosenberg Apartment Creating (1925), 65 Morton St., Greenwich Village, New York, New York Image by lumierefl From the FBI Summary of the investigation concerning Julius and Ethel Rosenberg: The Crime Worse than Murder Sometime ago the Soviet Government publicly announced the detonation of an atomic bomb. Previous expertise had taught us to treat lightly Moscow pronouncements. Even so, the White Home, in a solemn statement in September, 1949, associated the disheartening news that startled and then shocked the Nation. The Kremlin had finally fathomed the secrets of the atom. Was this an inevitable accomplishment? To whom could the Russian Government pay tribute for this fateful discovery? Was it due to Russian scientific ingenuity or to American traitors? To neither could be ascribed sole credit. Russian ingenuity in the scientific field had probably contributed immensely to this discovery. But what of the part played by American traitors? What of the component played by the executed atom spies, Julius and Ethel Rosenberg?. This then is the story of their deed of infamy — a crime worse than murder. Origin of the Case Information was received by the Federal Bureau of Investigation In the Summer time of 1949 that the secret of the construction of the atom bomb had been stolen and turned ever to a foreign power. Immediate investigation was undertaken. The Investigation resulted In the Identification of Emil julius Klaus Fuchs, German-born British atomic scientist. British intelligence authorities had been advised. Fuchs was arrested by the British on February 2, 1950, and admitted his involvement In Soviet atomic espionage. He did not know the identity of his American contact. The latter was subsequently identified via substantial Bureau investigation as Harry Gold, a Philadelphia chemist. On May possibly 22, 1950, Gold confessed his espionage activity to the FBI. Investigation of Harry Gold’s admissions led to the Identification of David Greenglass, a United States Army enlisted man who had been assigned at Los Alamos, New Mexico, in 1944 and 1945, as a Soviet agent. Gold connected he had picked up espionage material from Greenglass for the duration of June, 1945, on instructions of &quotJohn,&quot his Soviet principal. &quotJohn&quot was subsequently identified as Anatoli Yakovlev, former Soviet consul in New york City, who left the U. S. in December, 1946. Interrogation of Greenglass and his wife, Ruth, resulted In admissions of espionage activity under the directions of Julius and Ethel Rosenberg, brother-in-law and sister respectively of David Greenglass. Max Elitcher, a Naval Ordnance engineer, and...

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Q&A: How many years do I have to wait to get a mortgage after filing chapter 7 bankruptcy, according to FHA?

on Sep 17, 2012 in FHA Information | 2 comments

by Chris Pederick 30 Day Payday Loans – Help You Sort Out All Financial Dilemmas Timely Article by Ian Frazer For more informaiton please visit here… Question by lex: How many years do I have to wait to get a mortgage after filing chapter 7 bankruptcy, thumb according to FHA? Best answer: Answer by PooPooLaTrashFrom this page: http://www.fha-home-loans.com/ Q. How long after a bankruptcy can I use a FHA loans for buying a home or mortgage refinance? A. You may buy a home or do a refinance mortgage using FHA loans two years after the date of discharge for a bankruptcy, assuming that you have maintained perfect credit since the discharge of the bankruptcy with a FHA streamline refinance loan. Note that it says “two years after the date of discharge”, not the date of filing. What do you think? Answer below! Q&A: How many years do I have to wait to get a mortgage after filing chapter 7 bankruptcy, according to...

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