Mortgage Brokers

5 Credit Tips to Help First Time Homebuyers Get a Mortgage

Jeanne Kelly | Posted 11.17.2011

Read More: Mortgage Brokers, Mortgages, Credit Bureaus, Homebuyers, Credit Reports, Building Credit, Credit Crisis, Credit Rating, Credit Advice, Business News
Jeanne Kelly

If you're an aspiring first-time homebuyer, start working on improving your credit rating right now so that when it's time for you to find a home, you'll have no trouble finding a mortgage.

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Has Dodd-Frank Slayed the Mortgage Monster?

Ron Gitter | Posted 05.25.2011

Read More: Mortgage-Brokers, Dodd-Frank, Subprime Mortgage Crisis, Mortgage Crisis, Business News
Ron Gitter

Although the transparency as to how compensation is paid has been geometrically improved by Dodd-Frank, whether or not the consumer will benefit, and whether the housing market will improve in light of these changes, is yet to be seen.

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From Mortgage Broker To Homeless: One Woman's Housing Bust Saga

Washington Post | Annie Gowen | Posted 05.25.2011

Read More: Foreclosures, Homeless, Housing Bust, Foreclosure Crisis, Mortgage Brokers, Susan Schneider, Poverty, Housing Crisis, Business News

Before the real estate bust, Rob Paxton and Susan Schneider might have met at a networking event or through their home-buyer clients. Instead, they fi...

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Brokers Are Blamed for Loan Failures

Jerry Chautin | Posted 05.25.2011

Read More: Florida, Taxpayers. Ohio State University, Intermediaries, Atlanta, Fraud, Brokerage Fees, Financing, Commercial Brokers, Small Business Loans, Mortgage Brokers, Commercial Loans, Loan Application, Real Estate, Loan Fees, Small Banks, Sba Guarantee, Nevada, Community Banks, Small Business Owners, Georgia, Borrowing Money, Lending Programs, Business News, Commercial Real Estate, Financial Institutions, Sba, Loan Package, Business News
Jerry Chautin

Lenders, brokers and borrowers beware. The Small Business Administration's Inspector General is looking for errors made during the origination, closing and servicing procedures.

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Goldman Sachs Seizing Homes Subprime Mortgages Bought

McClatchy | Greg Gordon | Posted 05.25.2011

Read More: Mtglq, Cases, Hank Paulson, Lawsuits, Middle Class, Suits, Goldman Sachs Subsidiaries, Housing Crisis, Working Class, Goldman Sachs, Judge Roger Efremsky, Lenders, Home Prices, Foreclosure, Subprime, Repossession, Roger Efremsky, Ge, Mortgage Brokers, Mortgage Crisis, Homeowners, Securities Exchange Commission, WMC Mortgage Corp, Judge William Aslup, Wall Street, GE Money, Wiliam Aslup, Henry Paulson, Banks, Sec, Subsidiaries, Business News

Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packa...

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Shahien Nasiripour

Mortgage Lenders Making Record Profits, Consumers Suffer

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Mortgage Brokers, Mortgage Lenders, Mortgage Crisis, Lending Crisis, Mortgages, Mortgage Bankers Association, Consumers Union, Bailout Bandits, Bailout, Guy Cecala, Inside Mortgage Finance, Financial Crisis, Banks, Consumers, Business News

Never ones to let an opportunity go unexploited, mortgage lenders are taking advantage of a market fueled by low interest rates and massive government...

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Latino Families' Fight for Banking Reform

Janet Murguía | Posted 05.25.2011

Read More: Debt, Weak Oversight, Auto Dealers, Job Loss, NCLR's Wealth-Building Policy Project, Nclr, Damaging Payday Loans, Cycles of Debt, Deceptive Lending Practices, Declaw Legislation, Wall Street Bailouts, Latino Families, Accountable, Janis Bowdler, Great Recession, Enforcement, Foreclosure, Housing Counselors, Mortgage Brokers, Small-Dollar Lenders, Greed, High-Rate Credit Cards, Oversight, Devastating Consequences, Innovative Financial Products, Limited Accountability, Economic Turmoil, Subprime Loans, Toxic Mortgages, Protections, Deception, Access to Credit, Product Vendors, Positive Innovations, Banking Reform, Politics News
Janet Murguía

One of the most devastating consequences of today's economic turmoil is the large-scale loss of nearly a generation of wealth among Latino homeowners.

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The Fraud of Honest-Services Fraud

Gary S. Chafetz | Posted 05.25.2011

Read More: Mortgage Brokers, Tribal Casinos, Salvatore DiMasi, Michael Scanlon, Lawyers, John McCain, Jack Abramoff, Referral Fee, Lobbying, Congressional Record, Quid Pro Quo, Antonin Scalia, Native Americans, Bribery, Suborning Perjury, Bureau of Indian Affairs, Plea Deal, Kickback Scheme, Orthopedic Surgeons, Public Relations, Tom Delay, Honest-Services Fraud, Title Insurance, Constitutional Law Professors, Defense Attorneys, Politics News
Gary S. Chafetz

Essentially, honest-services fraud makes prosecutors omnipotent, because they can charge anybody they want with a federal felony.

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