Shifting Debt from Credit Cards Through a Mortgage Refi

Author:  //  Category: Mortgage

… and then refinanced my home mortgage in February 2014. Because of … installment accounts (such as your mortgage) and revolving accounts (such as … total amount owed on your mortgage.
Check your credit reports to … ’s keep talking!
See related: Subprime borrowers have easier time getting …

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Shifting Debt from Credit Cards Through a Mortgage Refi

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Fannie Reports New 5-Year Low in Business

Author:  //  Category: Mortgage

Secondary activity at the Federal National Mortgage Association declined to the lowest level in more than five years, as did the delinquency rate.

The mortgage behemoth reported 5 percent more new business acquisitions during February than during the previous month.

Secondary volume at Fannie Mae sank 63 percent compared to February 2013 and hasn’t been this slow since January 2009.


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Fannie Reports New 5-Year Low in Business

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Integrated Mortgage Disclosure Guide Published

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A guide has been issued to help small lenders comply with new Truth in Lending Act and Real Estate Settlement Procedures Act disclosure requirements.

The Consumer Financial Protection Bureau was directed by the Dodd Frank Wall Street Reform and Consumer Protection Act to propose new integrated disclosures.

The regulator first proposed integrated TILA and RESPA disclosures in May 2011. The rule was recently finalized and becomes effective on Aug. 1, 2015.


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Mortgage Branch Growth Busy in East Half of U.S., TX

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Among a number of recently added mortgage branches, a majority are in the eastern half of the country. Three companies opened locations in Texas.

Branch managers can have full access to branch-specific financial information though a tool being offered for the Loan Vision Mortgage Accounting Solution, a March 17 statement said.

Included in the benefits promised are lower paper and printing costs and a significant reduction in manual workloads for departments that interact with the accounting platform.


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SPLI – The Vapor Group Announces Major Stock Increase

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A Good Bet for Investors: SPLI Stocks Receive Over 100% Price Increase During the Month of March

DAVIE, FL, USA, March 31, 2014 /EINPresswire.com/ — The Vapor Group (OTCQB: SPLI), formerly known as the AvWorks Aviation Corporation, is proving to be a …

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Sale of MSRs on $40 Billion in Loans Closes

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The sale of mortgage servicing rights on $40 billion in home loans has closed. The buyer plans more acquisitions this year.

A news release Monday from Walter Investment Management Corp. indicated that it had closed on a pair of MSR portfolio acquisitions.

Execution of the two loan servicing transfer transactions took place following the “necessary approvals,” according to the announcement.


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Sale of MSRs on $40 Billion in Loans Closes

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Avoid Equipment Breakdown And Prevent Acid Formation In Oil By ‘XY’ Fullers Earth

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QIUJI TOWN XUYI COUNTY, JIANGSU PROVINCE, CHINA, March 29, 2014 /EINPresswire.com/ — The Bleaching Earth or Bleaching Clay can be used in many important industries, like the refinning of the vegetable and animal oil, the Mineral Oil, and the chemical …

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Michael Zimmerman’s Hedge Fund on the Online-Offline Retail Convergence

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NEW YORK, NY, USA, March 29, 2014 /EINPresswire.com/ — Amazon goes offline while retailers scramble online – Michael Zimmerman's hedge fund Prentice Capital believes customers want to combine pure online shopping with visiting stores.

CEO Michael …

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BoI to take on British giants and enter mortgage market 

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… will remain cautious in its mortgage lending policies in Britain.
… ;We have never gone into sub-prime, or near-prime. That was never … bank currently has a €25bn mortgage book in Britain compared to … from Britain shows that gross mortgage lending rose 43pc year on …

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BoI to take on British giants and enter mortgage market 

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Jamie Doward

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… means to you and your mortgage or pension, you can be … a heroic role in the sub-prime mortgage scandal and Greece's …

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Jamie Doward

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