Via NY Daily News: “Three months ago, in his State of the Union speech, President Obama announced a new task force to investigate mortgage fraud and bring some measure of relief to the 12 million American families who are either losing their homes or in danger of losing them. The new Residential Mortgage-Backed Securities Working Group would be co-chaired by New York State Attorney General Eric Schneiderman, U.S. Attorney John Walsh of Colorado and three Washington insiders from the Justice Department and the Securities and Exchange Commission. Obama said, “This new unit will hold accountable those who broke the law, speed assistance to homeowners and help turn the page on an era of recklessness that hurt so many Americans.” Whether or not the President, attorney general and others intend to get around to this task someday, “speed” was a terrible word to choose. Because 85 days after that speech, there is no sign of any activity…”.* The Young Turks host Cenk Uygur breaks it down.
Read more from Mike Gecan and Arnie Graf: http://www.nydailynews.com/opinion/obama-mortgage-unit-awol-article-1.1063094
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Duration : 0:4:10
Khan Academy style presentation by a CFP(r) Professional of explaining mortgage loans, fixed vs. ARM loans, interest rates, refinancing, and Obama’s Home Affordable Refinance Program (HARP).
Cherif Medawar shares his REO Wholesale Training on March 6, 2012. This is version 01.
http://mortgagebrokerbromley.co.uk/contact/ Looking for a Mortgage Broker In London?
Johnny Sanphillippo has never made more than $20,000 per year (he works as a housekeeper, as well as, a gardener and house painter), but he knew like “any other American” that he wanted to own his own home.
Bill Rayman for www.mortgagehelplosangeles.com and Mortgage Capital Partners 310-295-6213
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This is a quick overview of the I.C.E. formula WCC uses to qualify potential borrowers when they apply for a mortgage loan. I cover income, credit and equity. Wholesale Capital Corporation is a Direct Mortgage Lender in Southern California providing loans for residential, commerical and SBA cleints. Please fell Free to contact Adam Villaneda at 951-488-3182 if you have any questions about buying a home in California. Qualifcations from commericial and SBA loans may differ from information presented in this video. In addition, WCC does have minimum requirements in all three fields covered in this short presentation. Call now to see how I can help you finance you next purchase or refinance your current home.