PUBLIC MARKS from bhartzer with tags mortgage & of

A mortgage branch company is not an easy business to manage or operate. To some, it sounds like a quick way to get rich. Hire a lot of loan officers, make a couple hundred dollars off each loan, and retire in a couple years. If only it was so easy.

Recently, we talked about various options for financing land in the State of Texas. We talked about land loans and if you are considering a land purchase, you will most likely want to shop around a bit and talk to a few different lenders.

The overhaul of the mortgage industry by the government has changed the business models of many companies. Wholesale mortgage lenders fearful of their ability to survive in the near future are trying to become retail mortgage net branch companies over night by turning customers into employees.

Home construction loans are more complicated than a traditional mortgage loan. You need to deal with a loan officer that has a considerable amount of experience providing home construction loans to consumers. Here are four questions to ask your home construction loan officer.

The Home Affordable Modification Program has seen limited success, though. Now, we re hearing of a new program to be offered, called the Home Affordable Foreclosure Alternatives Program. Here is what you need to know about the Home Affordable Foreclosure Alternatives Program.

This simple mortgage calculator will give you an idea of the monthly payments you can expect to pay, based on the APR of some of the leading mortgages currently available.

FHA loans are loans that are insured by HUD Housing Urban and Development. Here are 6 reasons to take advantage of an FHA loan right now.

The nation’s fastest-growing union, the Service Employees International Union, calls the combination of the United States’ largest mortgage lender with largest bank when both institutions are facing mounting losses and potentially destabilizing risks bad for consumers, bad for business, and bad for America.

Bank of America Corporation has announced a definitive agreement to purchase Countrywide Financial Corp. in an all-stock transaction worth approximately $4 billion.

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home s sale price, the term of the loan desired, buyer s down payment percentage, and the loan s interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Triad Guaranty Inc. (NASDAQ:TGIC) is applauding the Congressional passage of new legislation that will allow low-and moderate-income homebuyers and homeowners to continue to deduct mortgage insurance premiums from their federal income tax returns. The new legislation, which President Bush is expected to sign, extends this deduction to loans closed in 2007 through 2010. The previous law was to expire at the end of 2007.

The Association of Independent Consumer Credit Counseling Agencies says that the mortgage crisis will end up driving consumers to credit counseling.