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After a series of consultations it has published a report outlining how it wants to change the way lenders and mortgage brokers operate. A ban on self-certification mortgages, a crackdown on interest-only mortgages and better affordability ...

Q&A: FSA's proposals to reform the UK mortgage market

Assistant U.S. Attorney Brian Pugh told jurors that the three defendants, including former real estate broker Eve Mazzarella and her estranged husband, mortgage broker Steven Grimm, were guilty of bank fraud, wire fraud, mail fraud and conspiracy.

Mortgage fraud trial ending

If Greece were to exit and revert to the drachma mortgage, broker Dominik Lipnicki of Your Mortgage Decisions says the overnight fall in the value of people's homes would push "people to posting their keys through the letter box". Some of his clients have ...

Overseas homeowners warned to check euro mortgage

Mortgage Brokers Network Corp, Inc. places individuals interested in opening their own mortgage net branch with a qualified, licensed mortgagebanker or mortgage broker. Representing some of the best mortgage companies in the business, Mortgage ...

Mortgage Brokers Network Corp Finds Net Branch Opportunities

Ray Boulger, from mortgage broker John Charcol, said that the regulator had engaged in a "genuine consultation exercise" that had removed some of the worst suggestions in its original proposals. "The revised proposals allow lenders to exercise common sense ...

FSA scraps onerous mortgage tests

A San Antonio mortgage broker has been sentenced to five years and three months in federal prison for his role in a mortgage-fraud scheme that authorities allege resulted in $2 million in losses. Authorities alleged Justin Zhu, 58, conspired with convicted ...

S.A. mortgage broker gets five years for fraud

WASHINGTON, Dec. 16 (UPI) -- U.S. finance regulators have charged former executives of the nation's largest mortgage brokers with misleading investors about their risky mortgages holdings. The Securities and Exchange Commission filed the charges ...

Former Fannie, Freddie executives charged

"Ask the Realtor" is a weekly column from the 3,000+member RealSource Association of Realtors, serving northern New Jersey. Those in need of advice from a professional Realtor may e-mail realestatepr@northjersey.com, keying "Ask the Realtor" in ...

How do mortgage brokers and mortgage bankers differ?

the mortgage broker. “It’s a continuing story of mortgage rates heading upwards,” said David Hollingworth of London & Country Mortgage Brokers. “Borrowers are slowly becoming more aware that rates are rising.” ING Direct is the latest lender to ...

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