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HUD and Yield Spread Premiums
October 3, 2001 The recent decision of the US 11th Circuit Court of Appeals in the case of Culpepper vs Irwin has suddenly swung the spotlight on HUD policy regarding yield spread premiums (YSPs) retained by mortgage brokers.  To this date, HUD has been impotent in dealing ... more...

List of Upfront Mortgage Brokers
IMPORTANT NOTICE:  BEFORE CONTACTING BROKERS LISTED BELOW, READ  "HOW TO DEAL WITH A UMB" Upfront Mortgage Brokers as of December 10, 2005    Jeremy AaronsonTMG FinanceOffice location: CaliforniaOther state licenses: New Mexico and ... more...

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discount Point
Discount Point Fees paid to lenders. 1 point = 1% of the loan amount. On a $100,000 loan 1 point is $1000. Points may be further classified into origination points or discount points. In laymen terms, a point is a fee you pay to a lender or broker. Each point is one percent of ... more...

Back End Pionts vs Front End Points
Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker ... more...

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Get Free par rate Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Home Owner Loans Explained
How To Release Equity Locked Up In Your Home For Immediate Use.Free up the monetary worth tied up in your property by asking your financial advisor for information on a secured home owner loan. These types of loans can be legally used for any purpose you see fit and are available to nearly all ... more...

A Qualified Mortgage Consultant Can Help Boost Credit Scores
Consumers interested in purchasing or refinancing a home will pay an interest rate based on current market conditions and their ability to pay back the loan. The borrowers income and debt ratios are taken into consideration by the lender, as well as the predictability factor provided by credit ... more...

How Can A Qualified Mortgage Consultant Help Boost Your Credit Scores?
Consumers interested in purchasing or refinancing a home will pay an interest rate based on current market conditions and their ability to pay back the loan. The borrowers income and debt ratios are taken into consideration by the lender, as well as the predictability factor provided by credit ... more...

Points or Not to Points?
Mortgages can have many terms that are determined based on the clients personal financial situation. But should you pay points above and beyond the interest rate or not?Points are a single payment that are paid on the percentage of the loan amount. For example, let's say you take out a mortgage of ... more...

Real Estate: Will the Mortgage Lending Market Hit the Wall?
At a distance, it is hard to tell when a freight train is about to hit a wall. You might hear screeching, whistle blowing or even screams just minutes before. But what about the drunken mortgage lending market? What sounds should we expect to hear as this market speeds toward the proverbial wall? ... more...

See What a Best Secured Loan Means to You
Given a choice, most people would give their decision in favour of best secured loan. However, it will come as a disappointment to know that there rarely exists a thing like best secured loan. It is how one decides important details of a loan that transforms it into a best-secured loan. Best ... more...

Home Mortgage Quote Problems? The Likely Culprit is Your Credit
Your credit has everything to do with home mortgage rates as lenders charge more points and higher interest charges to consumers with bad credit. Poor credit always implies greater risk, so lenders are entitled to be compensated for the risk they are taking.If you are a borrower who enjoys good ... more...

The Convertible Craze Brightens The Future Of Equities
Convertibles are stealing the show with their safe investment image in todays protective market. They seem to be overshadowing the stocks and bonds, and this holds true for the mediocre issuers.A convertible bond, as the name suggests, can be converted into a company's common stock. The bonds are a ... more...

Boston Bankers
Many people make a lot of money in war. In WWII we know that Prescott Bush was involved with Brown Bros. Harriman in a trading with the enemy lawsuit. The Bush family is not even close to the top of this food chain that includes agents like the Rockefellers and the likes of Chase Manhattan Bank ... more...

How to Deal With A Death in the Family and Still Run Your Small Business
As a small business owner we have to deal with tax law changes, local ordinances, environmental laws, Workers Compensation, etc. Just when we thought we had everything under control, something terrible happenes. A death in the family. Oh my God you say? What do I do now? Well since I have been ... more...

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