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mortgage lenders face risk and additional cost of doing business

kroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.

mortgage rates slide to record lows

mortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.

5 ways to pay off your mortgage - fast!

imagine what life would be like if one of your biggest expenses was eliminated. here's how to make it happen... →

mortgage foreclosures

these are mortgage foreclosures filed with the civil division of the circuit court in november. names in bold are the subject of or have an interest in the foreclosure action. lighter names filed the foreclosure action.

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Flashlight If the loan terms call for certain payment schedules, the buyer may have to seek new financing.
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Settlements For a one time payment, this is the payment number that the single prepayment will be included in.

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