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The North Carolina Commissioner of Banks is going forward with with a cease and desist order against a mortgage company in Florida, saying the home lender has failed to cooperate with a North Carolina audit, the TBJ reports.

Time to refinance ARM? (Bankrate.com)

Posted by mortgage 387 days ago (Editorial)
Dear Dr. Don, I am in the fortunate position to have my mortgage as my only debt. I am religious about maxing out my Roth IRA every year, and since I am a firefighter, I also have a pension. I also am able to put extra money into savings.
A homeowner planning to move in a few years likely can handle the possibility of rising LIBOR rates.
Could a debt-management plan get your finances back on track? It works for some. But if you're struggling, it shouldn't be the only option you consider.
Aug. 12 (Bloomberg) -- Mortgage applications in the U.S. fell last week as a jump in borrowing costs slowed refinancing. The Mortgage Bankers Association?s index of applications to purchase a home or refinance a loan decreased 3.5 percent to 499 in the week ended Aug. 7, from 517.3 in the prior week.
A Michigan family with an apparently spotty payment history is losing its home because it underpaid its mortgage by 7 cents, according to a legal aid group. Sydney Rooks, a lawyer for Legal Services of Eastern Michigan, tells the Detroit Free Press that Creg and Bonnie Berger of Deckerville inadvertently underpaid their mortgage because a postal clerk issued a money order for $440 rather than ...
Fannie, Freddie rules & fees make it harder to overdo mortgage debt
WASHINGTON -(Dow Jones)- The Federal Reserve has adjusted the sum that triggers disclosure requirements under a law regulating home mortgage loans. The Fed on Monday said the trigger has been adjusted to $579 for 2010, based on the Consumer Price Index in effect June 1, 2009.
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Mortgage How to Get is an informational resource about mortgage news and information.