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Arizona No. 4 For Mortgage Fraud Arizona now ranks fourth for mortgage fraud nationally. It’s the first time the state has cracked the top five for the problem, according to data released this week from the Mortgage Asset Research Institute. Florida, New York and California (in that order) rank ahead of Arizona in 2009 mortgage-fraud cases. The [...] Two AZ “foreclosure rescue” firms to pay $1.37 million in fines, restitution The Arizona Attorney General’s office has settled two mortgage fraud lawsuits for $1.37 million. Most of the money will go towards paying restitution to consumers who lost money to the “foreclosures help” firms. Richard Winer, principal of the firm Taken Care of Investments, has agreed [...] Mortgage Rates Fall To 4.8% Mortgage rates for 30-year fixed U.S. home loans fell for the second consecutive week, pushing borrowing costs to near record lows. The average U.S. 30-year rate dropped to 4.87 percent from 4.94 percent last week. The 15-year rate was 4.33 percent, mortgage buyer Freddie Mac of McLean, Virginia, said today in a [...] How to Understand Second Mortgages The difference between a first and second mortgage is simple. A first mortgage is taken out for the purchase of the home, while a second mortgage is taken out on any residual value between the outstanding loan balance and the value of the home. Usually, homeowners will take out a second mortgage [...] |
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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability. Copyright © 2004 (ARMLS) Arizona Regional Multiple Listing Service, Inc.
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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability. Copyright © 2004 (ARMLS) Arizona Regional Multiple Listing Service, Inc.
Copyright © 2010 Phoenix Real Estate. Phoenix Foreclosures. Phoenix Free MLS. The Cutty Group Re/Max. - All Rights Reserved |
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