Mortgage broker receives prison sentence – Portland Business Journal

Kamau Herndon, 38, admitted he submitted three false applications for homes in Milwaukie, Portland and Edmonds, Wash. The loans, which totalled … Herndon, a former loan officer at Lighthouse Financial Group in Vancouver, Wash., is the son of Ron …
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Getting back to the basics of building your business in the Portland home mortgage and real estate
Good day my friends. I wanted to take a moment and share some thoughts on the Portland home mortgage market and how we as local mortgage and real estate professionals need to get back to the basics of marketing. My personal journey in this mortgage business started over 12 years ago and I recall a time when the telephone and a handshake was enough to secure a client relationship. The computer was …

Getting back to the basics of building your business in the Portland home mortgage and real estate
Good day my friends. I wanted to take a moment and share some thoughts on the Portland home mortgage market and how we as local mortgage and real estate professionals need to get back to the basics of marketing. My personal journey in this mortgage business started over 12 years ago and I recall a time when the telephone and a handshake was enough to secure a client relationship. The computer was …

Judge exceeds sentence guidelines for mortgage broker – La Crosse Tribune
… convicted Michael Fiorito last May on mail fraud and conspiracy charges. The Minnesota U.S. Attorney’s office Fiorito convinced struggling homeowners to refinance or sell him their homes, then stole the profits. Judge Patrick Schiltz … Go to Source…

Chase offers to redo $100B in home loans – Portland Business Journal
NYSE: JPM), which has 105 branches in Oregon. Chase said it has offered homeowners modifications through the U.S. Treasury’s Home Affordable Mortgage Program (HAMP), as well as through Chase’s own modification programs and those of Fannie Mae … Go to Source…

Mortgage applications drop as new fees kick in – The Business Journal
Mortgage applications decreased by 5.6 percent from a week earlier, according to data from the Washington-based Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 22. “Purchase applications fell last week, driven … Go to Source…

Mortgage broker envisions life after prison – Marketwatch
DENVER (MarketWatch) — One of the few people I’ve gotten to know who actually went to prison for mortgage fraud is a 50-year-old grandmother from Southern California named Maria Echeverria. Things are looking up for Echeverria since I first … Go to Source…

Kaleida receives medical campus mortgage – Buffalo Business First
Kaleida Health has been approved for a $51.9 million mortgage to support a long-term care facility on the Buffalo Niagara Medical Campus . The loan from the U.S. Department of Housing and Urban Development (HUD) comes through the Federal Housing … Go to Source…

U.S. CRUDE FUTURES SETTLE AT $78.00/BBL, DOWN $1.39, 1.75 PERCEN – Reuters
NEW YORK (Reuters) – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, dashing hopes that consumer credit is on the mend and sending the bank’s shares down 2.1 percent. Wall Street falls as JPMorgan … Go to Source…

Freddie Mac names former GMAC exec Anthony Renzi – Washington Business Journal
McLean-based mortgage giant Freddie Mac named Anthony Renzi … affiliate, Residential Finance Group, where he led servicing operations, risk management and strategic sourcing. Prior to that, Renzi held several executive positions at GMAC Mortgage Go to Source…

Alpha Property and Casualty Insurance Company
A foreign property and casualty insurer, Alpha Property and Casualty Insurance Company is licensed to conduct business in the Florida state. In 1979, Alpha Property and Casualty Insurance Company was first organized as a Wisconsin domestic stock insurance company. Alpha Property and Casualty Insurance Company was then a wholly-owned subsidiary of Family Insurance Corporation. Alpha Property and Ca…

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