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CEO Arrested In $1.9 Billion Mortgage Fraud Scheme

By Author on Thu, 06/17/2010 - 03:30
CEO Mortgage Fraud

Today Federal regulators charged Lee Farkas, the former chairman of Taylor, Bean and Whitaker Mortgage Corp., with a multi-billion dollar fraud conspiracy involving the government's massive Wall Street bailout program. This scheme resulted in the collapse of Colonial Bank in 2009.

Chapter 4 - Inside The Mortgage Process

The Mortgage Process

We're now getting into the actual mortgage process, starting with being prequalfied and/or getting preapproved for your mortgage. This section will show you how to use those those terms and turn them into leverage for making your offer.

We'll also go over some good questions to ask your mortgage lender, and explain a couple things that could factor into your mortgage including buying points and mortgage insurance

Is It The Right Time To Refinance?

By Author on Mon, 03/29/2010 - 09:24
Refinance Signs

With mortgage rates plummeting to all-time lows, refinancing has become very popular for many consumers looking to cut their payments and lower their interest costs.

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Refinance Rates
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Purchase Rates,
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Mortgage Rates

CEO Arrested In $1.9 Billion Mortgage Fraud Scheme

By Author on Thu, 06/17/2010 - 03:30
CEO Mortgage Fraud

Today Federal regulators charged Lee Farkas, the former chairman of Taylor, Bean and Whitaker Mortgage Corp., with a multi-billion dollar fraud conspiracy involving the government's massive Wall Street bailout program. This scheme resulted in the collapse of Colonial Bank in 2009.