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State mortgage fraud task force cites four local firmsAn ongoing state crackdown on mortgage fraud found four Chicago-area companies using unlicensed individuals to process loan documents, a violation of state law. Governor Blagojevich announces results of increased crackdown on unlicensed mortgage loan originators' Building on efforts to protect homebuyers from fraudulent practices, Governor Rod R. Blagojevich announced today the results of the State's increased crackdown on unlicensed mortgage loan originators. Fitch Affirms 6, Downgrades 4 & Places 2 RMBS Classes on RWN from 2 Sasco Arc Securitizations... on the following Structured Asset Securities Corp. Amortizing Residential Collateral Trust (SASCO ARC) residential mortgage-backed certificates, as follows: Series 2002-BC7 -- Class A1 affirmed at 'AAA'; -- Class M1 affirmed at 'AA+'; -- Class M2 ... HouseValues Inc.: HouseValues Introduces Unprecedented (Mortgage...... KIRKLAND, WA (MARKET WIRE) HouseValues Inc. 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Achievements for October 29, 2006... rating available. For further information, please contact Jim at 608-782-4262 or David at 1-866- LAKELAW. Universal Mortgage Announces New Loan Officer Universal Mortgage Corporation, Onalaska, WI, is pleased to announce that Heather Phillips has ... Fitch Rates MASTR $439MM Series 2006-3Mortgage Asset Securities Transactions Asset Securitization Trust 2006-3 mortgage pass-through certificates are rated by Fitch as follows: --$426.8 million classes 1-A-1 to 1-A-11, 2-A-1 to 2-A-5, 3-A-1, A-LR, ... Fitch Rates $1.30B SASCO Mortgage P-T Ctfs, Series 2006-BC3Fitch rates Structured Asset Securities Corp. $1.30 billion mortgage pass-through certificates, series 2006-BC3 as follows: --$1.064 billion classes A1 - A4 'AAA'; --$51.5 million class M1 'AA+'; --$40.3 ... Business Wire Appoints Mary Stacey Account Executive; Industry Veteran Joins Detroit Office... as well as be the main point of contact for all local marketing efforts. McMurray comes to Business Wire from the mortgage industry where she most recently served Quicken Loans as Loan Originator. A 2005 graduate of Oakland University, Rochester ... Mortgage Industry Insider - Weekly Insight from MortgageDaily.comDALLAS, Oct. 30 /PRNewswire/ -- Mortgage fraud may surpass $2 billion this year, according to coverage from MortgageDaily.com, the dominant source of online news for the mortgage industry. Summit Financial Group Announces Second Half 2006 Semi-Annual Dividend... West Virginia and Shenandoah Valley National Bank in Winchester, Virginia. In addition, Summit also operates Summit Mortgage, a residential mortgage loan originator located in Chesapeake, Virginia and Summit Insurance Services, LLC in Moorefield, ... Getting Ahead... Morrison has a degree in business administration from the University of Montana. Robert Fagerquist has joined the mortgage lending team at Rocky Mountain Bank in Stevensville. Fagerquist brings more than three years of experience to the bank as a ... People in business... as financial center manager, customer service manager, and new account representative. Bobby Powell has joined as a mortgage loan originator. Powell has more than 14 years of experience in the mortgage and sales industry. Bob Gerard joins as ... Peter Boutell, Lending a Hand: The good and bad of rebate pricingThe price the consumer really pays for a mortgage is difficult to pinpoint. One reason is the fluid nature of the system the mortgage industry uses to price mortgages. California mortgage brokers call for licensing all loan originatorsReport offers alternative to new restrictions on nontraditional mortgages A trade group representing California mortgage brokers says the best way to protect consumers from the risks associated with ... Sacramento briefing: Broker faces more charges... writing new policies. Latorre remains in Placer County jail with bail set at $300,000. -- Gilbert Chan Group: License loan officers California's mortgage loan originators should be licensed by the state and undergo criminal background checks, the ... Allied Home Mortgage Capital Corporation Opens New Branch Office in West Allis, WisconsinAllied Home Mortgage Capital Corporation has opened a new branch in West Allis, Wisconsin.
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