Every Thursday, David Bullington takes a break from his job as a mortgage loan officer and visits A. Brian Merry Elementary School with one goal in mind: help pupils improve in literacy.
Source:Rotary Club members help in literacy program (The Augusta Chronicle)
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A federal judge sentenced a former Bellevue loan officer today to seven years in prison for perpetrating what prosecutors say is one of the largest home-mortgage fraud cases brought so far in Western Washington.
Source:Mortgage-fraud defendant sentenced to seven years in prison (Seattle Times)
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Eagan-based AllRegs and Sollen Technologies announced a joint venture to produce an integrated online tool for mortgage loan officers.
Source:AllRegs, Sollen announce solution for loan officers (Finance and Commerce)
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WASHINGTON -(Dow Jones)- A U.S. House vote on a measure to allow strapped borrowers to have the principal balance of their mortgage loan reduced by a bankruptcy judge has been pushed back to next week, House Speaker Nancy Pelosi told reporters Thursday.
Source:US House Vote On Mortgage 'Cram-Down' Bill Delayed (Nasdaq)
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Had the Office of Thrift Supervision done its job, the loss of $270 million in deposits when IndyMac collapsed might have been prevented, a federal report says. After selling her Orange County home, Cheryl Hodgson parked an escrow check for about $360,000 with IndyMac Bancorp.
Source:Lax IndyMac regulation worsened exposure of depositors (Los [...]