More than 500 CitiMortgage wholesale lending employees are being re-deployed, a spokesman told MortgageDaily.com in a statement. The employees are being moved to loss mitigation. The spokesman noted that the mortgage lender is providing education to the former wholesale employees.
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Katz Mortgage Team, has announced they are once again able to offer "Stated Income" loans requiring no income verification from borrowers. Although most lenders no longer offer financing for those who cannot verify their income, such as self-employed borrowers, Katz Mortgage Team offer buyers of primary residences and vacation homes, a variety of fixed and adjustable loan programs for both home purchases and cash-out refinances. Although assets must be documented, paycheck stubs, K1
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Educating for Success, an online education company, announces their Selling Houses Online Workshop for homeowners and investors to learn to sell houses online and avoid foreclosure. Drew Perry's live 3-day workshop will cover the basics of listing an auction on eBay as well as the basics of selling a property and will be held in Huntsville, Alabama on Dec. 12-14, 2008. (PRWeb Nov 21, 2008)
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Congress' failure to act now on a required technical correction will jeopardize energizing the real estate market, advancing green environmental programs, and delay much-needed energy efficiency improvements to the nation's existing building stock. By not making the technical correction to the federally mandated latest HUD mortgagee letter, which lifts the cap on cost-effective energy improvements allowed in an energy efficient mortgage (EEM), Congress is putting the economy at furthe
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