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Today's Mortgage Terms starting with G

Good Faith Estimate:

A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.

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Dallas mortgage loan news:
Financial News
3 Indicted in Mortgage Fraud Scheme - Tyler Morning Telegraph
The defendants were involved in a conspiracy to forge signatures and falsify home loan applications, which included creating and using fraudulent documents containing statements the borrowers never made. The documents were prepared for prospective ...

Texas Residential Mortgage Law Firm Polunsky & Beitel, LLP Adds New ... - Earthtimes
DALLAS , Nov. 17 /PRNewswire/ -- The Texas -based residential mortgage law firm of Polunsky & Beitel, LLP, is proud to announce the addition of mortgage industry veteran Amy Coke as Director of Business Development. Ms. Coke has worked in the ...

Fannie Mae, Freddie Mac halt foreclosures for the holidays - Dallas Morning News
WASHINGTON – Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. The two companies said Thursday that they will halt foreclosure sales between Nov. 26 and Jan. 9 ...

Federal regulators shut 2 California thrifts; Georgia bank folds - Dallas Morning News
WASHINGTON – Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in ...

Fitch Downgrades 1 Class of Banc of America Commercial Mortgage ... - Businesswire.com
--$13.9 million class A-2 at 'AAA'; Outlook Stable; --$240 million class A-3 at 'AAA'; Outlook Stable; --$225 million class A-4 at 'AAA'; Outlook Stable; --$107 million class A-5 at 'AAA'; Outlook Stable; --$272.2 million class A-6 at 'AAA'; Outlook ...

Marriotts indicted again - Corsicana Daily Sun
KAUFMAN – In a second round of indictments issued since August, a Kaufman County grand jury Friday charged four suspects with operating a criminal mortgage racket designed to defraud the government. Kandace Marriott, 52, and Darrell Lynn Marriott ...

I'm mad as hell and I'm not going to take it anymore! - San Francisco Examiner
So said Howard Beale (Peter Finch) in Paddy Chayevsky's 1975 movie "Network". He was mad at the state of the modern media – modern in 1975. He had a great line, but he was thinking way too small. We are witnesses to the systematic destruction of ...

Elizabeth "Liz" Roberson - Kentucky New Era
CADIZ, Ky. — Elizabeth “Liz” Roberson, 68, Cadiz, died at 7:47 a.m. Thursday Nov. 20, 2008 at Murray-Calloway County Hospital, Murray, of natural causes. Services will be at 10 a.m. Monday at Lakeland Funeral Home Chapel, Eddyville, with the ...

Experts: Lack of trust fueling financial crisis - Longview News-Journal
Confidence. That's what financial experts say it will take to restore the nation's economy. Les Hassell/News-Journal Photo Experts say the economic crisis is a result of unwise banking decisions and borrowers defaulting on loans. Subprime borrowers ...

Mortgage rescue or rip off? - CNN Money
NEW YORK (CNNMoney.com) -- If mortgage lending was the Wild West during the boom years, foreclosure-prevention counseling is the lucrative new frontier of the bust. Nearly 1.6 million borrowers are in jeopardy of losing their homes this year ...

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