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Mon, 29 Sep 2008 07:00:11 -0600

Wells Fargo Home Mortgage Current Refinance Interest Rates 'Liar loans' threaten to prolong mortgage crisis (San Francisco Chronicle)

by Back Cash Loan Mortgage Refinance @ Mon, 29 Sep 2008 07:00:11 -0600

The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets." The nation's struggling... In the mortgage industry, they are called "liar loans" _ mortgages approved without requiring proof of the borrower's income or assets. Generally, the lower the interest rate, the more points the lending institution will charge....

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Sat, 27 Sep 2008 07:00:15 -0600

Refinance Home Mortgage 'Liar loans' threaten to prolong mortgage crisis (North County Times)

by Back Cash Loan Mortgage Refinance @ Sat, 27 Sep 2008 07:00:15 -0600

The worst of them earn the nickname "ninja loans," short for "no income, no job and (no) assets."In the industry, they are called "liar loans" ---- mortgages approved without requiring proof of the borrower's income or assets. When shopping for home mortgage loans, you should have a basic idea on what to look for in a loan. Keep in mind a few things that would serve as your eligibility criteria for a home mortgage. For example, what types of loans are available from a given institution?...

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Fri, 26 Sep 2008 19:00:03 -0600

Mortgage Broker Home Loan Refinance New round of losses hits market - Jackson Clarion Ledger

by Back Cash Loan Mortgage Refinance @ Fri, 26 Sep 2008 19:00:03 -0600

...New round of losses hits marketJackson Clarion Ledger, MS -6 hours agoMany of the lenders that specialized in such loans are now defunct - banks such as American Home Mortgage, Bear Stearns and IndyMac Bank. Brokers are the ones who help you find lending companies with the best mortgage rates. Brokers have a greater access into the best mortgage rate options posted by lending companies. This means that you get a wider selection of loan products and terms for you to decide which one has the best mortgage rate....

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Wed, 24 Sep 2008 19:00:16 -0600

Greenpoint Mortgage 'Liar loans' may prolong mortgage crisis (KABC-TV Los Angeles)

by Back Cash Loan Mortgage Refinance @ Wed, 24 Sep 2008 19:00:16 -0600

'Liar loans' - mortgages approved without requiring proof - may prolong the crisis. To ensure that you will be getting the best mortgage rate, find out if the lending company you are dealing with has a broker. This is fundamental if you want to get the best mortgage rates and save your money. Contracting a broker may mean additional fees to subtract from your budget....

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