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Miami Mortgage News






Miami Family Charged with Multi-Faceted Mortgage Fraud Scheme - Federal Bureau of Investigation (press release)

Miami Family Charged with Multi-Faceted Mortgage Fraud Scheme
Federal Bureau of Investigation (press release)
Thereafter, defendants Filgueiras and Morejon utilized a Miami title company to conduct fraudulent closings. Once the mortgage applications were approved, the lenders wired the loan proceeds to the title company's escrow account, operated by Filgueiras ...




Obama's Next Bailout - Reason Online (blog)

Reason Online (blog)

Obama's Next Bailout
Reason Online (blog)
This means that even though you made a poor investment decision with that home in Miami, taxpayers will now help foot the bill to reduce your mortgage by several hundred thousand dollars at little cost to you. The program is called the Home Affordable ...

and more »



More talk of Peyton Manning in Miami - NBCSports.com

NBCSports.com

More talk of Peyton Manning in Miami
NBCSports.com
Romo to Miami. Manning makes Cowboys an instant playoff team. Jerry makes his mortgage payments on his palace. This article implies that Matt Moore was the problem for the team last year. I disagree as he had a good (not great) season.

and more »



CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites ... - San Francisco Chronicle (press release)

MonitorBankRates.com

CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites ...
San Francisco Chronicle (press release)
Garret Puckett, the CEO of Security America Mortgage, Inc. Proudly Announced the New Release of VA Loan State Specific Websites for Veterans Purchasing a Home in North Carolina, Texas, Florida, Louisiana, Colorado, California, Arkansas, and Oklahoma!
Security America Mortgage, Inc. Extends the Mortgage Lending Industry ...Houston Chronicle

all 13 news articles »



Bosh glad he avoided Dwight's dilemma - Sun-Sentinel

Bosh glad he avoided Dwight's dilemma
Sun-Sentinel
Wednesday, he will experience the fallout of warning-then-waiting, when the Miami Heat travel to play the Orlando Magic. Each is a case study in the team-player dynamic in NBA free agency, be it Bosh's decision to allow free agency to run its course in ...

and more »



Hastings couple admit guilt; son won't be charged - Minneapolis Star Tribune

Hastings couple admit guilt; son won't be charged
Minneapolis Star Tribune
Jim and Teresa Hoffman admitted to living off the proceeds of a mortgage fraud and equity-skimming scheme that cost lenders more than $5 million. Given the choice between a nearly certain prison sentence and seeing their 24-year-old son charged in a ...

and more »



Tallahassee out of touch with realities of Florida homeowners - The South Florida Times

Tallahassee out of touch with realities of Florida homeowners
The South Florida Times
During the State of the Union address last Tuesday night, President Barack Obama announced that his administration would be launching a joint investigation into the abusive lending and packaging of risky mortgages that led to the housing crisis.

and more »



Miami Real Estate Broker Sentenced To Prison - Brevard Times

Miami Real Estate Broker Sentenced To Prison
Brevard Times
MIAMI, Fla. -- In an almost formulaic fashion similar to the Securities and Exchange Commission, a mortgage broker in Miami was sentenced to one year and one day in prison as a result of an FBI investigation and prosecution.
Pembroke Pines Mortgage Broker Sentenced in Fraud SchemeLoanSafe
Mortgage Broker Sentenced in Fraud Scheme7thSpace Interactive (press release)

all 3 news articles »



Cash Out Volume Hits 16-Year Low - National Mortgage Professional Magazine

Bloomberg

Cash Out Volume Hits 16-Year Low
National Mortgage Professional Magazine
In the fourth quarter of 2011, 85 percent of homeowners who refinanced their first-lien home mortgage either maintained about the same loan amount or lowered their principal balance by paying-in additional money at the closing table, a 26-year high.
Freddie: 4Q 'Cash-In,' 'Cash-Out' Refinances Both Hit 26-Year RecordsWall Street Journal
85 Percent of Refinancing Homeowners Maintain or Reduce Mortgage Debt in ...MarketWatch (press release)

all 367 news articles »



Housing uptick on horizon, experts say - Brandon News and Tribune

Housing uptick on horizon, experts say
Brandon News and Tribune
And Miami, for example, hasn't reached this point: Buying a home there is still 20 percent more expensive than renting one. "We finally have good news for Tampa," Lafakis said. "Housing prices are too cheap compared to the income people have.

and more »




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