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News about Mortgages:
Jordan Creek parent lied, suing shareholder alleges - Des Moines RegisterA stockholder in the parent company of Jordan Creek Town Center launched a federal class action lawsuit Friday alleging company officials defrauded shareholders by lying about their ability to refinance its massive debts. E.B. Gorham, an otherwise ...
As foreclosures rise, Paterson hires counselor - Herald NewsPATERSON — Faced with a 49 percent increase in foreclosures and the second-highest number of foreclosures in the state, the city's Housing Authority has hired a full-time employee to work on preventing more city residents from losing their homes ...
Glenbrook owner warns of bankruptcy - Evening StarThe Glenbrook Square Mall property was assessed by Allen County at $185 million. The mall’s owner, General Growth Properties, is fighting the assessment. Shoppers continue to pack the parking lots and crowd the corridors of Fort Wayne’s Glenbrook ...
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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