Consumer Watch: What to know about mortgage scams

If you are behind on your mortgage, this is when many scammers strike. A local mortgage expert tells Fox 25 Consumer Watch about the realities of refinancing. Brett Baldwin, the branch manager for Gateway Mortgage Group, says no matter what you hear, your credit score will matter. “Any time that you
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South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain potential in interbank clearing and settlement. According to an official statement dated Feb. 13, the South African Reserve Bank (SARB) revealed it has established a fintech program that will prioritize,
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Apple's new HomePod Internet-connected speaker may leave white rings when placed on wooden surfaces that have been stained with certain oil or wax finishes. That's one of the takeaways from two in-depth reviews the HomePad, which went on sale last week for $350. A review by gadget review site
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The government rescued Fannie Mae and sibling Freddie Mac during the housing crisis in 2008 with a combined $187 billion taxpayer bailout. Fannie Mae hasn't taken money from Treasury since 2012, and has made more than $130 billion in dividend payments since 2013, more than repaying its $116
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“Pete is an accomplished executive who can elevate CoreLogic insights and exercise influence on policy, strategy and innovation to support the transformation of the housing finance sectors here in Washington,” Pratt said in a release. “Pete and I will work together to continue to strengthen the voice and
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Christina Lane, a senior mortgage loan officer with Movement Mortgage, was given recognition of being number nine in 2017 production in her region, which includes over 350 loan officers. Ms. Lane said she prides herself on truly taking care of her clients and treating them like family, from the initial
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MUMBAI (Reuters) – India's Punjab National Bank (PNB) said it detected fraudulent transactions at one of its Mumbai branches totalling about US$1.77 billion (S$2.34 billion) and indicated more banks could be impacted by the fraud, sending its shares down by nearly 10 per cent. The latest disclosure
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The case centres on a series of circular billion-euro inter-bank transactions between Anglo and ILP, routed through ILP-owned Irish Life Assurance (ILA). The money was placed back in Anglo and treated as customer deposits, which are considered a better measure of a bank's strength. Mr Drumm
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Olivia Tulley from Christchurch and her partner Josh Papadopoulos are travelling the world on the cheap, and have documented their travels in the video above. While our friends are settling down and racking up mortgages, my partner Josh and I decided to use our combined house deposits to travel the
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Great day, ladies and gentlemen and thank you for joining Blackstone Mortgage Trust Fourth Quarter and Full Year 2017 Investor Call. My name is Latia. I'll be your moderator for today. At this time, all participants are in listen-only mode. Later we will conduct a question-and-answer session. [Operator
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No surprise, then, that this is the fastest growing mortgage finance sector in the UK. It's also one of the most consistent. This will mark the sixth consecutive year of double-digit increases in lending by the sector. As well as larger amounts of borrowing, we've also seen bigger names involved as the range
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BidaskClub upgraded shares of ICF International (NASDAQ:ICFI) from a strong sell rating to a sell rating in a research report released on Saturday morning. ICFI has been the subject of several other reports. ValuEngine raised shares of ICF International from a hold rating to a buy rating in a research
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Honeywell International logo Convergence Investment Partners LLC boosted its stake in shares of Honeywell International Inc. (NYSE:HON) by 40.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,741 shares of the conglomerate's stock after purchasing
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Last week, L.L. Bean announced plans to end its decades-old policy that let customers return products years after they had bought them. Now a Chicago man has sued the retailer for changing that policy. In his complaint, self-described L.L. Bean enthusiast Victor Bondi claims that L.L. Bean's lifetime
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To rent or not to rent is not the question. At least, it is not the complete question. When housing prices escalated in the recent past, some experts recommended prolonged renting to those who couldn't afford to own. Some even wondered if Canada would transform into a nation of renters while others
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PNB has not revealed the names or other details of those involved in the scam. However, in a filing to the bourses the bank has said the transactions were “for the benefit of a few select account holders with their apparent connivance” and that “based on these transactions other banks appear to have
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Holland, 36, works with some of KPMG's largest St. Louis clients, including Fortune 500 and multinational companies, as well as smaller, privately held firms. “I have learned a great deal, obviously, working with such a range of clients,” he said. KPMG does not disclose the names or clients or the dollar
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“Some 31,400 transactions were signed in Kyiv in 2017. This is the highest figure in one region in the whole history of housing sales in Ukraine. This shows that apartments are in demand among the population against the backdrop of the non-functioning banking system, the stock market, investment
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“Another month of modest increases in contract activity is evidence that the housing market has a small trace of momentum at the start of 2018,” said Lawrence Yun, the NAR's chief economist, in a news release. “Jobs are plentiful, wages are finally climbing and the prospect of higher mortgage rates are
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A strong reading in the Consumer Price Index is putting upward pressure on mortgage rates this morning. With rates continuing to move higher, we believe the best option for many borrowers is to lock in a rate soon on a purchase or refinance. It only takes a few minutes to get started, so take action today
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