Archive for: October 31, 2006

Here is another one!   

A Charlotte mortgage broker has been sentenced to five years and five months in prison for taking part in mortgage fraud schemes in Cornelius, south Charlotte and other Mecklenburg County neighborhoods.

He recruited home buyers with promises of …

This is a must read -  

Mortgage fraud frenzy
The real estate market has never offered such opportunity for graft. Since the housing market started to soar in 2001, mortgage fraud has become the fastest-growing white-collar crime, …

Now go to a mortgage calculator online.  In the payment area put the figure you calculated.  Put in a current fixed interest rate.  If you are not putting 20 percent down add a 1/2 percent to the rate to calculate …