U.K. regulator, the Financial Services Authority, announced Tuesday that it fined Deutsche Bank subsidiary, DB Mortgages, £840,000 (.35 million) for its subprime mortgage lending business practices. It is the first time the regulator charged a mortgage lender in the U.K. for irresponsible lending specifically in the subprime sector. Further, the FSA is securing £1.5...
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Question by treehugger_06: Can a lender agreeing to short sale keep you out of foreclosure? My coworker is in short sale with his lender. I am familiar with the Mortgage Debt Relief Act of 2007, but I don’t know if he is in short sale trying to sell the property, if the bank can...
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Question by Tino: During a short sale, does the title get deeded over to the seller before the lender approves the sale? I am trying to short-sale my property, and I got in contact with a company that specializes in buying short-sale properties. They are asking me to deed the title over to their...
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Question by paperchase313: Where can i find a Hard Money Lender that is not credit based? I am looking for a residential hard money lender that lends 65% arv and does not use credit for decisions making only the subject property. No doc. Basically only concerned with the property and if the numbers work....
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Question by Steph: How do I find a hard money lender to work with me on my real estate investments? My husband and I have a very strong real estate backround and have experience in real estate investing. In the past, we have always used traditional lending. Unfortunately, we have experienced a few financial...
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How to get a hard money loan. This presentation will show you how to get a hard money loan. For a pdf version of this report visit www.howtogetahardmoneyloan.com Question by Alex C: How can a become a hard money lender in Florida? I was wondering if I need a license to become a hard...
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