GE said it has reached an agreement to sell $8.5 billion of health-care related loans and its health-care financial services lending business to Capital One for about $9 billion.
Regardless of the home you’re purchasing – be it an REO property, a short sale, traditional sale or foreclosure – it’s crucial to get pre-approved for a loan before starting your search. It’s not a requirement, but getting pre-approved will give you an idea of how much house you can afford, which will ensure you don’t find the perfect property, only to find out you can’t truly afford it. Many buyers utilize FHA (Federal Housing Administration ) loans, but can those types of…
Blockchain (Aneeza Haleem is Senior Account Manager in the Banking & Financial Services division of Cognizant Technology Solutions, Teaneck, N.J. She is a seasoned banking and financial services consultant based out of the southern California region. Her clients include mid-sized banks and lending institutions to whom she provides business and technology consulting services.) Lending is a contract-intensive process with an extensive lifecycle. Every step involves third-party…
Ohio Fix-And-Flip Financing Get In On Ohio Real Estate Market with Help from Anchor Loans Anchor Loans gives real estate investors the flexibility and agility needed to quickly execute purchase contracts, compete at foreclosure auctions, close cash-only deals and fund construction Why Choose Anchor Loans for a Hard Money Loan in Ohio? Anchor Loans is Read this Article »
Make sure Sellers understand the additional costs they may incur when the Buyer is getting an FHA or VA insured mortgage loan. This video goes over these loa...
Mar 21, 2013 | Charles Davis 0 What is mortgage insurance? Mortgage insurance is a product purchased by the home buyer designed to protect the lender from the risk involved in funding the mortgage. Private mortgage insurance essentially protects the lender in the event of a borrower defaulting on a loan and being unable to repay the debt. The insurance covers the difference between the fair market value of the home and the actual price a lender may be able to sell the…
Jul 28, 2015 | Richie Bernardo, Senior Writer 0 SHARES No one can forget the collapse of the housing market that precipitated the most catastrophic financial crisis in recent history. Ironically, the same industry is nursing local economies back to good health. Although mortgages continue to saddle American consumers, who collectively owed $8.17 trillion in housing debt by the end of the second quarter of 2015…
This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined…
This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will be added to the glossary over time. The definitions in this glossary are developed by the NAIC Research and Actuarial Department staff based on various insurance references. These definitions represent a common or general use of the term. Some words and/or phrases may be defined…
Many people are warming up to the idea of building or purchasing their new home as the perfect reward for their hard work. It is an exciting feeling to create a design of your choice and a house that will become a forever home for your family for years to come. Whereas this might be a dream come true, there are more complex issues that you need to take care of to turn your dream into reality. Whether you are building or purchasing…