Mortgage-backed and asset-backed securities tend to increase in value less than other debt securities when interest rates decline, but are subject to similar risk of decline in market value during periods of rising interest rates. The values of mortgage-backed and asset-backed securities become more volatile as interest rates rise.
· Michael Shain, senior loan originator with Village Mortgage in Milford, offers a “Home Buying Boot Camp” in conjunction with the Tri-County Adult Education Program from 6:30 to 8.
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Prior to establishing Fairway, he held several executive positions at another mortgage company. As Senior Vice President, he was responsible for production levels between $225 and $250 million, and as National Sales Director, he was responsible for negotiating placements of in-house Loan Officers in real estate offices nationwide.
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· Michael Shain, a 25-year veteran of the mortgage/banking industry, joins Village Mortgage as a Senior Mortgage Loan Originator in Milford. A.
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Loan programs may change at any time with or without notice. Information deemed reliable but not guaranteed. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Housing Lender. Located at 600 Lynnhaven.
Mortgage Fraud Homeowners in Chicago cheated by a mortgage fraud scheme are seeking to form a committee to protect their interests in the bankruptcy of Ditech Holding Corp., the company that owns their loans. The.