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Build a relationship with your lender: forging a bond with your banker makes your mortgage search easier
When Maurissa Stone wanted to refinance her Laurel, Maryland, townhouse in 2003, reports of predatory lending made her cautious. While she didn't know ...... (Continue Reading)

New York Mortgage Company offering lower rates - Brief Article
In a move to penetrate a lending sector dominated by the private banking units of major institutions, The New York Mortgage Company LLC has begun offering ...... (Continue Reading)

Commercial break: when banks can't give you the funds you need, look to commercial finance companies for help
BY THE MID-1990S, PRINCETON LAUNDRY had fallen on hard times. Despite a healthy client roster--it catered to New York City hotels--the rising costs of operating in Manhattan had taken a toll. A ste... (Continue Reading)

Discreditable reports: are bankers letting racism interfere with profits? Now that would be news - how a Washington Post three-part report, June 6-8, 1993,
The Washington Post abused facts about mortgage loans to African Americans to show that banks favor white applicants. Banks make loans based upon credit ...... (Continue Reading)

The blending of lending: Consumer loans are going the way of one-stop shopping, and as creditors cross into broader categories, this new finance title
The blending of lending: Consumer loans are going the way of one-stop shopping, and as creditors cross into broader categories, this new finance title says convergence is a trend worth banking on. (Le... (Continue Reading)

GMAC Commercial Mortgage Corporation Provides $25 Million in Permanent Financing for a Virginia Hotel
WASHINGTON -- GMAC Commercial Mortgage Corporation (GMACCM) has provided $25,000,000 in permanent, fixed-rate financing for an Alexandria, Va., hotel.... (Continue Reading)

BB&T Corp. to purchase First Virginia Banks Inc. for 4.21 times revenue
The Deal: BB&T Corporation has agreed to acquire First Virginia Banks for $3.38 billion in stock. Under the terms of the agreement, BB&T will pay 1.26 ...... (Continue Reading)

Virginia Credit Union Implements Mortgage Servicing Technology from FICS; CU Now Has Residential Mortgage Loan Servicing and Origination Through Single
DALLAS -- Financial Industry Computer Systems, Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing ...... (Continue Reading)

Prudential Mortgage Capital Originates More Than $108 Million in Loans for Its Conduit
NEWARK, NJ -- Prudential Mortgage Capital Company announced today that it has recently originated $108.5 million in loans for its conduit. Prudential ...... (Continue Reading)

American Mortgage Network Funds $2.1 Billion in Home Loans in Third Quarter; September Mortgage Fundings Are $712 Million
SAN DIEGO -- American Mortgage Network (AmNet), a wholesale mortgage bank serving mortgage brokers nationwide and a wholly owned subsidiary of AmNet ...... (Continue Reading)