stated income loan
- Home Loan Modification Secrets
Guardian Express
Believe it or not, that is because some people lie when they submit an application for a loan modification, and the mortgage companies don't intend to be made fools of again like they did with the “stated income” loans, which have been referred to as ...and more » - Spring Mortgage Market Update (2012)
Move Smartly
Heavier regulation of “stated-income” loans, where a borrower's income is not verified using traditional methods. Stated-income loans have been around for longer than I have. While they come with an increased level of risk, lenders know how to mitigate ...and more » - American Perspective Bank Announces: First Quarter 2012 Financial Results ...
Daily Markets
Income before income taxes increased from $476 thousand during the first quarter of 2011 to $769 thousand during the first quarter of 2012. The Bank reported record levels of net loans, deposits, and total assets as of March 31, 2012.and more » - HARP 3 : Early Rumblings On A HARP 2.0 Successor
The Mortgage Reports (blog)
Alt-A mortgages were primarily used for people with two of the three pillars of a strong conforming mortgage approval : (1) Income, (2) Credit, and (3) Assets. Alt-A loans included stated income products, stated asset products, stated income/stated ...and more » - Premier Financial Bancorp, Inc. Reports First Quarter 2012 Earnings
PR Newswire (press release)
The timing of these successful resolutions is difficult to predict, which creates fluctuations in our reported loan interest income. Repeating what I have stated in the past, the pace of economic recovery is painfully slow, and the opportunities to ...and more » - ECB Bancorp Reports 2012 Q1 Net Income of $377K
Citybizlist (press release)
Loans decreased (10.1%) to $491383000 at March 31, 2012 compared to $546641000 at March 31, 2011. Deposits decreased (1.8%) to $772597000 at March 31, 2012 from $786754000 at March 31, 2011. Net interest income decreased (3.5%) to $6528000 for the ...and more » - CORRECT: PRESS RELEASE: Heritage Financial Corp Announces First Quarter ...
Wall Street Journal
The net income for the quarter ended March 31, 2012 was $0.27 per diluted share, compared to $0.05 per diluted share for the quarter ended March 31, 2011 and $0.14 per diluted share for the linked-quarter ended December 31, 2011.and more » - Louisiana Bancorp, Inc. Announces Earnings for the First Quarter and the ...
MarketWatch (press release)
Non-interest income increased by $74000 between the respective quarters due primarily to increased gains on the sale of residential mortgage loans. Non-interest expense was $1.9 million for the first quarter of 2012, an increase of $118000 compared to ...and more » - Financiera Independencia Reports 1Q12 Net Income Of Ps.34.2 Million And Loan ...
Daily Markets
Financiera Independencia, SAB de CV, SOFOM, ENR (BMV: FINDEP; OTC: FNCRY), (“Findep” or the “Company”) a leading Mexican microfinance lender of personal loans to lower income segment individuals and working capital loans through group lending ...and more » - United Community Banks, Inc. Reports Earnings of $11.5 Million for First ...
MarketWatch (press release)
United Community Banks, Inc. (NASDAQ:UCBI) today reported net income of $11.5 million, or 15 cents per share, for the first quarter of 2012. The positive results reflect strong core transaction deposit growth, modest loan growth, a fee revenue increase ...and more »
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