Quality Home Loans claim top $330M

The investors claim they were never told about the change in strategy at Quality Home Loans. They also claim that Gaiser needed their approval for the shift because it incurred risks to their investments they had not been warned about. “I had no knowledge that they were deviating from 65 percent [loan-to-value loans],” Marc Forman, […]

Posted at 1am on 3/4/08 | no comments; | Filed Under: Mortgage Loans | read on

Cities offer loans to local homebuyers

Zunker said a typical loan for a down payment in Manitowoc is $2,500. The city also has loans available for home repairs, and homebuyers may be able to receive one of those, as well as the loan for the down payment. The same applies in Two Rivers, Worthington said.

Posted at 1am on 3/4/08 | no comments; | Filed Under: Mortgage Loans | read on

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