MEMPHIS – First Tennessee Bank has agreed to pay the U.S. government $212.5 million after admitting to making bad mortgage loans that left taxpayers footing the bill. According to the U.S. Justice.
2018-03-20 · The $60 million in federal down-payment assistance funding for Tennessee meant to last through 2020 will probably only make it to Labor Day based on demand in Memphis and elsewhere. “Here in Memphis, especially, we did twice the mortgage volume.
"In January, we had a huge spike in application volume," said Greg Ellenburg, district manager at First Tennessee Home Loans and secretary-treasurer for the memphis mortgage bankers Association. "Now,
As a result of tighter lending guidelines in the mortgage industry, home loans by the Federal Housing Administration (FHA) have skyrocketed in 2008, and their rapid rise could be a savior for the.
The system, which also serves as a rate distributor for lenders, promises to improve efficiency and the quality of service ..
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The Mortgage Bankers Association of Memphis was established to provide ethical, efficient, and professional business practices of member companies and their employees by focusing on impartiality, confidentiality, fiduciary responsibility and legal responsibility.
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Topics include: housing search, identifying and working with a real estate agent, keeping your file updated, how to use the NACA mortgage calculator, common errors in the Purchase and Sales contract, requirements for Credit Access approval, submission of your bank application, and more.
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