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2015
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A purchase money loan was sent to us by a Realtor. The purchase was from one brother to his brother. One brother was selling the property to his brother. This is a non arms-length transaction and FHA requires a 15% equity position for non-arms length transaction. The purchase price was $250,000...
03/19/2015
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Many years ago I worked for the financial division of AVCO Corp and was promoted from a branch manager in Fremont to the western area marketing supervisor to the company headquarters in Newport Beach. AVCO Financial Services had just over 10,000 employees with operations in the U.S., Canada, E...
03/18/2015
Do you know if you are a Realtor or Loan Officer that the banks can and do discriminate against you for credit applications? The Equal Credit Opportunity Act prohibits a creditor from refusing to grant credit because of your: race or color national origin sex marital status religion age public...
03/05/2015