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Informa Research Services, Inc. Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. Current Loan News and Information.
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ALWAYS GET A SECOND OPINION. PRIME CREDIT DESERVES PRIME SERVICE, LOW RATES AND LOW FEES. Mortgage Fraud Has Increased In 2008 Relative To 2007 Levels. Occurrences of fraud among loan officers, brokers and other industry professionals actually outpaced 2007 levels by 45 percent in the second quarter of 2008, the most recent reporting period. html? The report, released in early December, found that 36 .
Both these are often referred to as second mortgages, because they are secured by your property. With either a home equity loan or a HELOC, you are required to pay off the balance when you sell the house.