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Fereidoun 'Prince Fred' Khalilian charged in murder-for-hire plot

Fereidoun 'Prince Fred' Khalilian charged in murder-for-hire plot
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Broker, Efficiency Products; FHA, VA, USDA News; Bank Failures Explained

It hasn’t been a good few weeks for banks whose names begin with “Si” (Silvergate, Silicon Valley, and Signature, with Silicon Valley Bank declaring Chapter 11 bankruptcy this morning; today’s Rundown discusses how the bank crisis may impact lenders). Ah, those clever secondary marketing folks. Cornerstone’s Henry S. frets, “I can’t believe it’s bank collapse season already. I just finished taking down my train derailment decorations.” Certainly, time flies by, and I hope you’re wearing some green today. Originally a religious holiday to honor St. Patrick, who introduced Christianity to Ireland in the 5th century, St. Patrick’s Day has evolved into a celebration of all things Irish, with the first parade on March 17, 1762, in New York City, featuring Irish soldiers who served in the English military. It certainly is more fun to think about celebrating the Irish than the constant stream of headlines as people r ....

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Churchill Mortgage Announces 2 Personnel Moves

Churchill Mortgage Announces 2 Personnel Moves
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District Of Columbia , United States , Jesse Vazquez , Kelly Lee , Mike Hardwick , Us Army , First Guaranty Mortgage Corp , Churchill Mortgage , West Coast , Stearns Lending , First Guaranty Mortgage ,

Jumbo, Broker, Performance Comparison, Internal Audit Products; Freddie and Fannie Updates

I won’t sugar coat this. Here’s some rough news for lenders and LOs: With plenty of quant jocks to slice and dice numbers, Goldman Sachs tells us that 99 percent of borrowers have a mortgage rate lower than 6 percent or the current market rate, and around 28 percent of those have rates below 3 percent. So, what are you going to do about it? A buddy and I were out to eat recently. I asked the server (in my day they were called waiters and waitresses), “Is this a bistro, a brasserie, or a gastropub?” The bearded, short-haired fellow replied, “None of those. We’re a brewpub.” Options! People have options in investing their cash, and a LO can help with financial planning. Hey, if higher rates are driving business income down, you may-as-well profit from them, even if you only have $100. If you don’t mind tying your money up for a month or more and can earn nearly 5 percent on your cash with a few keystrokes, why earn 0 percent on your ....

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