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Guaranteed Rural Housing Loans (Section 502) – GUARANTEED AND direct loan programs There are several other Section 502 loan programs, but the only one that approaches the guaranteed program in number of loans made is the Homeownership Direct Loan Program.1 This program once accounted for almost all the Section 502 loans, but the number of guaranteed loans has greatly
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No Money Down Mortgage Programs Few black people get home mortgages in Detroit, data show – The mortgage market doesn’t exist or barely exists in more than half the city. Of 297 Census tracts in Detroit, each tract measuring several square blocks, 139 tracts saw no mortgages. began to.
Woman accused of taking out $17,000 in fraudulent loans – PASADENA, Texas – Pasadena police said for five months. According to court documents, the president of Guarantee Loan Service discovered that of the 48 victims, 12 were over the age of 65 and eight.
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Experts: VA loan churning’ can hurt vets. and the mortgage market – (Mike Tolstoy / Istockphoto) The abusive practices of some lenders are hurting some veterans financially, experts told house lawmakers wednesday, and their behavior could end up weakening the VA loan.