Mortgage Coach launches newest version of mortgage planning software

Jan 08, 2007

Chase expands availability of stated-income equity lines and loansMortgagePress.comStated-income mortgages,home equity Chase has expanded the availability of stated-income home equity lines and loans, giving brokers and correspondents a broader range of home equity options to offer their customers. Most significantly, Chase has increased to $500,000 from $300,000 the maximum loan amount for stated-income programs for borrowers who meet combined loan-to-value, debt-to-income ratio, FICO score and asset-verification requirements. The company has also added second homes to the stated-income program and expanded it to include borrowers with FICO scores of 680 and higher. New York-based Chase is a home equity lender and subsidiary of JPMorgan Chase. For more information, visit www.chaseb2b.com.

About the author

National Mortgage Professional

Link copied

Published

Jan 08, 2007

Courts

UWM's Motion To Dismiss RICO Class Action Denied As Moot

Plaintiffs' late August filing of an amended complaint means UWM must file a new motion to dismiss if it wishes to proceed with having the case thrown out.

A previous version of this article was published on Oct. 11, 2024, under the headline, "UWM's Motion To Dismiss RICO Class Action Denied". United Wholesale Mortgage (UWM) and the company’s CEO, Mat Ishbia, have had their motion to dismiss a class action lawsuit alleging ...

Regulation and Compliance

TD Bank Pleads Guilty To Enabling Money Laundering For Criminal Organizations

'TD Bank chose profits over compliance in order to keep its costs down,' said U.S. Attorney General Merrick Garland.

Today comes a tale of caution to banks and various lenders across the country that choose profits over compliance. TD Bank made history last Thursday by becoming the largest bank in the United States to plead guilty to violations of the Bank Secrecy Act (BSA) and conspir...