California Mortgage News

All workers are in sales 
Most of us think about sales as a transaction. You swipe your credit card, you sign a mortgage, you drive away in a new car. But selling is also part of everyone’s lives as consumers, employees, parents and spouses. We sell our ideas and we even sell ourselves, especially when we’re pursuing a job or wooing a romantic partner. The experience of promoting yourself can be eerily similar to peddling

Financial Identity Fraud 
They’re accused of creating a false 1040 income tax form and using the document to try and obtain a mortgage. Here are the suspects being sought. They are 39-year-old Mark Louis Evans and 37-year-old Susan Lynn Peterson. The last known address for both of them was 738 Turner Road in Columbus.

In the home-buying frenzy, renters could reap bargains 
The long-term trend toward ownership is making the ‘bubble’ look fairly solid.

First Trust/FIDAC Mortgage Income Fund Declares Monthly Distribution for May of $0.085 Per Share 
LISLE, Ill.—-April 17, 2006–First Trust/FIDAC Mortgage Income Fund today declared the Fund’s regularly scheduled monthly distribution, payable on May 15, 2006 to shareholders of record as of May 3, 2006.