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Mortgage brokering & successful broker profiles Broker lawsuits and criminal activity Programs payouts and news about new and existing net branch operations Loan originator leads News about lead companies and lead generation techniques Wholesaler news including correspondent lending & nonprime Wholesaler litigation affiliated publications Mortgage Industry News Headlines Summary of stories published by Last Updated Friday March AM CST W J Bradley Company Merchant Partners LLC announced a deal that will represent its th mortgage company acquisition in the past two years The company it is acquiring is a residential mortgage broker Despite recent market challenges the company's president said he is bullish about mortgage investment opportunities H&R Block Inc issued an announcement Friday updating investors on the progress of the sale of Option One Mortgage Corp Block had hoped to sell the struggling subprime unit by March However recent market conditions have affected the sale process Block said The year fixed rate mortgage averaged percent according to Freddie Mac's latest Primary Mortgage Market Survey The year was unchanged from the prior week But the five year Treasury indexed hybrid adjustable rate mortgage fell while the year Treasury indexed ARM crept higher IndyMac Bancorp Inc reported data Thursday supporting

Pre discharged Subprime Leads One of the unique features of Teletrack&#x ;s bankruptcy lead system is its ability to accurately predict when a chapter bankruptcy will be discharged We use a sophisticated empirically derived discharge prediction process We conduct a daily court by court analysis to predict the discharged date for each chapter bankruptcy You can receive these hot subprime leads at anytime before discharge This gives you the ability to prospect to a consumer immediately prior to discharge before your competition The bankruptcy lead marketing solution is designed to give businesses a tremendous advantage over the competition   Receive leads immediately after the meeting of the creditors called a and make an offer or deliver goods while the chapter bankruptcy is still open   You can reach consumers at the height of their credit concerns and direct them to your business while the competition waits for months until discharge  

Health News Font Size Medical Bills Can Lead to Bankruptcy High Deductibles Co Payments Out of Pocket Expenses Add Up to Big Debt By WebMD Medical News Feb Medical illness can be a financial nightmare leading to bankruptcy Illness and medical bills contributed to more than half of bankruptcy filings a new report shows Illness often leads to financial catastrophe through loss of income as well as high medical bills writes researcher David U Himmelstein MD professor of medicine at Harvard medical School Disability insurance and paid sick leave are critical to financial survival of a serious illness His report provides the first extensive data on medically related bankruptcy Himmelstein writes in the journal Health Affairs Previous studies have looked only at court records where medical debts may be hidden in credit card or mortgage debt he explains Study of this widespread problem has also been impeded by debtor's hesitation to discuss their bankruptcy In surveys only half of those who have gone into bankruptcy admit to it writes Himmelstein His study is based on a survey of debtors in bankruptcy courts a total of bankruptcy filers Of those bankruptcies were due to medical circumstances Those citing medical causes

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