Mortgage
Chevy Chase, MD (PRWEB) November 03, 2011
The Naderi Center for Rhinoplasty & Cosmetic Surgery has earned a 4-star rating for excelling in customer satisfaction, leading to the receipt of the prestigious CMUS Talk of the Town Customer Satisfaction Award in the Health & Medical category.
The Talk of the Town Awards, presented by Talk of the Town News, Customer Care News magazine and Celebration Media U.S., honor companies and professionals that provide excellent customer service as reported by their customers through no-cost, user-review websites, blogs, social networks, business rating services, and other honors and accolades. This data is analyzed by a team of researchers and converted into a star rating; only those that receive a 4-star to 5-star rating receive the Talk of the Town Customer Satisfaction Award.
Now with two locations in Herndon, Va., and Chevy Chase, Md., Dr. Shervin Naderi, MD, FACS, is a facial plastic surgeon serving the greater Washington, D.C. area. The practice is dedicated to rhinoplasty, revision rhinoplasty and minimally invasive facial cosmetic injections such as BOTOX
Category : Mortgage
New York, New York (PRWEB) November 02, 2011
A new video release by the super private social network UmeNow.com peeks into a near future where even the smallest detail of everyday life is tracked by Facebook. It?s an uncomfortable depiction of life under surveillance. It sends a raw and simple message: tracking is stalking. When the stalker is also a powerful mega-giant corporation like Facebook, we enter the realm of big brother control.
According to Evelyn Castillo-Bach, the outspoken privacy advocate, entrepreneur and founder of the private social network UmeNow, ?tracking people without their consent is no different than stalking. It?s a direct and naked attack on individual privacy rights and doesn’t belong in a free society. They know who your friends are, what you think, and where you are right now. People reject governments that abuse surveillance powers to control citizens. Online tracking by social networking giants represents a serious threat to individual privacy. It also violates core democratic principles.”
A recent statement by Canada?s Privacy Commissioner, Jennifer Stoddart, coincides with this view, underscoring that privacy is a core pillar of democratic rights and freedoms: ?The true importance of privacy protection is that it underpins our democratic freedoms.?
?There is no doubt in my mind that Facebook presents a clear, direct and imminent threat to personal privacy and to our democracy,? says the Latina leader of UmeNow. ?Facebook is under investigation in Europe for unlawfully keeping information people deleted from their accounts; tracking people after logging off, and even creating shadow profiles on people that have never used the site.”
Castillo-Bach, who blogs on privacy issues within the ‘In the News’ section of UmeNow says, “Facebook is not your friend. It has morphed into a giant data collector. It acts like a fungus spreading uncontrollably, always wanting to consume more.”
UmeNow prides itself in being an ethical company that provides a safe haven for people who want true privacy and secure communication. ?UmeNow is a grassroots effort to protect the privacy rights of individuals,? says the Columbia J-School graduate and UmeNow chief. ?We have banned third party apps, games, and even ads precisely because they provide a back door to tracking people and extracting private information.?
UmeNow is careful with its corporate friends too. ?We owe our loyalty to our members and not special interests. We are independent and supported by member subscriptions. Unlike Facebook, we are not in a bear hug with Goldman Sachs.?
According to The New York Times, Goldman Sachs was accused of “securities fraud in a civil suit filed by the Securities and Exchange Commission that claimed the bank misled investors who bought a mortgage-related security known as Abacus 2007-AC1 by not disclosing that the security was devised to fail.”
“Does the alliance between Goldman Sachs and Facebook breed user confidence?” asks Castillo-Bach. “Do people really trust that the details of their private lives won’t be used in a manner they never intended? You have a marriage between a company that stalks and one that is practiced in deception and global fraud.”
Evelyn Castillo-Bach is currently in New York City to promote her bold campaigns ?Occupy Privacy? and ?Facebook is Trash, National Privacy Celebration.?
UmeNow.com is based in South Florida in the city of Pembroke Pines. The website was first launched in July 2011. The founder and managing partner is Evelyn Castillo-Bach. She earned her M.S. in 1993 from the Columbia University Graduate School of Journalism, and has traveled extensively in Ethiopia and in the Balkans, accompanying her Danish husband who is a lawyer.
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Category : Mortgage
Washington County, Pennsylvania (PRWEB) October 30, 2011
Mason LLP, Robert Pierce & Associates, PC., and Cuneo Gilbert & LaDuca. The County of Washington, Pennsylvania has filed a class action lawsuit on behalf of Pennsylvania?s 67 counties, seeking to recover unpaid fees from U.S. Bank National Association. Supreme Court of Pennsylvania, Court of Commons Pleas, Washington County, No. 2011-7095.
The Complaint alleges that U.S. Bank created mortgage-backed securities trusts, and earned millions of dollars, by telling the public that it held mortgages secured by real property in Pennsylvania as allowed by Pennsylvania law. However, the Complaint alleges that the mortgages were recorded in the name of the Mortgage Electronic Registration Systems, Inc. (?MERS?) and assignments to U.S. Bank had not been recorded. Washington County?s Complaint demands that U.S. Bank either pay for the privilege of representing to investors that the loans in its trust had priority over subsequent liens or lose that right.
Category : Mortgage
Rochester, New York (PRWEB) October 31, 2011
Dr. Robert D. Manning, distinguished consumer finance scholar (author of CREDIT CARD NATION and link to http://www.creditcardnation.com) and founder of the nonprofit Responsible Debt Relief (RDR) Institute, announced the release of his company?s pathbreaking, online mortgage underwriting, home refinancing, and housing counseling assessment system last week in Salt Lake City, Utah. During his luncheon address at the Utah Housing Coalition conference, Dr. Manning, one of the earliest forecasters of the Consumer-Led Recession and collapse of the US housing market, reported on the current state of the U.S. economy, the perilous condition of the housing market, and the failure of the banking industry to adjust to the realities of current risk-management standards.
According to Dr. Manning, ?public policy-makers made the fatal mistake of assuming that the 2007 recession was propelled by a traditional business-cycle that would last 3 or four years rather than a consumer debt bubble that would require drastic household debt relief through loan forgiveness and low-interest loans.? The problem is that financial institutions have not adjusted to the new reality of their faulty underwriting methods. Individually-based FICO scores and related retrospective financial measures are much less reliable assessments of consumer financial capability in the current environment of consumer credit scarcity. As a result, banks are reluctant to offer loans to creditworthy households that have encountered financial difficulty during this turbulent economic period.
During his presentation, Dr. Manning asserted that a new paradigm for assessing household credit capability must be explored if the nation is to avoid a deeper and more prolonged recession. Otherwise, fewer mortgage and loan applications will be approved which will reinforce falling housing prices and lead to more families abandoning their ?upside-down? mortgages. Dr. Manning then explained the key features of the RDR net cash-flow algorithm/software that calculates net, after-tax household income based on such factors as federal, state and local taxes, household structure, tax filing status, regional cost of living, home ownership status, federal approved deductions such as retirement and charitable contributions, and court-mandated payments such as child support and garnishments.
This proprietary algorithm is the basis of a webservices-based data management system whereby lenders, counselors, and individual consumers can conduct a preliminary, online assessment of the affordability of a mortgage modification, home loan, and even an auto loan.
Following the presentation, Dr. Manning demonstrated the ease and speed in using the RDR online financial assessment system?beginning with a budget assessment based on the net cash-flow software. The assessments can be calculated for individuals and for households. The unique ?Credit Capacity? score provides a quick assessment of the financial situation of a household. Similarly, the online mortgage underwriting, home loan modification, and auto loan assessments estimates the size of the loan that is affordable, whether the borrower should qualify for a prime or subprime loan, and the total cost of the loan. Additionally, RDR offers a unique tenant screening score that estimates whether a person that has experience financial distress such as foreclosure or bankruptcy can afford a particular rent without being rejected due to a low FICO score.
Dr. Manning concluded that, in the short-term, the pace of the US economic recovery will depend on the stabilization of the housing market. Without new risk management tools to a guide recently foreclosed and/or bankrupt families into the rental housing market and more precise underwriting tools that are not dependent on flawed FICO scores, the US will face a decade of declining economic prosperity and widening social inequality.
For more about RDR, its pathbreaking net cash-flow tools, and Dr. Manning, please contact us at 585-563-7675.
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Category : Mortgage
HSH.com Weekly Mortgage Rate Radar: Mortgage Rates Higher Again, But Sustained Upward Trend Unlikely
Foster City, CA (PRWEB) October 19, 2011
Rates on the most popular types of mortgages increased for a second week in a row but remain near record lows, according to HSH.com’s Weekly Mortgage Rate Radar. The average rate for conforming 30-year fixed-rate mortgages rose by 8 basis points (0.08 percent) to 4.26 percent. Conforming 5/1 hybrid ARM rates increased by only 3 basis points, closing the Wednesday-to-Tuesday wraparound weekly survey at an average of 3.11 percent.
?Economic news continues to brighten, pushing mortgage rates upward somewhat,? said Keith Gumbinger, vice president of HSH.com. ?But despite the increase this week, there are few reasons for rates to continue to climb.?
With plenty of challenges still facing the economy, Gumbinger notes, ?There should be ample opportunity for mortgage rates to ease again. The cumulative rate increase in recent weeks has been barely an eighth of a percentage point, so it?s not enough to warrant much concern.?
Average mortgage rates and points for conforming residential mortgages for the week ending October 18, according to HSH.com:
Conforming 30-year fixed-rate mortgage
Category : Mortgage
