High Risk Home Loan Mortgage Delinquencies Decline For the First Time in Four Years | No Checking Account Loans

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I want to offer a few high level comments before we go to Q&A. First. loans hit the NPA status, any loan that is $1 million or more goes through an impairment test. And 70% of our NPAs have been.

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Tower Financial Corporation Reports Record Quarterly Income of $1.3 Million – Tier 1 Capital / Risk Assets 6% or more 14.02% total risk Based Capital / Risk Assets 10% or more 15.28% The non-performing troubled-debt restructured ("TDR") category consists of two loan.

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Florida Loan Officer Pleads Guilty in $6.5 Million Mortgage Fraud Loan officer sentenced for mortgage fraud scheme – WJXT – Brandee Tumpkin, 29, added fictitious fees on short sales. – A Jacksonville woman was sentenced to two years in prison and must pay $49,000 for her involvement in a mortgage fraud scheme. brandee tumpkin, 29, was also sentenced to three years probation after she’s released from prison. Tumpkin was arrested in June 2014 and pleaded guilty.

And let’s focus first on the circled numbers. Reduction in our total home lending. more than two years. And in most, if not all, instances, over that period of time no principal or interest.

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