"Lenders do a fair job making mortgage money available," she said.
They need to to open an account in his name to deposit the mortgage money.
What has happened is that prices are down and mortgage money is available.
Appraisers' analysis are used by banks to determine how much mortgage money to lend.
The real estate companies then pocketed the mortgage money, according to the lawsuit.
Over the last 100 years, we've advanced more than $188 million in mortgage money to 11,225 families.
There is now much more mortgage money because banks are selling off mortgages and securitizing them.
In the past year, she has scratched eight lenders off her list as potential sources for mortgage money.
Interest rates climbed to 10 to 14 and even to 17 percent for a while, and mortgage money was drying up fast.
The bank will be unable to advance the mortgage money which I had hoped to get for you.
