Real estate on the menu - 2003-09-29
Food and financing usually don't go together, even over a business lunch. Yet Provident Bank is utilizing a mock food menu to sell its real estate services to clients and developers craving project financing.

Approved as a Freddie Mac Program Plus seller and servicer, Capstone services $5 billion in loans and is one of the nation's Top 20 largest commercial mortgage-banking companies.
Read the full story at Cincinnati Business Courier

Soaring real estate values provides mortgage insurance relief to some - 2003-09-29
"Once your equity attains 20 percent, you can get out of PMI," said Lawrence J. Bilansky, a certified public accountant and tax manager at T.M. Byxbee in Hamden. "The appreciation go directly to your equity."

Anyone who has ever bought a home with less than 20 percent down has had to pay PMI, which protects the lender from defaults.
Read the full story at New Haven Register