Keith Locker Named to President of RFR's Inlet Capital LLC - 2004-02-23
RFR Holding LLC has declared that Keith M. Locker has joined RFR affiliate Inlet Capital LLC as President. Furthermore, Mr. Locker was appointed President and Managing Member of Global Capital Resources LLC and President of GRC Advisors, Inc.

The fund offers a range of structured finance options including first and second mortgages, partnership loans, participating debt and interim facilities.
Read the full story at Business Wire via Yahoo!

Be careful of fine print of deals guaranteeing closing costs - 2004-02-23
Vinny Worley was nailed with an unexpected $1,800 transfer tax the day he was set to close the deal on his new house in 2000.

So when Worley decided to refinance the same house a few years later, he was intrigued by a deal that promised to guarantee his closing costs. In other words, the price quoted for services such as the title and appraisal wouldn't change at the time of the closing. If unexpected costs arise -- such as the $1,800 transfer tax -- they would come out of the mortgage broker's pocket, not his.
Read the full story at AP via New Jersey Online