Nationwide surge in remodeling helps fuel local economy
REDWOOD CITY , Americans broke spending records on home remodeling last year, a national trend that has also been playing out in neighborhoods and city halls across the Peninsula.
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Summer storms can leave behind contractor scams Summer storms, such as the high winds and tornado that ripped across Auglaize County about 10 days ago, leave behind more than debris and rubble.read more...
Guilty plea in money laundering tied to mortgage fraud (The Kansas City Star) A Kansas City man has pleaded guilty to conspiracy to commit money laundering in connection with a $14 million mortgage fraud that had preyed on lower-income homebuyers.read more...
Developers default on $8.7M mortgage (Bonita Daily News) Two years after buying the historic Weeks Fish Camp, the new owners have defaulted on the $8.7 million mortgage and could see the property sold to pay their debts.read more...
American Home Mortgage Closes Its Doors (Seeking Alpha via Yahoo! Finance) Mortgage lender American Home Mortgage Investment Corp. will shut down most of its operations on Friday, the company announced late Thursday night. "Bankruptcy is the next logical step," said
WaMu Ditches the Wholesale Mortgage Biz (BusinessWeek Online via Yahoo! News) Troubled thrift giant Washington Mutual , once one of the biggest players in residential mortgages, will stop making loans through independent mortgage brokers -- what the industry calls the
Northwest Mortgage Brokerage Pioneers New Business Model for the Mortgage Industry (PR Web via Yahoo! News) (PRWEB) February 18, 2006 -- With rates holding steady and many proclaiming to be "pros in the lending industry," there seems to be a mortgage shop around every corner.read