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U.K.'s Northern Rock to get emergency funds: BBC  "If it needs to make an announcement in the meantime it will do so" The BBC said on its Web site that Northern Rock, which was Britain's biggest mortgage


Home inspection could benefit the buyer and seller   Home inspections have long played an important role in helping buyers identify home defects when negotiating a home purchase. via Beacon News read more...


Prepay mortgage or invest? (Bankrate.com)  I am purchasing a $230,000 home -- putting down $50,000 and borrowing the rest with a 30-year fixed-rate mortgage at 5.75 percent. I will have an additional $400 per month


Law Firm To Leave Lake Wire Office  read more...


Nationwide sees flat house prices  Nationwide remains cautious about the housing market's prospects House price growth will continue to be flat over the coming year, according to mortgage lender Nationwide.read more...


Mortgage broker's pay practices ruled illegal (The Plain Dealer)  A U.S. District Court judge in Cleveland has found that a Middleburg Heights mortgage broker violated federal law by paying its loan officers only commissions, not a minimum wage.read more...

October 31st, 2005

13th person gets jail in mortgage scam (The Cincinnati Enquirer)

A Cincinnati man was sentenced today to a year in prison, the 13th person given prison time in an on-going federal investigation into home mortgage fraud.

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