Seminole may seek ‘donations’ for schools
With prospects for higher school-impact fees uncertain, Seminole County officials may lean on developers to ante up a “suggested donation” to the school system each time they build a home.
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Mortgage fraud?s new super sleuths (Kansas City Star) Mortgage fraud is being called the country?s fastest-growing white-collar crime. It costs lenders more than $1 billion a year and has turned increasing numbers of federal agents into experts on
Rates, costs hit new home building Rising interest rates have dampened home building activity and high land prices and regulatory costs are making houses more unaffordable, says the Housing Industry Association .Commentread more...
Ambac takes $1.66B mortgage hit (CNN Money) Bond insurer swings to first-quarter loss of $11.69 per share versus $2.02 a year ago, blames mortgage-backed bonds.read more...
Finding the best time to refinance Rates are cyclical, but it has nothing to do with the time of year, says Dr. Don.read more...
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Bond sale could shake up mortgage Market (NorthJersey.com) NEW YORK -- The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even