IFG bucks trend for mortgage growth (Irish Examiner)
OVERALL mortgages drawn down grew to over ?1.5bn, representing a rise of 29.3% on 2004, well ahead of the market average, says IFG Mortgage Brokers.
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Mortgage firm suspends mailings in Wisconsin (The Business Journal of Milwaukee) A West Virginia mortgage company has suspended mailings in Wisconsin because of potential legal issues, which negatively impacted the firm's second quarter net income.read more...
$35M mortgage fraud uncovered: Eight people indicted on alleged foreclosure rescue scheme (Carroll County Online) GREENBELT - Eight people have been indicted in an alleged $35 million mortgage foreclosure rescue scheme to cheat lenders and homeowners facing foreclosure, a case authorities said is likely Maryland's
Cordish Nears Deal To Buy Tropicana A conservator appointed by New Jersey to oversee the Tropicana Atlantic City Casino & Resort is negotiating to sell the property to Cordish Co. for $700 million. The New Jersey
D.R. Horton Earnings Soar 61 Percent on Home Sales; 2006 Forecast Raised D.R. Horton Inc., the largest U.S. homebuilder, said fiscal fourth-quarter earnings soared 61 percent on higher sales and prices.read more...
Tax Relief, Sans Itemizing The giant federal housing and foreclosure relief legislation heading for enactment contains a little-noticed -- but potentially far-reaching -- change in real estate tax policy. read more...
Mortgage industry pledges response to troubled borrower requests within 45 days (Minneapolis-St. Paul Star Tribune) WASHINGTON - Mortgage companies are pledging to let troubled borrowers know whether they're approved for help within 45 days of receiving a homeowner's application.read more...