SoCal developer pleads guilty to mortgage fraud scheme (The Fresno Bee) A real estate developer pleaded guilty Friday to a mortgage fraud scheme that involved buying houses in some of Southern California's most ritzy neighborhoods and selling them to fake buyers
Regulators target mortgage bankers Top federal regulators directed banks to tighten their mortgage lending practices, warning that interest-only loans and other nontraditional mortgages pose a risk to the banking system and the economy.read more...
Optimizing The Inbound Phone Channel To Better Reach Your Customers Chances are your company views customer interactions with your inbound phone channel as a matter of reducing pain, rather than increasing gain.read more...
The Littlest Victims Of the Mortgage Crisis The long arm of the global financial crisis reached down into Morena Parada's preschool classroom, where a little girl named Joeli Arias-Lopez painted bright green and orange splotches on an
Depreciation ¿ The loss of value of an asset because of changes in market conditions or other causes. read more...
Investors aim to save firm behind Opry Mills Two major shareholders of The Mills Corp. offered dueling plans Tuesday to pump hundreds of millions of dollars into the troubled megamall developer to help it pay off heavy debt.Commentread
WASHINGTON - Rates on 30-year mortgages rose this week after the Federal Reserve pushed a key short-term rate up for the 15th time and indicated that more rate increases were possible. Mortgage giant Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.35 percent this week, up from 6.32 percent last week. Analysts attributed the increase to the Fed?s
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