Auburn planners OK Home Depot (Reg Req’d)
A Home Depot store has been approved for Auburn – and that leaves resident Vida Ferris thrilled.
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Two years in prison for mortgage fraud (The Cincinnati Enquirer) Troy S. Clements, former operator of a Springdale mortgage firm, was sentenced to 24 months in prison for his role in defrauding mortgage lenders out of $2.3 million.read more...
Investors at crossroads With signs the real estate boom is slowing, investors are expected to look elsewhere for profits.read more...
Right Target, Wrong Approach to Abusive Fees When a mortgage broker steers a borrower toward a high-rate loan for which the broker collects a rebate from the lender, that payment is called a yield spread premium.
Treasurys end lower following mixed inflation news The note's yield , a reference for mortgage and corporate borrowing, gained to 4.5% from 4.48% Tuesday.read more...
Countrywide, WaMu fall on heightened mortgage worry (Reuters via Yahoo! News) Countrywide Financial Corp led shares of U.S. mortgage companies lower on Friday as investors received fresh reminders that a shortage of liquidity might crimp profits.read more...
Foreclosure Isn't a Foregone Conclusion When it comes to foreclosure, most homeowners are clueless. read more...