2nd man pleads guilty in alleged mortgage fraud scheme (Winona Daily News) MINNEAPOLIS ? A 27-year-old man has pleaded guilty in an alleged mortgage fraud conspiracy that may involve as many as 200 homes and 50 million in losses.read more...
Homes still seen as cash cows Americans are getting one more cash advance from their homes. They're doing it with cash-out refi's--home mortgages big enough not just to cover debt, but deliver some immediate cash to
Are mortgage tax breaks in danger? (Minneapolis-St. Paul Star Tribune) Just as the U.S. housing boom appears to be slowing, debate is starting among policymakers about reining in one of the most sacred cows of U.S. public policy: the
Testing of new wells under fire The state's real estate and home building industries are opposed to mandatory tests of new drinking water wells, especially if a test backlog could delay the sale of a house.read
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About 123,000 La., Miss. borrowers behind on mortgage payments (The Times) NEW ORLEANS -- About 123,000 borrowers in Louisiana and Mississippi are behind on their mortgage payments even though most took advantage of delayed payment plans in the weeks after Hurricane
Jun 22, 2006 7:21 a.m. SPRINGFIELD, Ill.—Mortgage fraud is a crime FBI officials say has the potential of being a financial “epidemic.” Hundreds of homeowners have been duped by unscrupulous mortgage lenders—robbing them of their hard-earned money—and their homes.
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