Brookdale Grabs Five Sites for $180M Locally based Brookdale Senior Living Inc. has completed the acquisition of five independent living, assisted living and CCRC facilities from Boston-based AEW Capital Management LP.read more...
Fraud Probe Nets Prison Guard A federal prison guard and a state parole officer are among five people arrested as part of an elaborate mortgage fraud scheme in Atlanta, officials announced on Friday.read more...
FBI Probes Virginia Mortgage Scam The sidewalks are still scrubbed and most lawns are neatly trimmed, but now the subdivision of townhouses off Route 1 in Woodbridge is pocked with empty windows and foreclosures.
There's no place like home If you're looking for startup capital, all that equity can be even more enticing.read more...
Glaser sale should boost loans, servicing Glaser Financial Group will have a new name, MMA Financial, when its acquisition is completed by Baltimore-based Municipal Mortgage & Equity in the third quarter.via
CD yields and Fed rate hikes The rate hikes have a big impact on short-term rates, but less on long-term rates.via
Dear Mary: I recall my father paying his mortgage twice a month and saving a lot of interest. How does that work? ? Dwight H., e-mail Dear Dwight: The theory is that by paying half of your mortgage payment every two weeks, in one year you will have made 26 half-payments, or the equivalent of 13 monthly payments.
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