Over Half of Home Buyers Remodel read more...
Appraisal Problems Worsened Meltdown CHARLOTTE, N.C. -- As soaring home prices set the stage for America's great housing meltdown, a critical step in making sure those home sales were a fair deal -- the
BofA's reverse mortgage plan rolls out in AZ (BizJournals) Bank of America is launching its reverse mortgage product nationwide, joining other lenders offering alternatives to federally insured home loans, which are subject to lending limits.read more...
Study: State's economy to cool California's economy will slow in the next two years as its "red hot" housing market cools, pushing up the unemployment rate, according to a study by UCLA Anderson Forecast.read more...
Americans Drowning in Debt Since the last business cycle officially ended in March 2001, the US has experienced an extraordinary boom in private household debt.read more...
Mortgage fraud costs lenders in region (The Charlotte Observer) Mortgage fraud has cost Charlotte-area lenders $64 million in recent years, U.S. Attorney Gretchen Shappert said Thursday.read more...
Mortgage brokers are bridging the gap between residential and commercial lending with education in an effort to take advantage of opportunities in the small-balance commercial market. While a recent study of residential brokers nationwide found that small commercial may be the next big alternative product, the survey also found that the majority of brokers who have not previously closed a
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