No let-up in mortgage squeeze (BBC News) Gross mortgage lending fell by another 2% in May, to push it 19% lower than a year ago, say mortgage lenders.read more...
Freddie Mac participates in foreclosure-prevention effort (Reg Req'd) Mortgage entity joins with financial institutions to educate public Mortgage giant Freddie Mac announced today it is joining 14 financial institutions and the NeighborWorks Center for Foreclosure Solutions to ...read
Realtors Predict Drop in 2007 Home Sales A trade group for real estate agents on Tuesday lowered its forecast 2007 existing home sales for the eighth-straight month, predicting a drop of 8.6 percent from last year.The
Pastor sentenced to three years in prison in real estate fraud SPRINGFIELD, Mass.- A Springfield pastor who admitted defrauding his own parishioners in a $600,000 real estate scam was sentenced to three years in prison.read more...
Sector Wrap: Mortgage Lenders (AP via Yahoo! Finance) Shares of mortgage lenders sank Thursday after two major lenders reported hefty costs in their mortgage businesses. Bank of America Corp., the second-biggest U.S. bank, said disruptions in the
Phishing for your ID: Spam reels in victims When Charlie Cookston, a computer programmer from Indianapolis, opened the e-mail from PayPal, it looked innocent enough.via
The corporate agent for a local mortgage business is being investigated by the North Carolina Banking Commission, but the reasons for the probe aren’t clear, a law enforcement official confirmed last week.
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