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Reducing portfolio risk before retirement  As retirement nears, traditional advice says you need to reduce the risk of portfolio loss. But going too far leaves you open to the risk of puchasing-power loss from inflation,


Fitch Affirms 10 RMBS Classes from 2 Carrington Mortgage Issues (Business Wire via Yahoo! Finance)   NEW YORK----March 3, 2006--Fitch Ratings has affirmed the following ratings from the following Carrington Mortgage Loan Trust Issues:read more...


Witness denies bribing housing inspector  Testimony began Tuesday in the Superior Court trial of a city housing inspector accused of shaking down city contractors for money.via


Like-Kind Exchanges Can Be Thorny    The rules are complex and the time limitations are strict, but if you plan to sell investment property, the Starker, or like-kind, exchange will allow you to defer your


H&R Block sells troubled mortgage servicer (MSNBC)  Billionaire investor Wilbur Ross will pay $1.1 billion for H&R Block's troubled Option One mortgage servicing business, which has been rocked by the nationwide mortgage crisis.read more...


Home is extreme secret no more  Capital Area Transit will provide a free park-and-ride shuttle from Gateway Plaza, at Capital and Crabtree boulevards to Poplar Street for the "Extreme Makeover: Home Edition" project.Commentread more...

August 30th, 2006

Mortgage Fraud Ring Dupes Las Vegas Home Sellers (KLAS)

The FBI has identified Nevada as one of the top ten mortgage fraud hot spots in the nation. According to the FBI mortgage fraud costs lenders more than $1 billion a year.

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