Officials Warn Of Mortgage Fraud Following I-Team Investigation (The WBAL Channel)
An I-team investigation leads Maryland authorities to warn homeowners of mortgage fraud.
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Building activity 'still strong' Residential and commercial building activity remained strong in Olympia through the first half of the year, according to a building permit report released this week by city officials.read more...
Declines in mortgage rates frustrating locked-in borrowers, bankers (BizJournals) A drop in mortgage rates after the rescue of Fannie Mae and Freddie Mac is making buying a house cheaper for many, but also is causing headaches for bankers.read more...
Housing Boom Helped Hatch Mortgage Frauds, Experts Say (New York Times) As the appetite for home loans soared, the apparent inability of lenders to spot suspicious transactions is puzzling to some.read more...
Indian traders implicated in illicit drugs trade WASHINGTON: Of the 43 Indian-Americans arrested in Georgia last week for selling substances used to make methamphetamine, popularly known as "meth," a highly addictive intoxicant, some have been freed on
More fall behind on mortgage payments (Asbury Park Press) More homeowners with shaky credit are falling behind on their mortgage payments, especially in such states as Ohio, Alabama, Tennessee, Michigan and West Virginia, where job losses have struck the
Bear Stearns cutting 310 mortgage jobs (Reuters via Yahoo! News) Bear Stearns Cos said on Wednesday it was cutting 310 jobs in its mortgage origination businesses, as part of a reorganization of its mortgage operations.read more...