Fifth Third Seeks Criminal Probe Over Alleged Mortgage Fraud
Fifth Third Bancorp has asked for a criminal investigation after allegations of a conspiracy among some bank employees, appraisers, title companies and others.
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FOR SOME, DEDUCTING MORTGAGE INTEREST MAY BE OVER- VALUED: Homeowners' tax break could end (The Charlotte Observer) President Bush's tax-overhaul commission is considering an idea to eliminate the vile alternative minimum tax by, among other things, trimming the break homeowners get on mortgage interest.read more...
Museum Piece Offers Glimpse of a Prefab Future CHICAGO -- Just inside the first floor of the Museum of Science and Industry's Smart Home, a 20-year-old recovered Crate & Barrel sofa flanks a cool-to-the-touch ethanol-burning fireplace that floats
IndyMac will close regional mortgage center (bizjournals.com via Yahoo! Finance) IndyMac Bancorp Inc. said Tuesday that it will close regional wholesale mortgage centers in Kansas City, Tampa, Philadelphia, Boston and Columbia, S.C., as a result of the continued downturn
Foreclosures: Tragedy or opportunity? This may be your big chance, but it's no place for amateurs.read more...
US home sales data signal end to boom Sales of existing US homes dropped 1.7 percent in November while the stock of unsold homes on the market climbed to a 19-year high, the National Association of Realtors said.read