About face! Reverse mortgage may help cash flow What is a reverse mortgage? It allows homeowners age 62 or older to draw money from the equity in their homes.read more...
Mortgage demand grows, even as the average 30-year mortgage rate rises Applications for home mortgages increased last week as both home purchases and refinancing picked up despite a rise in fixed-rate mortgage rates, an industry group said Wednesday.Commentread more...
Felasco faces mortgage foreclosure (The Youngstown Vindicator) NEW CASTLE, Pa. (AP) ? Lawrence County's treasurer, whose office is being investigated by state prosecutors and whose office cell phones were linked to a sex club, is facing other
Man gets 30 years in prison for complex cocaine-mortgage scheme CAMDEN, N.J. - A major Camden cocaine wholesaler who used his drug profits to buy dilapidated properties and resell them at inflated prices was sentenced Friday to 30 years in
Housing Bubble Trouble From the Weekly Standard : Housing Bubble Trouble Have we been living beyond our means? WITH NEW HOME SALES DOWN 10.5 percent in February, and with home prices declining for
Short sale, long profit? A short-sale saves both homeowner and lender the expense of foreclosure.read more...
Irwin Financial Corp. on Nov. 6 reported third-quarter net income from continuing operations of $9.2 million, or 31 cents per share, compared to $13.2 million, or 46 cents per share, in the year-ago period.
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