Ex-broker gets 12 years in Pa. mortgage scam (AP via Yahoo! Finance) A former mortgage broker sentenced to federal prison Wednesday blamed his poor business acumen for causing hundreds of Pennsylvania homeowners and investors to lose more than $29 million in
? Healthy Activity observed on UK Mortgage Approvals (Turks.US) According to the British Bankers' Association on Tuesday, the number of mortgage approvals jumped in May but analysts cautioned that the rise was largely due to the timing of Easter
City Plans to Extend Contract For Land Sale Monday's agenda for the City Commission includes a proposed resolution to extend the city's contract to sell about five acres along Woodlawn Avenue to Southern Holdings. more»
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Wells Fargo Home Mortgage Sells an eMortgage to Freddie Mac (Real Estate News) RISMEDIA, Jan. 20 ? Wells Fargo Home Mortgage announced that it has successfully sold an eMortgage to Freddie Mac. The secondary market transaction was completed with the assistance of a
Multifamily Deals Multiply Fannie's and Freddie's purchases of multifamily mortgages and mortgage-backed securities set historic highs last year. The government-sponsored programs are expanding in the market to fill a vacuum left by private
Home builder puts pedal to the metal When Meritage Homes Corp. moved into Central Florida late last year, the company was starting from scratch, with zero land on which to build.read more...
The federal mortgage flipping case against Richard Lucas, Kimberly A. Castle and Kenneth Stalnaker has gone to the jury. The three are accused of buying distressed property at low prices, getting inflated appraisals to get high mortgage loans and then pocketing the proceeds.
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