Daryl Miller pleads guilty to wire fraud in mortgage scheme (BizJournals) Daryl Miller pleaded guilty to wire fraud for selling two properties and then, after he no longer owned these properties, taking out a mortgage against one, and selling the other
Ask not what Ted will charge your relatives for your cottage Kennedy relatives visiting the family's fabled Hyannisport compound for summer getaways had better bring along their checkbooks.via
JPMorgan Chase Mortgage Volume Increases (AP via Yahoo! Finance) Amid a weakening housing market, JPMorgan Chase & Co. said Wednesday its third-quarter mortgage origination volume increased 35 percent.read more...
Living Life Like Eloise: More Hotels Add Condos With room costs rising, luxury hoteliers are offering condos as the growing wealthy class embraces hotel living.
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9 Mortgage Lenders Agree To Compact To Slow Foreclosures (The Kentucky Post) COLUMBUS, Ohio (AP) -- Nine mortgage lenders who hold about 55 percent of Ohio's subprime home loans agreed Monday to abide by policies designed to help struggling homeowners avoid foreclosure.read
Fitch Downgrades $974M in Mortgage Bonds (AP via Yahoo! Finance) Fitch Ratings cut its rating on $973.9 million in bonds backed by mortgage debt because the agency assumes more people will fail to repay their home loans.read more...
Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the second lowest level of the year, suppressed by further signs of economic weakness.
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