Benefit cheat must repay 1.6m
A FRAUDSTER who built up a multimillion-pound property empire with the proceeds of a complex housing benefit fraud has been ordered to repay a record 1.6 million to the state.
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Spain's Santander is in talks to buy British bank Alliance & Leicester LONDON: Spain's largest bank Santander is negotiating to buy U.K. bank Alliance & Leicester Plc.read more...
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One way out of a mortgage -- 'short sales' (Newsday) In a tumultuous real estate market, more strapped homeowners, lenders are striking 'short sale' deals A growing number of homeowners who can't pay their mortgages are ditching
When Negative Amortization Amortization means that your monthly payments are large enough to cover both the principal and interest portions of the mortgage payments.read more...
Home lost over ground rent A Washington Village rowhouse is sold at auction for $98,000 after the property owners fail to pay several hundred dollars for the ground rent.via
Mortgage giant Infonavit mulls raising 2006 lending target 7% - Mexico (Business News Americas) Mexico's largest home finance entity, state-run housing agency Infonavit, could raise its 2006 lending target by as much as 7%, its CEO Víctor Borrás said Monday.via