Man convicted of fraud from home building scheme (Reg Req'd) A suburban St. Louis man was convicted on fraud charges relating to a luxury home building scheme, U.S. Attorney James Martin said Thursday.via
New tools help decipher mortgage confusion (The Charlotte Observer) A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal.read more...
The Village Bank Partners With MoneyLine Lending Services to Introduce New Mortgage Lending Program The Village Bank is a state-chartered independent bank that serves residents and businesses of Washington County and portions of Iron County, Utah, and Clark County, Nevada.via
Rising foreclosures of minority-owned homes The single-family housing splurge of recent years is coming back to haunt -- and hurt -- some of the most vulnerable families in the nation: lower-income minorities.read more...
Banking on illegal immigrants The banking industry is opening its doors to a controversial new market: illegal immigrants.read more...
Fed's Fisher Says Subprime Mortgage Damage Is Mostly Contained (Bloomberg.com) April 4 (Bloomberg) -- Federal Reserve Bank of Dallas President Richard Fisher said damage from the U.S. subprime mortgage market is mostly contained and central bankers are trying to ``tread
Toll Brothers Inc., the nation’s largest builder of luxury homes, said Thursday that it expected its first-quarter home building revenue to fall by 19 percent, signaling that the housing market is likely to …
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