Two sentenced in mortgage fraud scheme (The News & Observer)
A Raleigh home builder and a businessman have been sentenced for roles in a mortgage fraud scheme that included inflated offers for new homes, the U.S. Attorneys Office says.
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MAIL BAG: Reverse mortgage pays as long as you're alive (Richmond Times-Dispatch) Q: I have two questions about how senior citizen reverse mortgages work. (1) How are the monthly payments to the homeowner calculated by the reverse-mortgage company, and (2) what happens
Real Estate Weekly -- Nov. 4 THIS WEEK'S REAL ESTATE STORIES It's a common lament among home builders: Land is hard to come by.read more...
MAKE A DIFFERENCE: Family with infant twins needs mortgage help (Lexington Herald-Leader) Several cases were received at Lex-Care this week. Sandra Ballew-Barnes, a case manager at the Breckinridge Family Resource Center, is counseling a family who needs $500 to make their mortgage
Hedge funds re-enter property market Fewer opportunities in the stock market have prompted some hedge funds to bolster returns by making loans for commercial real estate such as office buildings.read more...
San Antonio builder has knack for landmark projects The company orchestrated $75 million in construction projects in 2005. Then in March, the 100-plus employees took a breather to celebrate Browning Construction's 75th anniversary.read more...
Should You Wait To Pay Off a Mortgage? Why it's seldom a good idea to hold off on mortgage payments to play the investment field.via