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It's a renter's market  Renting instead of an expensive mortgage can be the smart move, and as areas in Florida are finding out, the right move.read more...


Rates on 30-Year Mortgages Edge Higher  WASHINGTON - Rates on 30-year mortgages, after falling for six straight weeks, edged up slightly this week as investors anticipated another rate hike from the Federal Reserve, according to a


Abbey ups mortgage limit to 5 times salary  Abbey, the country's second largest mortgage lender, has increased the amount it will typically lend borrowers to up to five times income, to help ailing first-time buyers.Commentread more...


Immigrants in state expcted to send $300M home to Latin America  More than $300 million is expected to be sent by Latin American immigrants in Connecticut to families in their homelands, according to a new report.Commentread more...


New Sound Beach chief picks up where Chiappetta leaves off  The Sound Beach Volunteer Fire Department's new chief, Alan Yantorno, hopes to continue his predecessor's work in building the department's expertise in state-of-the-art rescue techniques and equipment.via


Councilman Elected Arrested in Mortgage Fraud Scheme (WLBT 3)  There are new developments in the federal investigation of mortgage loan fraud. One of the accused was recently elected a city councilman.read more...

June 2nd, 2005

San Diego Foreclosure Relief Scam Costly to Homeowners

For South Bay homeowners facing foreclosure, Antonio “Tony” Simon must have seemed a godsend.

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