Mortgage fraud up 35% (Pocono Record) WASHINGTON AP ? The once-booming housing market and rising popularity of nontraditional home loans have produced an unwanted byproduct: a 35 percent increase in suspected mortgage fraud.read more...
GMAC subscribes to the Marlborough Stirling mortgage platform (Computer Business Review) Marlborough Stirling Canada has signed a contract with GMAC Residential Funding for the implementation of its Optimus mortgage servicing and securitization application.read more...
The Elevator Economy Home sales hit new record. Sales of new homes in the U.S. rose by 3.4 percent in October.read more...
Murphy's Law rules realty closings The parties haggle back and forth until they agree on a price, then breathe a sigh of relief and pop the cork on the champagne.read more...
Benefits to you: Proceeds are tax-free No monthly mortgage payments required (Landmark) Benefits to you: Proceeds are tax-free No monthly mortgage payments required Use the cash any way you choose Continue to own your home No income or credit qualifications Marc Pisa,
Man Pays Mortgage with Proceeds from Second Life Gig (Joystiq) Jason Ainsworth, 36, plays Second Life at least four hours per day, earning $1,800 per month after taxes. That?s enough to pay the mortgage on his Las Vegas
A class-action lawsuit is focusing fresh attention on a long-festering consumer issue in real estate: Alleged steering of home buyers to affiliated title, settlement and mortgage companies by large realty brokers – sometimes costing consumers hundreds of dollars compared with fees and services…
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