Man Says He Helped Bounce $25M Check
A mortgage broker on Wednesday admitted he helped a real estate developer cheat a bank by falsely pledging to cover a $25 million check the developer had deposited from a closed account.
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Five people indicted in mortgage fraud scheme (Boston Globe) Five people have been indicted for allegedly falsifying bank documents to obtain fraudulent mortgage loans.read more...
Bank forms commercial mortgage division (BizJournals) BankAtlantic said it has formed a commercial mortgage banking division to make long-term, non-recourse, fixed-rate mortgages for acquiring and refinancing income-producing commercial real estate.read more...
Floor show Toni Simmermon spotted the image of a black-and-white floor in a magazine and she knew she would make the ultimate sacrifice.via
What to do with 2/28 mortgage (Bankrate.com) Dear Dr. Don, I purchased my first home back in September 2005 at a fixed rate of 6.5 percent for the first two years and an adjustable rate thereafter. When
NH getting funds to ease mortgage crisis (The Nashua Telegraph) WASHINGTON (AP) -- The government is sending New Hampshire nearly $20 million to help respond to high numbers of mortgage foreclosures. ...read more...
Elmsford man charged in home improvement scam HAWTHORNE - An Elmsford man was accused of scamming an 80-year-old Hawthorne woman out of $11,000 for home repairs that were never done.Commentread more...