Mortgage fraud rises alarmingly (The Record)
Mortgage lender First Financial Equities of Teaneck made three refinance loans totaling $613,800 in 1999 to a customer who put up three housing units in Spring Valley, N.Y., as collateral.
read more…
Developers Try to Limit Speculative 'Flipping' For the past few years, it has been a way to make easy money: Sign a contract to buy a property when it is still nothing more than a
U.K. Feb. Mortgage Approvals Fall to 3-Month Low, BOE Says (Bloomberg.com) March 29 (Bloomberg) -- U.K. mortgage approvals fell to a three-month low in February, the Bank of England said, suggesting a pause in Britain's housing market revival.read more...
We aren't teaching our kids enough about money In the book of Proverbs we are told: 'Train up a child in the way he should go: and when he is old, he will not depart from it.'
Econ Edge: The Economic Week Congressional Budget Office Summer Update The CBO releases its summer update of the January 2005 Budget and Economic Outlook.read more...
E-Loan to launch controversial TIC mortgage (bizjournals.com via Yahoo! Finance) Online loan broker E-Loan plans to soon introduce a mortgage to facilitate homebuyers purchasing as tenants in common.read more...
Burned out building finally being razed For seven months, motorists heading east into downtown Galesburg on West Main Street have been greeted by the burned-out hulk of Appliances Unlimited, which was destroyed by fire on Dec.via