FBI probes reports of mortgage fraud in Twin Cities (KARE 11 Minneapolis-St. Paul)
Federal investigators are probing a possible rash of mortgage fraud in the Twin Cities in response to reports of a large number of
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Mortgage firm fined over lost £2m (BBC News) A mortgage firm has been fined £1.12m after failures resulted in hundreds of borrowers suffering losses of £2.3m.read more...
RBS Writes Down More Assets, May Post Annual Loss Royal Bank of Scotland Group PLC said Tuesday it could suffer its first ever annual loss this year after it announced more writedowns on bad assets in the third quarter.read
U.S. Stocks, Buoyed by Economic Growth, Recoup Losses in Second Quarter U.S. stocks rebounded from losses in the second quarter amid optimism that the economy can weather record oil prices and expand without causing inflation to accelerate.via
Replacing Drainage Pipe Under Road to Ease Flood Threat read more...
Reilly Mortgage, Cohen Financial Deals Mark Changes in Industry (Commercial Property News) Two deals announced Thursday are examples of how the face of commercial real estate lending is changing as more large publicly held institutions acquire privately owned commercial mortgage finance companies
U.S. MBA's Mortgage Applications Index Surged 32% Last Week (Bloomberg.com) Jan. 9 (Bloomberg) -- Mortgage applications in the U.S. jumped last week, led by a surge in refinancing as long-term interest rates fell to the lowest level in two years.read