Bank of America to buy reverse mortgage unit (Courier-Post) Bank of America Corp. announced last week it has agreed to acquire the reverse mortgage business of Seattle Mortgage Co., a subsidiary of Seattle Financial Group Inc.read more...
South Africa: Mortgage Advances Up On Last Year (AllAfrica.com) IN SPITE of the two interest rate hikes this year, mortgage advances by the financial services sector increased 30,2% year-on-year last month, the highest growth on record since 1965, according
Probe finds 50 computers from city schools at Squirrel Hill store Fifty computers that Pittsburgh Public Schools officials didn't even realize were missing showed up this week during a federal investigation into a Squirrel Hill store suspected of selling stolen goods,
Wall Street Sees Limited Storm Impact NEW YORK, Sept. 5 -- Wall Street economists and money managers spent the long holiday weekend keeping close watch on the effects of Hurricane Katrina, with many saying that, despite
Boss can't be a crook, says employee mocking charges Calling the charges bogus, an employee at a shipping company says he doesn't believe his boss has any involvement with an international bank-fraud ring busted last week.Commentread more...
As home prices soar, so does mortgage fraud (Reg Req'd) Home mortgage fraud and inflated appraisals are becoming a national epidemic, fueled by low interest rates and the hot housing market, federal law enforcement authorities say.via
One of the nation’s largest mortgage lenders, Houston-based Aegis Mortgage Corp., stopped taking new loans Monday. “It’s a bloodbath out there,” said Mark Cady, senior vice president of Market Street Mortgage in Houston.
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