Mortgage company workers charged in scam (Newsday)
Two mortgage company employees were arrested yesterday for their role in a multimillion-dollar mortgage and identity theft scam in Queens and Long Island, police sources said.
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ING's second-quarter profit plunges ING Direct's second-quarter profit tumbled more than 50 percent, as interest-rate pressures more than offset the benefit from continued customer and deposit growth at the Wilmington-based Internet bank.read more...
National Bank of Wal-Mart? Wal-Mart already offers money-transfer and check-cashing services. The next step is full-on banking.via
Home sales, prices red-hot (Reg Req'd) There were 5,718 homes sold, down 6.5 percent from last year. The median price was $374,000, up 21.4 percent from last year.via
Early Mortgage Payoff Need Not Be Complex (Hartford Courant) When my wife, Georgina, and I paid off our $100,000 mortgage early 19 years ago, we saved $97,468.70 in interest. read more...
Is it worth the risk Town faces question as it evaluates investing in mortgage-backed fund (Greenwich Time) Town officials are debating whether to put part of an anticipated $150 million in tax revenues and bond sale receipts in a state money market fund that is reliant on
Mortgage lending at highest since 2004 (Guardian Unlimited) Mortgage lending reached £28.3bn last month, a record March figure and the highest in any month since July 2004, the Council of Mortgage Lenders said yesterday.read more...