Ex loan officer gets one year prison term for fraud BIRMINGHAM, Ala. A Trussville man is headed federal prison for participating in a housing loan scam that cost the federal government thousands of dollars.read more...
New Mortgage Program Gives Small Builders More Control (Builder Online) As federal regulators increase their scrutiny of mortgage products and financial underwriters tighten the standards for subprime mortgages, builders need every available tool to get buyers qualified -- especially first-time
Group seeks help to sell surplus state property An independent commission is asking real estate brokers to help identify surplus state property that could be sold for private development.read more...
Norwegian crook makes $32,000 by renting out apartment he broke into An enterprising Norwegian found a way to turn a tidy profit on Oslo real estate by renting out a nice apartment in a popular part of town.via
Biggest Mortgage Bankers - Production News From MortgageDaily.com (SYS-CON Media) Two California lenders share the title of biggest residential mortgage banker in the country, according to a preliminary analysis of second quarter earnings data by MortgageDaily.com, the dominant source of
Director casts his own home as film location "We didn't feel any obligation to stay Spanish or Mediterranean" The foyer is decorated with only a piano and a chandelier salvaged from another house. via Philly.com read more...
Concerns are growing over the future of Paragon, the UK specialist buy-to-let mortgage lender whose shares have fallen 63% this year, as the turmoil in global credit markets continues to restrict the terms on which banks can borrow money.
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