Recourse in a foreclosure scam
Schemes to “rescue” homeowners often disguise predatory intent, says the Real Estate Adviser.
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Mortgage debt tops £1 trillion for first time (Guardian Unlimited) Money: Mortgage debt in Britain has passed £1 trillion for the first time, the Bank of England reveals.read more...
Washington Mutual Reports 8 Percent Jump in 2nd-Quarter Profit Washington Mutual Inc., the nation's biggest savings bank, said Wednesday that second-quarter profit rose 8 percent as record growth in its retail banking, credit card and commercial businesses offset
Ethics Opinion Allows Law Firms to Own Other Law Firms as Subsidiaries Creating a potential gold mine for law firms, an ethics ruling in New Jersey now allows a law firm to own another law firm as a wholly-owned subsidiary .read more...
Mortgage Brokers Offer Borrowers Alternatives Jack Howard, a Sylvania Township mortgage broker, has seen dozens of competitors crop up in the last two decades, especially during the recent mortgage and refinancing boom of recent years.read
Woman?s identity stolen for mortgage (Daily Herald) A Carpentersville man who works for a temporary employment agency used a stolen Social Security number to secure a $173,000 mortgage for his home, police said Wednesday.read more...
Mortgage applications off 1.5% on week-to-week basis: MBA (Market Watch) Fewer applicants seek mortgages, with the volume of applications filed last week down a seasonally adjusted 1.5% compared with the last week of July, the Mortgage Bankers Association says. Applications