Lehman to Cut 1,300 Mortgage Jobs (NYTimes.com via Yahoo! Finance)
In a move that will shed 1,300 jobs, Lehman Brothers said it would stop wholesale mortgage lending amid a continued slump in credit and housing.
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Wantage man latest to plead guilty in Paterson mortgage scam (phillyburbs.com) NEWARK, N.J. - A former mortgage broker became the latest person to plead guilty in a wide-ranging scam run by a Mahwah real estate mogul.read more...
Remodeling is a bit sluggish Home remodeling was down about 6 percent in late 2006, after more than a decade of strong increases.Commentread more...
4 arrested in relation to Kaufman County mortgage scam (Dallas Morning News) Texas Attorney General Greg Abbott has arrested four northeast Texas men and women alleged to be involved in a mortgage scam and charged them with new fraud allegations related to
Realty shows become hot properties on cable "Everyone still wants a piece of the pie, but it is a different game now" Reality TV is getting a strong dose of realty TV. Even as home sales
Is Switching Mortgage A Good Idea For You? (Fool.co.uk via Yahoo! UK & Ireland Finance) There's a fairly simple way to work out whether switching mortgage makes sense for you.read more...
Balloon or bubble? Over the weekend, Federal Reserve Chairman Alan Greenspan warned housing boom speculators should be very careful.read more...