Six indicted, 14 others also charged in mortgage-fraud case (Crain's Detroit Business) Six local people have been indicted by a federal grand jury in Detroit for allegedly heading up a scheme to defraud banks and other lending institutions and individuals of money
The Hot Issue: Should people with no money for a down payment be able to buy a house? (Reg Req'd) I believe the saying is "Caveat Emptor" or "Let the Buyer Beware." People have to take responsibility for their actions instead of calling themselves victims and blaming others.read more...
From the Chairman of the Nassau County Board of Assessors What a difference a year makes. Last October, I had the temerity to suggest that the governor appoint a bi-partisan committee to study the feasibility of eliminating the school portion
MORTGAGE RATES WON'T STAY THIS LOW FOR LONG (New York Post) MORTGAGE RATES WON'T STAY THIS LOW FOR LONG August 7, 2005 -- Y OU'D better lock in a low mortgage rate while you still can. The Federal Reserve may finally
Deerfield Triarc Looks Beyond MBS CHICAGO-Deerfield Triarc Capital Corp. hopes to increase its allocation of investments outside mortgage-backed securities to more than 45% over the next 12 to 18 months.read more...
New Funding For Latino Homebuyers WASHINGTON -- Leonardo Simpser has blunt advice for homebuyers considering a funny-money subprime loan requiring no documentation: Don't! "If you can't afford to buy a house," he says, "don't buy
U.S. Sen. Bob Casey was in Pittsburgh on Friday to deliver the message about the country’s mortgage crisis, which he said is threatening the American dream for too many families and hurting the economy.
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