19 indicted in mortgage fraud case (Madera Tribune)
SACRAMENTO - Federal prosecutors on Monday announced indictments in a mortgage scheme that victimized more than 100 homeowners and siphoned off nearly $13 million in home equity.
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Mortgage relief plan must walk a fine line (San Diego Union-Tribune) As the Treasury Department prepares a $40 billion program to help delinquent homeowners avoid foreclosure, it confronts a difficult challenge: not making the plan too tempting to people like Todd
Area housing starts down, optimism up "Cleveland is not a bellwether for the national scene" Experts say Northeast Ohio doing better than other parts of the country Editor's note: This is the third of a
Critics see ruin in mortgage plan (Arizona Daily Star) WASHINGTON - That most sacred of tax breaks, the mortgage interest deduction that has helped millions buy homes, could vanish if President Bush and Congress follow the recommendations of his
Fitch Rates WaMu Mortgage Pass-Through Certificates $1.6B Series 2006-AR14 (Business Wire via Yahoo! Finance) NEW YORK----Fitch rates WaMu mortgage pass-through certificates, series 2006-AR14 classes as follows:read more...
Rates on 30-year mortgages rise for the first time since late March Rates on 30-year mortgages, after falling for five straight weeks, edged up a bit this week, reflecting in part indications that the recent economic slowdown would be short-lived. Mortgage giant
Santander bids for UK mortgage lender (AP via Yahoo! News) Spanish banking giant Banco Santander said Monday it has agreed to buy the British mortgage lender Alliance & Leicester PLC in a deal valued at $2.5 billion.read more...