Man gets 12½ years in mortgage fraud (Denver Post)
A 44-year-old Centennial man has been sentenced to more than 12 years in a federal prison following a mortgage-fraud conviction.
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Dealing with mortgage woes (The Record) The foreclosure clock is ticking for Patricia Jennings. She's missed three months of mortgage payments on her Pontiac, Mich., home. She owes $1,800, but she's been out of work since
Is an Interest-Only Home Loan Safe? Is an Interest-Only Home Loan Safe? Apr 18, 2005 6:46 pm US/Pacific After just two days on the market, Chris Klayko had eight offers on his house -- all for
Mortgage crook off to prison (Erie Times-News) Robert L. Dodsworth, the Erie man sentenced to more than six years in prison for his part in a widespread mortgage-fraud scam, starts serving his federal prison sentence today.read more...
Taxpayers may pay legal bills for mortgage execs (Lexington Herald-Leader) When the government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts. They're also potentially on the hook for tens of millions of
Consumer spending report reveals Katrina's wrath Consumer spending plunged in August at the steepest rate since the September 2001 terrorist attacks as Hurricane Katrina slashed Americans' incomes, fanned inflation and caused $170 billion in losses from
Interest rate cut sparks mortgage approval rise (Guardian Unlimited) Mortgage approvals rose substantially in August after the Bank of England cut the interest rate for the first time in two years, official figures showed today.read more...