Beware Of Mortgage Scam (WXYZ-TV Detroit)
A local couple is trying to start over after being hit by a mortgage scam. INSIDE: Tom Wait reports
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US housing starts up 0.2 percent in May US housing starts rose 0.2 percent in May, to an annualized pace of 2.01 million units.via
Study of Reverse Mortgage Patterns Will Help Ginnie Mae Market New Securities (Senior Journal) May 18, 2007 ? A study of the timing of reverse mortgage terminations has been completed that provides the information necessary for Ginnie Mae (Government National Mortgage Association) to issue
Second-Home Industry Touts Family Compounds Developers are putting a new spin on an old-money idea. Hailing nostalgia and togetherness, they're pushing preplanned compounds that let extended families stay separately yet together. read more...
Closing Attorneys See Red Over HomeBanc Mortgage's Bad Checks (Law.com) Dozens of Atlanta-area real estate closing attorneys are scrambling after receiving $20 million or more in bounced checks last month from HomeBanc Mortgage Corp. Although Georgia law requires lawyers to
Five killed in China building collapse Five people have been killed when a building which is under repairing collapsed in Yanji, Chinavia
Islamic mortgage for UK Muslims (AME Info) ABC International Bank, the UK-based subsidiary of Bahrain-based Arab Banking Corporation, and Bristol and West, part of the Bank of Ireland Group, have introduced a new Islamic mortgage product called