Federal investigation targets North Charleston housing project Power outage closes Richland Co. Administration building Big Ten makes deals to change bowl partners July 20, 2005 - A federal investigation of a North Charleston project has cost a
5% of Total Households Own 2 Houses or More About 890,000, or 5 percent, of the total 17.77 million homeowners own two or more houses, the Ministry of Government Administration and Home Affairs said on Monday.read more...
Housing starts up but trend still lower "We have not hit a bottom (in housing). We need to see starts fall to a 1 million unit rate, or roughly a 20 percent drop from current levels, before
SF Dist. Attorney: 'PUC' is Not the PUC A local home improvement contractor is under fire, accused of deceptive advertising.via
NAACP files suit against mortgage lenders in L.A. (Detroit Free Press) LOS ANGELES -- The NAACP sued a dozen mortgage lenders on Wednesday, claiming the companies discriminated against blacks by steering them into higher-interest, subprime loans while giving more favorable loan
Six Utahns indicted for mortgage fraud (Provo Daily Herald) Scheme leads to value adjustments of 460 homes in Riverbottoms area The forfeiture of millions of dollars in criminal assets and lengthy prison terms are among penalties sought by the
“The federal government has provided assistance to Wall Street, now Congress must turn its attention to Main Street”
While senators realize they need to address the nation’s housing-related economic crisis, Democrats and Republicans are divided over how to tackle the issue.
The Democratic bill being voted on Tuesday blends several provisions aimed at easing the foreclosure crisis, such as providing $4 billion to communities to purchase and rehabilitate foreclosed homes and improving disclosure of subprime mortgage loans so borrowers won’t be surprised by big payment increases.
The underlying measure faces uncertain prospects as rival Democrats and Republicans spar over how freewheeling a debate to have on it. It seemed likely that Republicans would again block the bill, as they did Feb. 28. Read more
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