Types Of Bankruptcy

30-Year Mortgage Rates Increase to 6.67% (Los Angeles Times)  Rates on 30-year, fixed-rate mortgages averaged 6.67% this week, up from 6.62% last week and the highest since the week ended June 13, 2002, mortgage company Freddie Mac said.read more...


Mortgage lender IndyMac to cut 24 percent of work force (Addict 3D)  Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to


Former prosecutor sentenced in mortgage theft (The Philadelphia Inquirer)  A former Bucks County prosecutor who had pleaded guilty to stealing mortgage payments, writing bad checks, and forging a judge's signature was sentenced to prison by a Delaware County Court


'Sleepy Little' Mount Zephyr Wakes Up To Change    Since Dan Burrier became president of the Mount Zephyr citizens association in January, membership in the association has tripled. read more...


In New India, Old Industry Buoys Peasants  Robert Gill, the past District Deputy Grand Exalted Ruler, administered the oath of office to Ryan Sanders, the new Exalted Ruler of Winter Haven Elks Lodge 1672. read more...


Starting with an interest-only loan  I'm considering going with an "interest-only" mortgage when I buy my first home.read more...

April 10th, 2008

Arrests halt huge mortgage-fraud scam (Louisville Courier-Journal)

An ongoing effort to stamp out real-estate scams and decrease the number of foreclosures in Indianapolis has exposed a mortgage-fraud ring involving 568 homes and more than $37 million in fraudulent subprime loans, officials said this week.

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