Government Crackdown on Mortgage Fraud (NYTimes.com via Yahoo! Finance) More than 400 real estate industry players have been indicted since March, including dozens over the last two days, in a Justice Department crackdown on incidents of mortgage fraud
Fed?s rate cut won?t directly affect mortgage rates (Naples Daily News) Yes, the Federal Reserve cut short-term rates. No, that doesn?t mean that mortgage rates will inevitably go down, especially in the short term. A look at mortgage rates must begin
Local News>Property market surges, mortgage rates fall in vibrant year for real estate (Jamaica Gleaner) The biggest news of the year for real estate was perhaps the increase in mortgage benefits from the National Housing Trust and the ensuing mortgage rates war among building societies.read
Homeowner says mold make her home uninhabitable BRUNSWICK - Number 6 Magill Ave., the first house on a short dead-end residential street that is quite easy for a passing motorist to miss, is clearly unoccupied.via
Elders donate their cars, get free rides As his health declined , Irving Anzmann of Portland, Maine, decided it was no longer safe to drive.read more...
Student loan shame While Congress has been battling over how much to cut student loan programs, another aspect of this debate has been largely overlooked -- namely, the move to prevent students and
Sales of existing homes fell in March while the median home price declined, compared with the price a year ago, as a severe slump in housing showed no signs of abating.
The National Association of Realtors said that sales of existing single-family homes and condominiums dropped by 2 percent in March to a seasonally adjusted annual rate of 4.93 million units.
The median price of a home sold last month dropped to $200,700, a decline of 7.7 percent from the median price a year ago. That was the second-biggest year-over-year price decline on records dating back to 1999. Read more
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