Guilty Plea In Mortgage Fraud Scheme (The Kentucky Post)
A Cincinnati man has pleaded guilty in a mortgage fraud scheme. Investigators say Steven Gittinger admitted to conspiracy to commit bank fraud and money laundering charges.
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State home prices higher; sales, lower Wisconsin's housing market is shrinking, but still gaining value, industry data shows.read more...
Mortgage Bankers to Talk Changing Industry (AP via Yahoo! News) With interest rates rising and "For Sale" signs lingering on lawns around the country, the mortgage banking business is undergoing an unwelcome transformation.read more...
What Fannie, Freddie takeover means The federal government's plan to take over Fannie Mae and Freddie Mac will ensure that mortgages remain available. The takeover probably will put downward pressure on mortgage rates.read more...
Housing starts forecast to decline seven per cent this year: CMHC "However, housing starts are expected to decrease in 2008 mainly due to recent increases in house prices, which will push mortgage carrying costs higher for home buyers." - Housing
Ho-hum response: Plan is to resuscitate financial markets The New Deal it is not. The government's biggest economic bailout since the Great Depression is aimed not at relieving unemployment or reforming questionable business practices but at resuscitating financial
MobileHWY connecting the construction industry Laura Williams-Tracy Special to The Business Journal In the highly methodical world of construction, where every subcontractor's work depends on the successful completion of the sub that came before, ...read