Broker sentenced for mortgage fraud (The Cincinnati Enquirer)
A Springdale mortgage broker, Jay Sullivan, was sentenced to 15 months in prison Monday for his role in a mortgage-fraud scheme that cost lenders more than $2 million.
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FBI director: Mortgage fraud is a â?˜substantial problemâ?™ (Argus Observer) HONOLULU (AP) ? FBI Director Robert Mueller on Thursday said the agency was committed to investigating and prosecuting companies involved in mortgage fraud and other violations in connection with home
FirstEnergy sets end to break for all-electric house On April 1, FirstEnergy Corp. will end its decades-old practice of giving customers with all-electric homes cheaper rates.read more...
No-doc/low-doc mortgages more expensive No-doc/low-doc mortgages still are available, but they are more expensive, says Dr. Don Taylor.read more...
Hawaii mortgage rates: 5.875% (BizJournals) Mortgage rates are inching upward, and for the first time in months a local bank is quoting 6 percent for a regular 30-year home loan. Most lenders are an eighth
Lake Wales To Seek Bonds LAKE WALES - The City Commission has a resolution that will begin the process of obtaining up to $9.5 million in bonds, but it will be months before the issue
Utah bank laying groundwork for entry into mortgage market (BizJournals) Houston looms on the radar screen for a Utah-based specialty financial services firm actively expanding mortgage lending operations in 13 states across the Southeast and Southwest.read more...