Robert Bruss: Is tax due on cash-out mortgage refinance? (Naples Daily News) DEAR BOB: We just refinanced our condo, receiving part of our equity in cash. Is the money we received taxable? ? Sheila D. DEAR SHEILA: No. When you refinance your
Stricter Standards Sought for Lenders, Brokers For the American mortgage market, it could be the hottest buzzword of the year: Suitability. read more...
Credit Suisse's Dougan Says Mortgage Turmoil May Last (Update1) (Bloomberg.com) Oct. 3 (Bloomberg) -- Credit Suisse Group Chief Executive Officer Brady Dougan said the market for mortgage credit will be ``problematic'' for as long as 18 months.read more...
City will remodel its jail The City Council has authorized the Marysville Police Department to begin a $372,550 remodeling of the city jail that will add 10 beds.via
Omni Home Loan Officer Support Mechanisms Refreshing to Successful Reverse Mortgage Consultants (SYS-CON Media) Omni Home, a reverse mortgage originationfirm which specializes in providing sound financial advice and products toAmerica's senior population, is building continued industry interest amongsuccessful loan officers looking to increase value
For Every Timeshare Promise, Plenty of Unanswered Questions Q: On a recent vacation in the Caribbean, we were approached by a young woman who wanted us to buy into a vacation home's ownership. read more...
The housing market slump translated into brisk business last year for mortgage scammers and the federal agents who pursue them, with the FBI winning 206 convictions, recovering nearly $22 million and still chasing a growing number of securities and commodities fraud cases.
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