Five accused of mortgage fraud (The Sacramento Bee)
SACRAMENTO - A federal grand jury has indicted five Sacramento-area residents on mortgage fraud allegations.
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Interest-Only Home Loans Built on the assumption that home prices will continue to rise, interest-only mortgages represent a gamble that many home owners accustomed to conventional fixed-rate loans would never take.via
Office of Financial and Insurance Services reorganizing to give mortgage industry more scrutiny (Crain's Detroit Business) The state?s Office of Financial and Insurance Services on Monday announced it?s reorganizing to keep better tabs on fraud within the mortgage lending industry.read more...
More Hoops for Borrowers If you hope to get a mortgage this coming year, look beyond your credit score, because that's what lenders will be doing. read more...
ADV: Get Debt-Free - For Life Avoid collections, bankruptcy, foreclosure, and repossession. Build your financial future. Free consultation nearby.read more...
Construction Activity Falls in November Construction activity showed further weakness as spending on homes dropped for a record eighth consecutive month.Commentread more...
New Lessons For Your Mortgage (CBS News) A new form of adjustable rate mortgage calls for caution on the part of home buyers, particularly those who are buying for the first time. Financial adviser Ray Martin