Mortgage Scammers Finding Slim Pickings
Mortgage scammers took advantage of loopholes in New York State lending laws to defraud homeowners and lending institutions all over the state, according to a new report released Thursday.
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Top mortgage lender gets loan (The Plain Dealer) Los Angeles - Countrywide Financial Corp. borrowed $11.5 billion on Thursday to buy itself some time to ward off bankruptcy - the fate that has befallen some of its smaller
Developers plead guilty in mortgage fraud case (KARE 11 Minneapolis-St. Paul) A longtime home builder, his wife and son-in-law have pleaded guilty for their roles in a mortgage fraud scheme that bilked lenders andread more...
Mortgage foreclosures hitting Connecticut cities hard (Boston Globe) Mortgage defaults and foreclosures in Connecticut's cities have skyrocketed over the past year as homeowners buckle under the weight of rising costs associated with subprime and predatory loans, a real
Energy-wasters high on homeowners' hit lists After years of dwelling on design issues during the new home building boom, high home fuel prices have Americans looking for some big-ticket ways to save energy.Commentread more...
Four Indicted In Mortgage Fraud Investigation (KCRA TheKCRAChannel.com via Yahoo! News) Four men accused of being involved in a mortgage fraud scheme will face charges in federal court, U.S. Attorney McGregor W. Scott said Tuesday.read more...
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
August 2nd, 2008
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