Home mortgage closure system facing revamp (San Francisco Chronicle)
Washington—Is there any hope for simplifying the paper-laden, costly and often confusing American system of closing a home mortgage? Can anybody help straighten out the mess?
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Man gets more than 12 years for mortgage fraud scheme (Jefferson City News Tribune) KANSAS CITY (AP) - A real estate investor who pleaded guilty to leading a multimillion-dollar mortgage fraud scheme was sentenced Friday to 12 years and seven months in federal prison.read
When There's Too Much Room for a Family A hundred years ago, most Americans shared small living quarters with only a few rooms, and family members were constantly interacting with one another. read more...
GMAC Commercial Mortgage completes financing on 2 multifamily deals (Birmingham Business Journal) GMAC Commercial Mortgage Corp.'s Birmingham office has arranged acquisition financing for two multifamily properties, one in Dothan and one in Winston-Salem, N.C. The loans total nearly $25 million.read more...
Home Depot Chief Renovates When Frank Blake became Home Depot's CEO, he found himself saddled with a renovation project. Despite dwindling home sales and limits on spending, he has been making changes in both
Confused by all the Mortgage Options? Here's Help (Advocate Tribune) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Area Bank Makes $142-Million Commitment in Delaware County A major financial partnership between Delaware County, Pa. and one of the region's leading banks will make it easier for homeowners and small businesses to get money help for at