Five indicted in mortgage, loan fraud scheme
Five men have been indicted by a federal grand jury for participating in a property flipping scheme for about three years in the metro area, according to the U.S. attorney for western Pennsylvania.
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2 admit fraud in mortgage plot (Sun-Sentinel) Two investors, one from Boca Raton, have admitted bilking mortgage lenders in a $67 million loan scheme to finance hotels in West Palm Beach, South Florida and Orlando.read more...
Village contests taxes The Village at Penn State Life Care Community is challenging its tax assessment, saying the assessed value established by Centre County is too high.via
Existing-home Sales to Fall 8.1% in 2007, Fannie Mae Sales of new and existing homes will continue their slide this year , due largely to investors pulling out of the housing market, mortgage-finance company Fannie Mae said this week.Commentread
Develop exterior-design savvy The concept of interior design seems understood well enough, but exterior design apparently is not.read more...
Fewer sales cut mortgage deals (Detroit News) Fewer home purchases and less refinancing pushed U.S. mortgage applications down for a second week, according to a survey by the Mortgage Bankers Association.via
Lowe's project moving along WANTED Lowe's company representatives are in the process of hiring store staff members for Henderson Lowe's Home Improvement Center off U.S. Highway 79 South.via