Remodeling scam nets probation
A man convicted in connection with a basement finishing scam involving nearly 40 homes in the metro area was sentenced Tuesday to 12 years probation and ordered to pay $309,000 in restitution.
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New house contract easier to understand "During the boom market, some of the new start-up companies did not have the knowledge and experience to do contracts correctly. We need to do everything possible to safeguard our
Mortgage rates dip for 2nd week (Fort Wayne Journal Gazette) WASHINGTON ? Rates on 30-year mortgages fell for a second consecutive week, but analysts still believe the future direction will be up as the Federal Reserve keeps tightening credit to
FHA raises mortgage insurance fee to 1.75% (San Francisco Chronicle) Borrowers who take out government-insured mortgages will have to pay higher fees under new rules announced this week. Effective Oct. 1, the Federal Housing Administration will raise its mortgage insurance
Plan to freeze mortgage rates draws swarm of doubters (Houston Chronicle) A government proposal to freeze interest rates on home loans made to borrowers with weak credit would have limited impact in stemming a surge of foreclosures, analysts say. Treasury Secretary
Smelly Carpets, Meet Silver Ions: Products for an Odor-Free Home Textile manufacturers have re-engineered some of the most odor-absorbent materials to create a host of carpeting and furnishings that promise to neutralize bad smells.read more...
Bear Stearns to Sell Mortgage Assets in Hedge Fund, People Say (Bloomberg.com) June 14 (Bloomberg) -- Bear Stearns Cos., the second-biggest U.S. underwriter of mortgage bonds, is liquidating holdings from one of its hedge funds after making money-losing bets on subprime home