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Tighter Standards Coming for Risky Mortgages  New guidelines for nontraditional mortgages will be released this fall, with the goal of clarifying loan terms and tightening standards.Commentread more...


Why Mortgage Life Insurance is Not a Good Idea (Benton Evening News)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Giuliani Jeered for Opposing Flat Tax  "That would amount to the largest tax increase in U.S. history" JACKSONVILLE, Fla._Republican presidential candidate Rudy Giuliani drew jeers Saturday for saying he does not think a flat federal


Planners: We Need Law to Limit Growth  BARTOW - Polk County planning commissioners Tuesday voiced their frustration about knowing that they're approving a development that will further overcrowd local schools yet being unable to stop the damage. read


Weak Market Nationwide Reaches Area as Prices Stagnate    Once again, it all came down to location. Even though the dizzying climb in Washington area home prices generally slammed to a halt last year, the market varied notably


Wade Runs for Seat Again  The NAACP sued a dozen mortgage lenders Wednesday, claiming the companies discriminated against blacks by steering them into higher-interest, subprime loans while giving more favorable loan terms to white borrowers.

July 1st, 2005

2 city men are sentenced in mortgage fraud case

U.S. District Judge David F. Hamilton sentenced two city men Friday for making false statements to a federal agency to obtain federally insured loans for clients of Regal Mortgage.

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