Rice gets big fee to leave Seattle bank
The Federal Home Loan Bank of Seattle paid Norm Rice more than $427,000 when he stepped down as chief executive on March 15, the troubled bank disclosed this week in a regulatory filing.
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Adjustable-loan holders switching (Boston Globe) West Roxbury resident Jay Russo had a choice: Hang on to his adjustable-rate mortgage, which has a very low rate that could rise dramatically next year, or refinance into a
My House Isn't Selling, Should I Panic? Panic no, talk to your agent absolutely. This is a very different market than it was a year to eighteen months ago.read more...
Mortgage Fraud News From MortgageDaily.com (PR Newswire via Yahoo! Finance) With trillions of dollars in annual mortgage production, fraud committed on just a small fraction of mortgages winds up in the billions, according to Sam Garcia, Publisher of MortgageDaily.com,
Extrordinary Times... WHEN ASKED TO DISCUSS THEIR current financial condition and prospects for future growth, virtually all public home builders are singing the same tune.read more...
Like It or Not, Grandmother Is Entitled to Her 'Secret Adviser' Q: Our grandmother is 90 years old and lives alone in her house. The property is free and clear of any mortgage, we thought, and is worth about $300,000.
Freebery mortgage fraud trial opens in Philadelphia (TimesLeader.com) PHILADELPHIA - Former New Castle County Chief Administrative Officer Sherry Freebery never intended to repay a $2.3 million loan from a du Pont heiress, Freebery's attorney's said Monday at the