State targets mortgage fraud (The Arizona Republic) A wave of mortgage fraud in the Valley has prompted state legislation that would define it as a crime punishable by up to 10 years in prison. {b}Mortgage fraud defined
National City expects subprime mortgage losses (Washington Post) NEW YORK (Reuters) - National City Corp. , the No. 9 U.S. bank, on Wednesday said it wrote off $11 million stemming from subprime home loans, expects to write off
Housing boom's side effect: rising property taxes (Reg Req'd) MIAMI - Teri Vasarhelyi and her husband thought they would be able to afford a bigger house with more land in Miami two years ago when they left San Francisco,
OnBoard LLC founders make sense of real estate data (Reg Req'd) The controversy about enacting legislation to enforce minimum standards for real estate practitioners seems to me to be a very simple issue.read more...
Short Course: Pledged-asset mortgage (Detroit News) A pledged-asset mortgage is a bit like buying a house "on margin." Borrowers put investments into an account that acts as collateral for a full mortgage.via
Taking a Walk in Weiner's Shoes read more...
TUCKERTON , Officials at the Tuckerton Seaport on Wednesday touted a financial turnaround in 2004 that included settling the museum’s $3.6 million mortgage.
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