HUD settles with KB Home Mortgage (BizJournals)
The Department of Housing and Urban Development said it reached a $3.2 million settlement with KB Home Mortgage Co. in connection with a series of alleged violations of HUD requirements.
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Home prices defy season, gravity (Reg Req'd) Portland-area median home prices in November jumped 19.1 percent from the same month a year ago, adding fuel to an increasingly fiery debate about whether the housing market is slowing
Highest mortgage defaults since 1998 (Orange County Register) Mortgage Insider: Report from DataQuick shows that there were 1,021 housing loan defaults in Orange County last month.read more...
All Business: Mortgage Woes No Surprise "We aren't going to participate in that." Century 21 Real Estate's CEO Thomas Kunz may have unintentionally hit the nail on the head when he declared that a 'pity
Parade Home Meets Needs of Older Owners read more...
Mortgage Business Accused of Stealing Loan Money (WOAI) They preyed on the poor, elderly and people who speak little english. And they went after the one thing of value these families own: their homes. Now, the News 4
Mortgage fraud takes a growing toll (The Arizona Republic) The FBI, which is targeting mortgage fraud throughout the country, said in a May report that the crime is ''pervasive and growing.'' Nationally, lenders reported 17,127 suspected incidents of mortgage