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Guilty plea entered in mortgage-fraud scheme
A disbarred local attorney accused of misusing his clients’ money in a mortgage-fraud scheme pleaded guilty Friday in federal district court, the U. S. Attorney’s Office announced.
http://www.buffalonews....
Mortgage rates continue to drop
National mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy. Rates in Greater Cincinnati, meanwhile, set a new 25-year low for the third time in the last eight weeks.
http://news.cincinnati....
Mortgage Network expands into Dewey office
Mortgage Network Inc., the largest independent mortgage company in the Northeast, has announced a major expansion effort across the Mid-Atlantic region with offices opening in Wilmington, Dewey Beach and Elkton, Md. This expansion effort is managed by Regional Vice President Bob Johnson out of Lancaster, Pa. headquarters.
http://www.capegazette....
Churches not exempt from nation’s foreclosure problems
CLEARCREEK TWP., Warren County — Pekin Road Baptist Church and the former Ridgeville Community Church are local examples of a negative national trend in the American mortgage industry.Since December 2007, the number of foreclosure proceedings brought against churches has tripled compared with the previous seven years, according to a review of the Thomson Reuters Westlaw legal database which ...
http://www.daytondailyn...
Banks to allow local groups to buy foreclosures
The Obama administration said Wednesday local officials could benefit from acquiring these properties and renovating them or using the land for redevelopment projects.
http://www.npaper-wehaa...
Real Estate: Communities to get first shot at foreclosed homes
WASHINGTON -- Major mortgage lenders will now give state and local governments the right to buy foreclosed properties before they go on the market, giving them "a leg up" on speculators who have often thwarted local redevelopment efforts, Housing Secretary Shaun Donovan announced Wednesday.
http://www.rgj.com/arti...
Woods takes out $54M mortgage
Woods takes out $54M mortgage JUPITER ISLAND, Fla. (AP) -- Fresh off his divorce, Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments to an
http://www.daily-jeff.c...
Ex-bank manager, recruiter charged in Boston loan case
A former Bank of America Corp. branch manager and a Virginia-based real estate recruiter were charged with wire fraud in federal court in an unfolding case of an alleged long-running mortgage fraud scheme that led to foreclosures and abandoned buildings in Dorchester and Roxbury, the US attorney’s office confirmed yesterday. United States - Real estate - Boston - Wire fraud - Mortgage fraud
http://www.boston.com/b...
DC Acts Against Foreclosure Rescue Scam
A local D.C. businessman is under fire for allegedly duping a dozen elderly and poor D.C. residents out of their homes in a foreclosure rescue scam.
http://www.myfoxdc.com/...
Foreclosures soar in Mass. in July
More than 1,200 Massachusetts homeowners lost their properties to foreclosure in July as the sluggish economy and high unemployment keep pushing the number of homes taken back by lenders toward what could be a record high this year. Foreclosure - Real estate - Unemployment - Massachusetts - Business
http://www.boston.com/r...
Foreclosures mount in Idaho
Home foreclosures are climbing in the Northwest and Midwest, areas that had earlier dodged the worst of the mortgage crisis, according to real-estate data firm RealtyTrac.
http://seattletimes.nws...
Down economy means business (programs) at area colleges
Despite recession, area colleges diversify business education offerings The Johns Hopkins University is pitching a new Global MBA program to students around the world. Loyola University Maryland's business school is luring professionals still fresh in their careers to a new, intensive one-year MBA program.
http://www.baltimoresun...
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