Two Burlco men charged mortgage scheme bi2120838 PHILADELPHIA Two Burlington County men were charged fraud-related offenses for roles multiple schemes Friday after being caught by undercover federal agents, the U.S. Attorneys Office Philadelphia said

Bank scammers convicted $100M mortgage racket bi2120838 Manhattan prosecutors won grand-slam convictions today against four of the unsung villains of the housing market collapse -- a quartet of brokers and lawyers who ran a $100 million scam using properties and straw buyers from across the city. DA Cyrus Vance called the case against AFG Financial Group..

Hedge Fund Sees Risk Mortgage Bonds After 28% Gain bi2120838 Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. -bond trader Deepak Narula, returned 28 percent the first half of year, boosted by government-backed debt that benefits from limited homeowner refinancing

Two Burlco men charged mortgage scheme bi2120838 PHILADELPHIA Two Burlington County men were charged fraud-related offenses for roles multiple schemes Friday after being caught by undercover federal agents, the U.S. Attorneys Office Philadelphia said

Bank scammers convicted $100M mortgage racket bi2120838 Manhattan prosecutors won grand-slam convictions today against four of the unsung villains of the housing market collapse -- a quartet of brokers and lawyers who ran a $100 million scam using properties and straw buyers from across the city. DA Cyrus Vance called the case against AFG Financial Group..

Hedge Fund Sees Risk Mortgage Bonds After 28% Gain bi2120838 Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. -bond trader Deepak Narula, returned 28 percent the first half of year, boosted by government-backed debt that benefits from limited homeowner refinancing

The changes on FHA loans and how they affect borrowers and sellers bi2120838 Seller concessions What are they? Contributions that sellers kick to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions half, capping them at 3 percent of the home pr Federal Housing Administration - Business - United States - - Financial Services..

What the new consumer protection bureau do for home buyers bi2120838 The agency expected to move quickly to revise rules on real estate appraisal accuracy and independence. The financial reform bill signed law by President Obama may look like a giant cornucopia of helpful changes for home buyers and loan applicants, not the least of be the creation of a powerful Consumer Financial Protection Bureau to ride herd on the lending industry

Bad debt returns to bite Myrtle Beach area banks bi2120838 A lawsuit filed against a former Myrtle Beach broker who has admitted to bank fraud illustrates a growing trend for banks that were duped by fraudulent loan applications during the real estate boom, and experts warn the fallout could put further pressure on banks already straining from real estate losses

Column on real-estate licensing inaccurate and insulting bi2120838 A Herald-Tribune real estate columnist recently took aim at what he believes are lax licensing..

Once-profitable new-home construction industry's implosion hurting Northea bi2120838 Aug. 01--For more than a decade, Brian Wilkins earned living as a roofing subcontractor for several new home builders the Poconos

Home buyers face delay for effects of federal financial reform statute bi2120838 BLADE NEWS SERVICES WASHINGTON - The financial reform bill signed law by President Obama may look like a cornucopia of helpful changes for home buyers and loan applicants - not the least of be the creation of a Consumer Financial Protection Bureau to ride herd on the lending industry. But when the bureau begin writing rules and cracking down on problems and abuses ..

Housing appraisal bill raises questions bi2120838 How much your home, or any home, worth? An economist would say worth what somebody pay for it. The real-world answer, though, that worth what an appraiser says worth

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