Relocating to a Southern state won’t make you a true Southerner - but between the job prospects, the warm weather, and the sweet housing deals, it might just make you a happier person.
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A federal grand jury has indicted a mortgage broker on wire fraud charges in connection with home loan applications he filed on behalf of a father and son for their purchases of 55 homes.
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The Federal Reserve will consider whether new regulations could curtail mortgage lender practices that have contributed to a rise in home loan delinquencies, Fed Chairman Ben Bernanke Friday.
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Tapping cash from your residence can go beyond the standard home equity loan and line of credit. Consider these ways to accomplish the goal:
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The Genesis Group research firm of Englewood has issued its “report card” for the Denver housing market in the first quarter - giving its lowest marks to foreclosures, the new-home market and permit activity.
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The California Department of Real Estate is trying to bar a local mortgage broker from the industry, accusing him and his company of arranging inflated appraisals in order to pocket huge commissions.
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Average mortgage interest rates on 30-year home loans rose in the latest week to their highest since late October 2006, according to the weekly market survey from Freddie Mac.
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Potential buyers, here’s a question to contemplate: Is my mortgage broker really working for me?
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The beleaguered housing industry is sending mixed signals, with sales of new sales surging in April by the biggest amount in 14 years, while home prices endured a record plunge.
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Stated income loans cannot be trusted.
So is the conclusion of Comptroller of the Currency John Dugan, who says use of unverified income data in making home mortgage loans to borrowers with poor credit histories should be the exception rather than the rule.
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