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Chief Financial Officer Sentenced in $78 Million Dream Home Mortgage Fraud Scheme - Federal Bureau of Investigation (press release)Chief Financial Officer Sentenced in $78 Million Dream Home Mortgage Fraud SchemeFederal Bureau of Investigation (press release)... mortgages on their “Dream Homes” but left them to fend for themselves. Judge Titus also entered an order requiring Nelson to pay restitution of $34340830.13. The sentence was announced by United States Attorney for the District of Maryland Rod J.Mortgage Fraud Scheme Nets 29-Month Sentence for D.C. WomanLoanSafeall 2 news articles »
Mortgage Delinquency Rate in U.S. Falls to Lowest Since 2008 - San Francisco ChronicleBloombergMortgage Delinquency Rate in U.S. Falls to Lowest Since 2008San Francisco Chronicle(Updates with housing starts in fifth paragraph, economist comment in ninth paragraph, state data in last two paragraphs.) May 16 (Bloomberg) -- The US mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an ...Mortgage delinquencies at lowest level in five yearsAGBeatMortgage Delinquencies in U.S. Fall to Lowest Since 2008BloombergDelinquencies Decline in Latest MBA Mortgage Delinquency SurveyRealEstateRama (press release)all 121 news articles »
Chief Financial Officer Sentenced in $78 Million Dream Home Mortgage Fraud Scheme - 7thSpace Interactive (press release)Bay NetChief Financial Officer Sentenced in $78 Million Dream Home Mortgage Fraud Scheme7thSpace Interactive (press release)Field Office; Maryland Attorney General Douglas F Gansler; and Inspector General Jon T Rymer of the Federal Deposit Insurance Corporation. “Mortgage fraud is every bit as corrosive to society as street crime,” stated Eric Hylton, Acting Special Agent ...Chief financial officer gets prison in $78m mortgage fraud scamWashington Examinerall 12 news articles »
Monarch Financial Holdings Declares Cash Dividend on Preferred Stock - MarketWatch (press release)Monarch Financial Holdings Declares Cash Dividend on Preferred StockMarketWatch (press release)Monarch Mortgage and our affiliated mortgage companies have over thirty offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Our subsidiaries/ divisions include Monarch Bank, OBX Bank, Monarch Mortgage (secondary mortgage ...
FHA may ease rules for mortgages on condos - Worcester TelegramFHA may ease rules for mortgages on condosWorcester TelegramWASHINGTON — Thousands of condo unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its ...
Home buying at most affordable level in decades - KSAT San AntonioHome buying at most affordable level in decadesKSAT San AntonioThe reason: Home prices nationwide are off about 36 percent from their peak. Median income has risen by about 10 percent. And mortgage rates are below 4 percent. There is one catch for home buyers, however: Mortgage availability. "Homes in this year's ...and more »
Q1 Housing Affordability Hits Record High - National Mortgage Professional MagazineQ1 Housing Affordability Hits Record HighNational Mortgage Professional MagazineAmong smaller housing markets, Cumberland, Md.-W.Va. topped the affordability chart for the first time in Q1 of 2012. There, 99 percent of homes sold during the first quarter were affordable to families earning the area's median income of $53000.and more »
Foreclosures in Illinois bogged down - Chicago TribuneForeclosures in Illinois bogged downChicago TribuneAlmost 7.5 percent of mortgage loans on one- to four-unit residential properties in Illinois were in foreclosure at the end of March, compared with a national average of 4.39 percent, according to data released Wednesday by the Mortgage Bankers ...Foreclosures: Illinois 3rd Despite National ImprovementHispanicBusiness.comall 12 news articles »
Bowie hosts free foreclosure workshop Wednesday - Gazette.Net: Maryland Community News OnlineBowie hosts free foreclosure workshop WednesdayGazette.Net: Maryland Community News Onlineby Virginia Terhune, Staff Writer Homeowners struggling with foreclosures and mortgages can learn more about possibly applying for financial relief and other assistance at a free Homeowner Relief and Foreclosure Prevention Workshop scheduled from 7 to ...
Housing Starts Probably Rebounded From a Five-Month Low - BloombergBloombergHousing Starts Probably Rebounded From a Five-Month LowBloombergEmployment gains, cheaper homes and record-low mortgage rates are combining to lift demand and encourage builders to take on projects. At the same time, distressed properties are thwarting a quicker recovery in the housing market three years after the ...and more »