Former Conway manufactured home dealer Glenn Vaught and his mortgage broker accomplice, Michael Fortenberry, will spend the next three years in federal prison for their roles in a fraud scheme that cost two banks more than $1.5 million and left prospective buyers with six-figure loans on homes that didn?t exist.
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Former Conway home seller, mortgage broker sentenced in real estate fraud case
Posted by mortgage 20 days ago (Editorial)
Jeff Schlott Joins Residential Home Funding Corp., Brings Schlott Family Real Estate History
Posted by mortgage 23 days ago (Editorial)
Residential Home Funding Corp.announced today that Jeff Schlott, son of Dick Schlott one time owner of over 150 Schlott real estate offices managing more than 5000 agents throughout New Jersey, has joined the mortgage lender as a new branch manager. Mr. Schlott will operate an RHF branch office in Mendham, Morris County, New Jersey.(PRWEB) April 30, 2012 Residential Home Funding Corp. ...
AIG Returns To U.S. Real Estate Investment
Posted by mortgage 40 days ago (Editorial)
American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.
Real Estate Investment Trusts in the US Industry Market Research Report Now Available from IBISWorld
Posted by mortgage 49 days ago (Editorial)
Real estate investment trusts (REITs) provide an opportunity for individual investors to own real estate that otherwise would be too expensive. As a result, the demand for and growth of the industry is often associated with the general health of the real estate sector. The industry has benefited from the real estate bubble that developed prior to the subprime mortgage crisis, and revenue has ...
Does Real Estate Still Mean Big Tax Breaks?
Posted by mortgage 58 days ago (Editorial)
SANTA ANA, CA-- - With reduced home prices and interest rates near historic lows, affordability levels in early 2012 reached their highest point in 42 years according to the National Association of Realtors.Not ...
The Real Consequences of the Student Debt Crisis
Posted by mortgage 71 days ago (Editorial)
Americans, young and old, are buckling under the weight of their student debt. It's a threat to the middle class, and a symptom of a malfunctioning education system.
Local Real Estate Agent Charged With Mortgage Fraud
Posted by mortgage 90 days ago (Editorial)
Nearly all of his loans he made through a sub-prime mortgage lender went into foreclosure or defaulted.
What to Do To Find the Right Florida Commercial Real Estate Property
Posted by mortgage 113 days ago (Editorial)
Investing in Florida commercial real estate can be a little bit tricky. It does not only face a lot of competition and property options, finding the right mortgage lender in the state can be quite difficult too.
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