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The manager of an Allentown mortgage company who obtained fraudulent loans worth $1.5 million has pleaded guilty in federal court. Joel Tillett, 36, of Whitehall Township admitted to conspiracy and forging loan documents to ensure clients' mortgage...
Tags: Allentown, Lawyers, Mortgages, Trials, Justice System
There were 11,256 bottles of wine in the cellar of Antoine's Restaurant on the morning of Aug. 29 when Hurricane Katrina struck, some of them rare, most of them expensive and all of them ruined when the power failed, the air conditioning died and the...
Tags: Sales, Bodies of Water, Hurricanes, Rivers, Corporate Officers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...
Tags: Condos, Real Estate Buyers, Mortgages, Real Estate
St. Louis Post-DispatchBack when the Great Recession began, Cary Schneider lost a wife and a job. Because of that, he lost his house, too. He's since replaced all three. His is a tale of loss and recovery, both in love and finance. This being a personal finance column, we'...
Most experts agree that the housing market is strengthening and could be the bright spot for the U.S. economy in 2013. Signs of the housing recovery are clear: home values and inventory levels have stabilized; interest rates on mortgages remain near all-...
Real Estate MattersQ: You recently answered a question from a rental property owner about whether to refinance into a 15-year vs. a 30-year loan. I bought my house in 1976 for $70,000 with a 30-year loan where the mortgage payment was $410 per month. At some point, I...
The Wilson Daily Times, N.C.More people are buying houses, but Wilson County residents are more likely to stay in a starter home than trade up as the market continues to rebound. Sales figures show steady growth from 2012, but real estate agents say the 2008 market collapse has...
The managers of an Allentown mortgage company told employees to forge pay stubs, employment histories and other documents to secure loans for borrowers to buy real estate that in many cases they could not afford, federal authorities allege. As a result,...
Kiplinger's Money PowerBorrowing from your retirement plan to fund a down payment isn't a terrible strategy, especially if you want to lock in today's super-low mortgage rates. When you borrow from your 401(k) plan, you pay interest to yourself. The rate is typically one or two...
Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who...
After about six months of looking, Richard Mallek and his wife, Susan, are ready to close on their first home, a three-bedroom sanctuary with old Florida charm in Boynton Beach, Fla. Before the couple began their search last summer, they paged through...
KWCH 12 Eyewitness NewsSeven people in Wichita have been charged in a federal mortgage fraud case. An indictment alleged the scheme involved straw buyers and straw sellers, false loan applications and false supporting documentation submitted to lenders. Victims of the fraud...
May 14, 2013 |Story| Allentown Morning Call
May 8, 2013 |Story| Chicago Tribune
May 10, 2013 |Column| Chicago Tribune
May 12, 2013 |Story| McClatchy-Tribune
May 9, 2013 |Story| Hartford Courant
May 2, 2013 |Column| Tribune Media Services
May 8, 2013 |Story| McClatchy-Tribune
May 1, 2013 |Story| Allentown Morning Call
May 7, 2013 |Story| Tribune Media Services
May 3, 2013 |Story| Los Angeles Times
May 2, 2013 |Story| Chicago Tribune
May 2, 2013 |Story| KWCH
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