February Hathaway Duke Archives

Rise in buy to let mortgages driven by consumer demand for housing - UK Loan News


UK Loan News
Rise in buy to let mortgages driven by consumer demand for housing
UK Loan News, UK - Feb 23, 2007
Recent data has indicated that there has been a massive increase in buy to let mortgages, with more and more people in the UK looking to move into rented
Tailored mortgages tipped for success Finance News Online
Lending ''still strong despite rate rise'' - buy to let mortgages Mortgages for Business
PM, Fri 23rd Feb - 52 year mortgage is a joke! Landlord Expert
all 4 news articles

Self-cert mortgages launched with rates from 5.63% - CityWire.co.uk

Self-cert mortgages launched with rates from 5.63%
CityWire.co.uk, UK - Feb 23, 2007
The Mortgage Works is launching two new self-cert products and has reduced the rates on many of its existing buy to let and self-cert mortgages.

US Housing Market Cracks Extend to Major Banks - The Market Oracle

US Housing Market Cracks Extend to Major Banks
The Market Oracle, UK - Feb 23, 2007
In a nutshell, both housing starts and permits have fallen significantly, new home construction remains at high levels, inventories persist at near record

Leader of Foreclosure Bail Out Scam Pleads Guilty

Martha Rodriguez, 35, Downey, California, pleaded guilty to one count of mail fraud and one count of money laundering in relation to the scheme that ran from May 2003 until November 2005. Rodriguez admitting her role in a $12 million real estate frau…

Second Indianapolis Man Sentenced in Promised Land Mortgage Fraud Flipping Case

John Wagner, 46, Indianapolis, Indiana, was sentenced to 37 months following his guilty pleas to conspiracy to commit mail fraud and money laundering.  From late 2000 to early 2002, Romero Brice (who was sentenced on February 20 to 87 months in …

Indiana Investor Sentenced to 24 Months in Mortgage Flipping Scheme

Frankie Lamont Howard, 38, Indianapolis, Indiana, was sentenced to 24 months imprisonment following his guilty pleas to conspiracy to commit mail fraud and money laundering.  Howard was a real estate investor operating in the Indianapolis, India…

Twin Cities Prices Slump (but only a little)

click image for big CNN.Money has put together a nice little graphic table (from which we clipped the above image) with the recently released National Association of Realtors (NAR) stats from the 4th quarter of 2006. This data confirms what has been obvious to anyone who has sold a home (or, especially, sells homes for a living) in our market: The heady days of double digit annual appreciation are behind us. To be fair, calling a 1% slide in prices a slump might be a bit of a stretch, and we’ve held up better than many markets - so for…

Brooklyn Attorneys Charged in Foreclosure Bail Out Scheme

Two attorneys who maintain law practices in downtown Brooklyn have been charged with selling the house out from under a Rosedale woman who was experiencing financial difficulties by engaging in an elaborate real estate foreclosure bail out scheme. Four…

US Housing Market Crash to result in the Second Great Depression - The Market Oracle


Atlantic Free Press
US Housing Market Crash to result in the Second Great Depression
The Market Oracle, UK - Feb 22, 2007
(New York Times) The Commerce Dept announced that the construction of new homes fell in January by a whopping 14.3%. Prices fell in half of the nation’s
The Second Great Depression Atlantic Free Press
all 3 news articles

New Hampshire Attorney Indicted for Forgery and Theft in Mortgage Case

Thomas M. Walsh, former attorney, Manchester, New Hampshire was issued four indictments. Walsh previously practiced as an attorney in Manchester, New Hampshire, but is presently suspended from the New Hampshire Bar. Two Forgery indictments charge tha…