FHA Loan Limits to Drop

Buyers of new residential homes may want to race to complete deals as FHA loan limits are set to drop around the nation. According to an analysis by the FHA, loan limits on government-insured mortgages are likely to decline in 669 of the 3,334 counties or county equivalents when the ceilings revert back to the [...]

Home Prices Drop More Than 4 Percent in First Q

Data released Tuesday by Standard & Poor’s and Case-Shiller found home prices continuing to fall in 2011 after already dropping at the end of last year. In the last quarter of 2010, home prices fell by 3.6 percent. Home prices were down 5.1 percent in all of 2010.

Segregation Remains Strong In Obama’s Post-Racial America

The recent report that America’s most segregated cities are just as — if not more — segregated than they were a couple of decades ago is hardly a revelation. The report focused on the top 10 most segregated cities. But this could easily be expanded to find vast and unbroken pockets of racial segregation. In [...]

Title Company Stole Over $500,000 From Home Refinancers

Two owners of a Wheaton title company stole more than $500,000 from their customers — including a disabled Vietnam War veteran — and then used the money to pay credit card bills, buy appliances and cover business expenses. Meanwhile, the customers they fleeced in the home refinancing scheme often were left struggling with two mortgages, [...]

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