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Seven indicted in Detroit for two seperate allegatio...
Yesterday | via Mortgage Fraud News
In the following press release Terrence Berg, United States Attorney for the Eastern District of Michigan, announced today the unsealing of felony criminal complaints in two separate mortgage fraud investigations. Comment?
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First-time homebuyer credit results mixed
Yesterday | via Flint Township/Swartz Creek Advance
Even as some residential Realtor associations are attributing good numbers in recent months to the first-time homebuyer tax credit, most are still pushing to extend its availability and increase its amount. Comment?
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Tuesday Jul 7 | via LivingstonDaily
As the stream of unemployed residents continues to pour into the Livingston County Michigan Works! offices, Director Bill Sleight said it's becoming obvious that stress levels are on the rise for both staff and clients. Comment?
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New law delays Mich. home foreclosures by 90 days
Monday Jul 6 | via WWMT-TV Kalamazoo
A new law gives Michigan homeowners facing foreclosure a 90-day window to stay in their house and potentially work out a resolution with their lender. Comment?
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Michigan revives plan to refund 20% of mortgage inte...
Monday Jul 6 | via Flint Township/Swartz Creek Advance
The revival of an old program geared toward helping first-time homebuyers or those buying in targeted communities could save new homeowners thousands of dollars. Comment?
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National Headlines
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FEMA offers free legal aid to WVa flood victims
5 min ago | via Charleston Daily Mail
The Federal Emergency Management Agency says people with legal problems related to floods that devastated parts of southern West Virginia this spring may qualify for free services. Comment?
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Hickory Chase's bankers hold out hope for revival
9 min ago | via Business First of Columbus
Foreclosure on the unfinished Hickory Chase retirement community in Hilliard has left a trail of red ink even as lenders involved in the development vow to sell the 83-acre project to another developer. Comment?
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When the Fledglings Return to the Nest
12 min ago | via New York Times
The boomerang kids, grown-ups who come home to live with their parents anyway, are having their cultural moment. Comment?
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Geithner seeks clampdown on derivatives dealers
1 hr ago | via International Business Times
U.S. Treasury Secretary Timothy Geithner on Friday proposed clamping down on dealers in freewheeling markets for derivatives, the little-understood, complex securities that helped create a crisis in U.S. and world financial markets. Comment?
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U.S. Fed lauds improved financial market conditions
4 hrs ago | via International Business Times
The U.S. Federal Reserve on Friday said that continued improvements in financial market conditions had lowered demand for many of its emergency liquidity programs. Comment?
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