Virginia Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage, Foreclosures

Local Headlines

• California falls to No. 4 in mortgage fraud

  Mar 14, 2008 | via Sacramento Business Journal 

  California ranks No. 4 among states nationwide for mortgage fraud, though that's an improvement from its No.

  Comment?

  Related Topix: Virginia, IL, Mortgage, Home

• Minnesota falls in mortgage fraud rank

  Mar 14, 2008 | via Bizjournals 

  Minneapolis / St. Paul Business Journal - by Denver Business Journal, Carissa Wyant A new study shows that Minnesota still ranks in the top 10 states nationwide for mortgage fraud, though it's fallen 5 places ...

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  Related Topix: Virginia, IL, Mortgage, Home

• Long-term muni yields on the rise

  Mar 13, 2008 | via Los Angeles Times 

  Long-term municipal bond yields are heading up again. Yields on the tax-free securities rose Thursday to their highest since March 4, as a heavy supply of new securities tested investor demand.

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  Related Topix: Financial Markets, Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage, Mortgage, Personal Finance

• Colorado improves standing for residential mortgage fraud

  Mar 13, 2008 | via Denver Business Journal 

  Colorado dropped out of the top 10 states last year for residential mortgage fraud for the first time in five years, according to a 2007 Mortgage Bankers Association report released Thursday.

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  Related Topix: Virginia, IL, Mortgage, Home

• Report: Mortgage fraud up 31% in 2007

  Mar 4, 2008 | via Inman Real Estate News 

  The number of suspicious activity reports related to mortgage fraud increased 31 percent in 2007 compared to the year before, to 46,717, with 60 percent of those incidents involving false claims on loan ...

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  Related Topix: Virginia, IL, Housing, Home, Mortgage, Mortgage, Personal Finance

Regional Headlines

• Nevada Leads Foreclosure Tally in 2Q

  12 hrs ago | via Realtor Magazine 

  One in every 171 households received a foreclosure notice during the second quarter, an increase of 121 percent compared with the same quarter in 2007, according to RealtyTrac, which monitors foreclosure ...

  Comment?

  Related Topix: Foreclosures, Illinois

• Roskam votes against blank check for Bush Administration

  15 hrs ago | via Illinoisreview 

  Roskam broke ranks with the Bush Administration yesterday on the mortgage bill, citing lack of oversight and resulting increased federal spending as his main complaints.

  Comment?

  Related Topix: Home, Mortgage, US News, Illinois, Illinois Government

• Area home sales continue to decline

  22 hrs ago | via Herald News 

  The June home sales and foreclosure numbers are out, and it's pretty much more of the same for Will, Grundy and Kendall counties.

  Comment?

  Related Topix: Housing, Foreclosures, Illinois

• House OKs rescue for homeowners, Freddie, Fannie

  Yesterday | via Weakley County Press 

  Posted Thursday, July 24, 2008 5:28 pm CDT Obama uses Berlin symbolism to rally allies As people in Berlin prepared for Sen.

  Comment?

  Related Topix: US Politics, US News, Barack Obama, Foreclosures, George Bush, Illinois, Illinois Government, Financial Services, Fannie Mae

• First Chicago Mortgage shuttered in fraud investigation

  Yesterday | via SNL Financial 

  Illinois Gov. Rod Blagojevich said July 24 that state regulators revoked the residential mortgage license of First Chicago Mortgage Co.

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  Related Topix: Illinois, Illinois Government, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

National Headlines

• U.S. Senate seen backing housing bill, Bush to sign

  11 min ago | via Reuters 

  The U.S. Senate was expected to approve a massive housing market rescue bill on Saturday and President George W. Bush was ready to sign it soon, amid questions about how much it will help.

  Comment?

  Related Topix: Housing, George Bush, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Two candidates for state Legislature have been sued for debts

  12 min ago | via Kansas.com 

  Two Wichita women running for seats in the Kansas Legislature have been sued for debts worth thousands of dollars apiece, according to Sedgwick County District Court documents.

  Comment?

  Related Topix: Sedgwick County, KS, Home, Mortgage, Mortgage, Personal Finance, US News, Wichita Metro, Wichita, KS

• Dreier, Miller back housing legislation

  13 min ago | via San Gabriel Valley Tribune 

  Editor's note: It's Politics reports Saturdays on the ins and outs of San Gabriel Valley-area politics and city government.

  Comment?

  Related Topix: Housing, Diamond Bar, CA, San Gabriel, CA, US Politics, US News, David Dreier, Republican, US House of Representatives, Gary Miller, Foreclosures

• Banks rally as CEOs hold off on issuing shares

  13 min ago | via Myrtle Beach Online 

  With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally.

  Comment?

  Related Topix: Banking, Financial Services, Citigroup, Home, Mortgage, Mortgage, Personal Finance, Wachovia Corporation, Merrill Lynch and Co, Investment Services

• Senate close to passing housing aid

  14 min ago | via The Boston Globe 

  Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.

  Comment?

  Related Topix: George Bush, Home, Mortgage, Mortgage, Personal Finance, US Politics, US News, 2008 Presidential Election, Foreclosures