Real Estate and Mortgage Info
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Real estate deals valued at QR314mn

July 27, 2010 by publisher · Leave a Comment 

Real estate transactions worth QR314mn were made and registered with the real estate registration department under the Ministry of Justice between July 18 and 22, according to a weekly report issued by the department yesterday.

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Real estate deals valued at QR314mn

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Mortgage-fraud crackdown nets 485 arrests

June 17, 2010 by admin · Leave a Comment 

Authorities have arrested 485 people since March in the largest nationwide mortgage-fraud crackdown of its kind, the Justice Department said Thursday. During the enforcement effort, 1,215 criminal defendants responsible for $2.3 billion in losses faced some…

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Mortgage-fraud crackdown nets 485 arrests

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Really? Hamptons real estate service probed

May 20, 2010 by publisher · Leave a Comment 

Real estate news and views from around the globe that make you go, “Really?” UNFAIR COMPETITION? The U.S. Justice Department reportedly is investigating a Hamptons real estate listing service that allegedly limits access to exclusive listings…

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Really? Hamptons real estate service probed

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Feds probe Hamptons real estate business

May 18, 2010 by admin · Leave a Comment 

The lucrative Hamptons real estate industry is being scrutinized by U.S. Justice Department antitrust investigators, according to at least two businessmen who said Tuesday they had been contacted as part of the probe.

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Feds probe Hamptons real estate business

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Feds Probe Hamptons Real Estate

May 18, 2010 by publisher · Leave a Comment 

Some Hamptons businessmen say they’ve been contacted by U.S. Justice Department investigators looking into the way the lucrative real estate business is run in the resort enclave on eastern Long Island.

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Feds Probe Hamptons Real Estate

department

A Case for Ending the Mortgage Interest Deduction

May 17, 2010 by admin · Leave a Comment 

Last week Shaun Donovan, who runs the Department of Housing and Urban Development, said that it might make sense to modify the mortgage interest tax deduction.

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A Case for Ending the Mortgage Interest Deduction

department

Gov’t mortgage plan aids 25 percent of borrowers

May 17, 2010 by admin · Leave a Comment 

The Obama administration’s main mortgage assistance plan has provided permanent relief to 25 percent of borrowers enrolled, but nearly as many have dropped out.

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Gov’t mortgage plan aids 25 percent of borrowers

department

GMAC’s mortgage arm will be tough to unload (Detroit Free Press)

March 13, 2010 by admin · Leave a Comment 

ResCap, the mortgage lending subsidiary of GMAC, “has been a millstone around the company’s neck” in the words of GMAC Chief Executive Michael Carpenter. But disposing of ResCap without crippling GMAC’s automotive lending business or adding to GMAC’s $17.2-billion debt to the U.S. Treasury Department won’t be easy.

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GMAC’s mortgage arm will be tough to unload (Detroit Free Press)

department

Will mortgage rates rise? Fed action only part of the picture (Everett Herald)

March 13, 2010 by admin · Leave a Comment 

Question: We have been hearing that mortgage rates will go up after March 31st because the Federal Reserve will stop buying mortgage bonds. Is this true? How does that work?

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Will mortgage rates rise? Fed action only part of the picture (Everett Herald)

department

More consumers pay credit card, but not mortgage (St. Louis Post-Dispatch)

March 13, 2010 by admin · Leave a Comment 

CHICAGO — U.S.

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More consumers pay credit card, but not mortgage (St. Louis Post-Dispatch)

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