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Major Mortgage Fraud Is AllegedBy Henri E. CauvinUpdated: Tuesday, April 28, 2009 It was a mortgage fraud and a Ponzi scheme, and it was, prosecutors say, a moneymaker.In just a couple of years, the Dream Homes Program stole at least $70 million from more than 1,000 people, many of them in Prince...

Blame it on the B-B-B-BuildersB. Turner     There are many reasons why the housing market went bust and there are many culprits. The focus of this blog is on the builders.In February 2007, a national builder sold condo-style townhomes for $469,000 in a community in Maryland. Today, the same homes...

This is not popular with real estate agents, but it is REAL nonetheless.  Here are the details:   Wall Street and its co-conspirators on Main Street had a great plan.Step 1: Ram predatory loans down the market with fraud and deceptive marketing.Step 2: Some of the loans will blow up, but in the a...

First-timers, it's time to buy Novices can dive into homeownership with help from several programs.By Amelia A. LoweReading Eagle It's a great time to be a first-time homebuyer. In addition to low interest rates and reasonably-priced homes currently on the market, that is the case thanks in large...

BofA to Boost Rates on Cards With Balancesby Jane J. KimBank's Move Follows Rivals, Affecting Millions Who Don't Pay Bill in Full Every MonthBank of America Corp. is raising interest rates on as many as four million U.S. credit-card customers who carry a balance, becoming the latest bank to crack...

Take a Risk on Selfby B. Turner How can you just leave your good government job, what are you gonna do? You made it...just sit back, chill and enjoy life. Well it's hard to just chill if you feel you have a bigger purpose in life. Also, if you have a plan and trust in God, you know he will lead t...

Check out www.mint.com.Credit cards are convenient, but if you regularly carry a balance you could end up paying more in interest than you did for the thing you bought. Credit card debt can pile up quickly. Here's how credit management from Mint can help you dig out.Get a lower interest rate.Add ...

Freddie Mac Acting CFO Found Dead in Viennaby Susan Phillips VIENNA, Va. (WUSA) -- David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, was found dead this morning. Fairfax County Police officials tell 9NEWS NOW they responded to his home around 5 a.m. after ...

7 Misconceptions About the Stimulusby Kimberly Lankford Since President Obama signed the economic-stimulus package into law February 17, I have received many questions about its provisions. And I've noticed that there are a lot of misconceptions about the plan. Here's the lowdown.   Misconception...

Congress Enacts Bigger and Better Home Buyer Tax CreditA tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have t...