Job gains feed the housing recovery The growth picture was brightened by other data on Thursday showing pending sales of previously owned homes jumped to a 1-1/2 year high in November, adding to signs of a tentative recovery in the.

Would you pick up the bill for someone who didn't pay?  · Samuel Foster II, a former University of South Carolina trustee from York County, will serve no federal prison time for bank fraud after he was sentenced to two years of supervised release and.

SACRAMENTO, Calif. – Jeremy Michael "Mike" Head, 34, of Huntington Beach, was sentenced today to 10 years in prison for a nationwide foreclosure rescue scam, United States Attorney Benjamin Wagner announced. A federal jury found him guilty in May 2013, after a nearly four-week trial before United States District Judge Kimberly J. Mueller.

Man sentenced to jail in foreclosure fraud case A Canyon Lake man has been sentenced to jail for his part in a fraudulent real estate foreclosure rescue business. check out this story on vcstar.

Former East Texan Sentenced to 11 Years For Scam November 4, 2003 at 10:24 PM CST – Updated June 24 at 6:45 PM A former gladewater man allegedly scammed them out of $10 million. 43 year old Roy Lynn Brown was sentenced to 11 years in jail Monday in a Dallas federal courtroom.

Obama Scorecard: Housing market continues to improve, but risks linger The latest data from the Obama Administration’s June Housing Scorecard reveals a strengthening housing market.Yet, administration officials remain cautious, saying the recovery varies by region and.

A foreclosure scam that lasted for 15 years ended with the sentencing of 48-year-old Glen Alan Ward of Los Angeles on Tuesday. Ward, who was a federal fugitive for 12 years, ended up receiving an 11-year sentence after pleading guilty to three separate charges.

$1 billion in MSRs just became available An offering of mortgage-servicing rights on over $1 billion in agency loans that has just become available has a heavy concentration of loans in the Golden State. MSRs are being offered on 5,671 single-family loans that had an aggregate unpaid principal balance of $1.268 billion as of April 30.

A former Senior Vice President and loan officer at Pierce Commercial Bank was sentenced today in U.S. District Court in Tacoma to 10 years in prison and five years of supervised release for a mortgage fraud scheme that resulted in the collapse of the bank, announced U.S. Attorney Jenny A. Durkan.

Congressional leaders reach a debt deal to avoid painful sequestration cuts Congressional leaders reach a debt deal to avoid painful. – Congressional leaders reach a debt deal to avoid painful sequestration cuts. According to Time, the agreement sets spending levels for two years and removes scheduled automatic cuts in an attempt to avert another government shutdown. "The deal does little to resolve the much larger partisan divides on government spending, but if enacted,Bank of America down in mid-day trading MBA: Refinance once again drives mortgage applications mortgage rates haven’t been this high since 2013 – [Shopping around for a mortgage can save you thousands of dollars] After plateauing the past couple months, mortgage rates are once again. MBA president David H. Stevens said. “In contrast,TARP was no win for the taxpayers The Taxes on Lottery Winnings Not Many of Us are Aware Of The taxation on lottery winnings can be as high as 45% to 50% in US. This includes the Federal tax, tax levied by the states, and in some cases, taxes levied by the cities.

A former Southern California man, described as the ringleader of one of the largest foreclosure rescue scams in the nation, was sentenced Wednesday in federal court in Sacramento to 35 years in.

Nevada Man Sentenced for Role in Foreclosure Rescue Scam. Defendant Doninador Palalay (a.k.a. Dominador Palalay), has been sentenced in a foreclosure rescue scam case. On Sept. 9, 2010, Palalay pled guilty to one count of Theft-Obtaining Money in excess of $2,500 by Material Misrepresentation, a category B Felony,

EVANSVILLE, IN (WFIE) – An Owensboro elementary school and a church preschool were put on a temporary lockdown on Thursday while authorities arrested several people in a.