NPR.org, June 20, 2008 ยท The Justice Department appears to have officially opened the penalty phase of the mortgage debacle in this country.
On Thursday, the FBI paraded two indicted Wall Street executives before TV cameras. That same day, the bureau announced the arrests of hundreds of people who allegedly perpetrated mortgage scams nationwide.
The arrests came [...]
Posts Tagged as ‘Real Estate Agents’
June 21, 2008
FBI MORTGAGE FRAUD CRACKDOWN BRINGS IN ENTIRE MORTGAGE FOODCHAIN
June 15, 2008
Home Buyer Horror Stories From San Diego
By ZACH FOX and EDWARD SIFUENTES – Staff Writers, North County Times
VISTA —- Working as a real estate agent, insurance dealer, income tax preparer and credit repair specialist, Miguel Romero has helped Latinos buy 122 homes since 2004, becoming one of his firm’s best salesmen.
But his customers have not been so fortunate —- at least [...]
June 7, 2008
Mortgage Brokers and Real Estate Agents Leaving Industry In Record Numbers
(From San Jose Mercury News)
Jobs in the housing industry have plunged in the last few years amid sluggish home sales and crippled credit markets, leaving thousands of real estate agents and mortgage brokers struggling to make a living.
“We expect to see continued carnage in these sectors for the next couple quarters,” said economist Ryan Ratcliff [...]
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