Second Mortgage – Federal government ready to deflate any housing bubble: Flaherty – Vancouver Sun

Posted on December 22, 2009
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Federal government ready to deflate any housing bubble: Flaherty – Vancouver Sun
The federal government is ready to clamp down further on mortgage rules if the boom in the Canadian housing market turns into a bubble, says Finance Minister Jim Flaherty. In an exclusive interview With Canwest News Service and Global National
Source: www.vancouversun.com

2 New Jersey men convicted in Paterson-based mortgage fraud, property – Minneapolis Star Tribune
NEWARK, N.J. – A federal jury in New Jersey has convicted two men in a multimillion-dollar mortgage fraud and property flipping scheme involving homes in Paterson. Frederick Ugwu of Upper Saddle River and Amer Mir of Jersey City were found guilty
Source: www.startribune.com

US Mortgage Industry Grapples with New Disclosures – CNBC
The biggest changes to home loan disclosures since the 1970s are around the corner and many in the industry are warning that misunderstandings will create a logjam of confusion just as housing tries to recover. A complete overhaul of the “good faith
Source: www.cnbc.com

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