A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
The mortgage interest tax deduction is considered to be one of the most equitable Bush-era tax breaks since virtually all American borrowers and taxpayers can take advantage of it.
Many States such as Nevada, Arizona, and even Utah are imposing stiff fines for paying broker fees on residential hard money loans.
In today’s lending environment, a loan from your friendly banker on an investment property is nearly impossible to get. Many investors have held onto their income-producing investment properties through the meltdown in real estate.