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Foreclosure filed on ex-Hilton
Stripped of its ties to the Hilton chain, Downtown's biggest hotel faces a second crisis: Mortgage holder Black Rock Financial Management Inc. foreclosed on the property.
Read more...Ex-bank manager, recruiter charged in Boston loan case
A former Bank of America Corp. branch manager and a Virginia-based real estate recruiter were charged with wire fraud in federal court in an unfolding case of an alleged long-running mortgage fraud scheme that led to foreclosures and abandoned buildings in Dorchester and Roxbury, the US attorney’s office confirmed yesterday. United States - Real estate - Boston - Wire fraud - Mortgage fraud
Read more...Delinquencies and Foreclosure Starts Decrease in Latest MBA National Delinquency Survey
RISMEDIA, September 1, 2010—The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 9.85% of all loans outstanding as of the end of the second quarter of 2010, a decrease of 21 basis…
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