Douglas Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage, Foreclosures

Local Headlines

• New Mortgage Regs Tighten Bank Belts

  Sunday Jul 6 | via Http 

  As the pool of homes for sale deepens, the pool of qualified buyers dries up and local bankers say strict new underwriting guidelines from private mortgage insurance companies have exacerbated the situation.

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  Related Topix: Worcester County, MA, Home Listing, Home, Housing, Mortgage, Mortgage, Personal Finance

• Five indicted for mortgage fraud

  Saturday Jun 28 | via Telegram & Gazette 

  Two bank employees, one in Worcester, a mortgage broker, an assistant to the broker and a second Worcester man have been indicted on a total of 106 criminal counts following a lengthy state investigation into ...

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  Related Topix: Foreclosures, Boston Metro, Home, Mortgage

• Five people indicted in mortgage fraud scheme

  Friday Jun 27 | via Telegram & Gazette 

  WORCESTER, Mass.- Five people have been indicted for allegedly falsifying bank documents to obtain fraudulent mortgage loans.

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  Related Topix: Worcester, MA Metro, Home, Mortgage, Mortgage, Personal Finance

• Five indicted in massive mortage fraud scheme

  Friday Jun 27 | via Telegram & Gazette 

  Two bank employees, a mortgage broker, an assistant to the broker, and a Worcester man have been indicted on a total of 106 criminal counts following a lengthy state investigation into what prosecutors allege ...

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  Related Topix: Boston Metro, Home, Mortgage, Mortgage, Personal Finance

• AG Coakley indicts five, including bankers, in alleged mortgage scam

  Jun 23, 2008 | via Boston Business Journal 

  Attorney General Martha Coakley said Friday that her office had indicted several bankers and others, a total of five people, in connection with an alleged mortgage scam.

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  Related Topix: Worcester County, MA, Mortgage, Personal Finance, Home, Mortgage

Regional Headlines

• U.S. foreclosures surge in June

  Yesterday | via Providence Business News 

  The number of foreclosure actions reported statewide increased last month in Rhode Island but fell slightly in Massachusetts compared with May, as the situation nationwide worsened sharply.

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  Related Topix: Massachusetts, Foreclosures

• Mass. woman kills self before home foreclosure: police

  Wednesday | via Slam Sports 

  A 53-year-old wife and mother fatally shot herself shortly after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead.

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  Related Topix: Foreclosures, Personal Finance, Mortgage, Winter Sports, Curling

• Pond View auction postponed

  Tuesday Jul 22 | via GloucesterTimes.com, Gloucester, MA 

  A foreclosure auction of the last, unbuilt piece of Pond View Village - aimed at giving the chief lender a saleable title free of more than $1.5 million owed to contractors for the state and defaulting ...

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  Related Topix: Foreclosures, Massachusetts

• Foreclosures continue to climb in Massachusetts

  Monday Jul 21 | via Boston Business Journal 

  New Massachusetts residential foreclosures reached a temporary lull in June because of new regulations forcing a 90-day waiting period.

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  Related Topix: Massachusetts, Foreclosures

• Mass. foreclosures in holding pattern

  Monday Jul 21 | via The Boston Globe 

  Massachusetts foreclosure filings dropped 85 percent in June from a year ago, largely because of a recent change in foreclosure regulations, said ForeclosuresMass.com, a Framingham-based provider of ...

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Massachusetts, Massachusetts Government, Foreclosures

National Headlines

• Housing rescue bill heads to Bush for signature

  5 min ago | via Abc11tv.com 

  Congress passed a housing rescue bill Saturday aimed at sparing 400,000 struggling homeowners from foreclosure.

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  Related Topix: Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance

• Senate Overwhelmingly Passes Housing Bill

  6 min ago | via WRC Washington DC Channel 4 

  Congress has passed a housing rescue bill aimed at sparing 400,000 struggling homeowners from foreclosure.

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  Related Topix: Foreclosures, George Bush, US Politics, US News, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance

• U.S. Congress approves massive housing bill

  6 min ago | via The Globe and Mail 

  The bill was approved by the Senate in a 72-13 vote. It was passed by the House of Representatives on Wednesday.

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  Related Topix: Housing, George Bush, Financial Services, Fannie Mae, US News, US Politics, Home, Mortgage

• U.S. Congress approves housing bill

  8 min ago | via International Herald Tribune 

  WASHINGTON : The U.S. Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae and Freddie Mac , creating a new regulator for the mortgage titans and ...

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  Related Topix: Housing, George Bush, Financial Services, Fannie Mae, US News, US Politics, Foreclosures

• Obama defends tour, says McCain shifting on war

  8 min ago | via KansasCity.com 

  Democratic presidential contender Barack Obama brushed aside Republican criticism of his overseas trip on Saturday and stood outside the famed 10 Downing Street to say that both President Bush and Sen.

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  Related Topix: US Politics, US News, Barack Obama, George Bush, Foreclosures, Barack Obama, US Senate, Democrat, John McCain