Mercer Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

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

Local Headlines

• Foreclosure Rage Equals Jail Time for Mortgage Broker

  Friday Jun 27 | via Housing Wire 

  A former Mercer County, Penn.-based mortgage broker, 40-year old Scott McCuskey, decided to gut his $1.2 million property right before the Sheriff's foreclosure sale on the courthouse steps - unfortunately, not ...

  Comment?

  Related Topix: Mercer County, PA, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

• Man gets jail for stripping home before sale

  Wednesday Jun 25 | via MergeDigital 

  A former Mercer County mortgage broker who gutted his $1.2 million home before a sheriff's sale has been sentenced to three to 15 months in jail and must pay more than $174,000 to an insurance company. 33 comments

  Related Topix: Mercer County, PA, Mortgage, Personal Finance, Home, Mortgage, Sharpsville, PA

• Mortgage Broker Sentenced For Gutting Home

  Jun 25, 2008 | via WPXI 

  A former Mercer County mortgage broker will go to jail for gutting his home before a sheriff's sale. 2 comments

  Related Topix: Mercer County, PA, Home, Mortgage, Mortgage, Personal Finance, Sharpsville, PA

• W.Pa. man gets jail for stripping home before sale

  Jun 25, 2008 | via Indiana Gazette Online 

  The six-day forecast ... weekly poll Do you believe Pennsylvania's motorcycle-helmet law should be restored and that helmets again should be mandatory? Yes.

  Comment?

  Related Topix: Motorcycles, Mercer County, PA, Sharpsville, PA, Mercer, PA, Home, Mortgage

• At a snail's pace

  Mar 16, 2008 | via The Tribune-Democrat 

  A licensing agreement with public television stations has heightened the Vocal Group Hall of Fame's visibility nationally.

  Comment?

  Related Topix: Home, Mortgage, Mercer County, PA, Hermitage, PA

Regional Headlines

• Senators find Pittsburgh casino is in dire shape

  19 hrs ago | via Luminary 

  State senators asking questions Thursday about the rescue of a financially troubled Pittsburgh casino project by other investors found the situation more complicated and dire than they originally thought.

  Comment?

  Related Topix: Pennsylvania, Mortgage, Home

• Regional economy shows improvement

  Wednesday | via Pittsburgh Post-Gazette 

  Despite weaknesses in parts of the housing and retail sectors, the economy in the Federal Reserve's Fourth District, which includes Western Pennsylvania, Ohio and parts of Kentucky and West Virginia, improved ...

  Comment?

  Related Topix: Pennsylvania, Mortgage, Home

• Economic Watchdog, July 21

  Monday Jul 21 | via Optionetics 

  The economy might take a backseat to earnings news this week, but there still are several reports that could impact trading.

  Comment?

  Related Topix: Home, Mortgage, Pennsylvania, Financial Markets, Home Selling, Housing

• Dundee Homeowners Choose To Auction House

  Sunday Jul 20 | via KETV 

  Some Omaha homeowners are waiting months to sell their homes, but a family in Dundee intends to sell their in an instant.

  Comment?

  Related Topix: Real Estate, Pennsylvania, Home Listing, Home

• State Capitol Roundup for July 18

  Friday Jul 18 | via Tony Phyrillas 

  I thought the Legislature was on its 2-month summer vacation, but it appears some lawmakers are still in Harrisburg.

  Comment?

  Related Topix: Pennsylvania, Pennsylvania Government, Home, Mortgage

National Headlines

• Housing rescue bill heads to Bush for signature

  3 min ago | via Morris Daily Herald 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

  Comment?

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

• Bill heads to Bush for signature

  3 min ago | via WWLP 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

  Comment?

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

• Federal Regulators Close Two More Banks

  3 min ago | via X101.5 

  Federal regulators have closed two banks in the West, saying they were undercapitalized due to the poor performance of home mortgage loans.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Reno Metro, Reno, NV

• U.S. Congress approves massive housing bill

  4 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.

  Comment?

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

• Provisions of housing-mortgage relief bill

  4 min ago | via Buffalo News 

  The housing bill that Congress passed Saturday and sent to President Bush would: -Give the Federal Housing Administration $300 billion in new lending authority and relax standards to provide affordable, ...

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