Karmanos Gets Into Mortgage-Lending Business With StartupKarmanos says that he has large ambitions for the mortgage enterprise he's backing.
Mayor Duggan To Announce Detroit Home Mortgage ProgramThe program would allow qualified buyers to receive separate mortgages to purchase and do repairs on homes in Detroit.
Duggan Announces Mortgage Program For City WorkersDetroit mayor Mike Duggan said Friday that the Flagstar Bank mortgage program will offer city workers loans of up to 300 percent of the home's value to help fund renovations.
Officials: Corrupt Oakland County Lawyer Targeted Homeowners Facing ForeclosuresAuthorities say a lawyer and his business stole hundreds of thousands of dollars from more than 100 people in Michigan that were facing mortgage foreclosures.
Detroit's Stik Integrates With LinkedIn To Expand Reach Of Professional ReviewsStik, a reviews website for local professionals, said Thursday it had integrated with LinkedIn via its API, bringing together trusted, word of mouth referrals and the world’s largest online professional network.
Mortgage Processor Gets Up To 20 Years In Robo-Signing Scheme The former president of a mortgage document processing company has been sentenced to up to 20 years in prison on a racketeering charge in a Michigan case.
What To Do With Your Tax RefundMost tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Oakland County Holds Foreclosure Prevention Forum Oakland County is hosting a free mortgage foreclosure event for its residents on Tuesday from 10 a.m. until 7 p.m. in Auburn Hills.
Mich. Builders Rally In Support Of Home OwnershipSeveral home builder groups have planned rallies protesting proposed federal tax, legislative and regulatory policies they claim will make it even harder for people to buy homes.
U-M: Many Families Are Underwater With Debts According to a new University of Michigan report, about one out of every five U.S. households owe more on credit cards, medical bills, student loans and other noncollateralized debts than they have in savings and other liquid assets.
Oakland County Wins Lawsuit Against Fannie, FreddieOakland County could gain millions of dollars now that a federal judge has ruled that Fannie Mae and Freddie Mac withheld real estate transfer taxes on foreclosures.
Flagstar Pays $133M To Settle Mortgage FraudFlagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices.