mortgage

Carolyn Abney, a city of Detroit retiree, now working contractually with the city. Abney was the first to take advantage of a special deal that allows city employees to buy Land Bank auction homes at 50% off. She won an East English Village home in auction for $56,000 and only paid $28,000. (credit: Stephanie Davis/WWJ)

Duggan Announces Mortgage Program For City Workers

Detroit 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.

WWJ Newsradio 950–06/05/2015

(credit: istock)

Officials: Corrupt Oakland County Lawyer Targeted Homeowners Facing Foreclosures

Authorities say a lawyer and his business stole hundreds of thousands of dollars from more than 100 people in Michigan that were facing mortgage foreclosures.

WWJ Newsradio 950–05/26/2015

stik

Detroit’s Stik Integrates With LinkedIn To Expand Reach Of Professional Reviews

Stik, 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.

WWJ Newsradio 950–06/13/2013

Lorraine Brown (Booking Photo)

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.

WWJ Newsradio 950–05/04/2013

Photo Credit: Thinkstock.com

What To Do With Your Tax Refund

Most 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.

03/18/2013

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.

WWJ Newsradio 950–07/31/2012

Mich. Builders Rally In Support Of Home Ownership

Several 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.

WWJ Newsradio 950–07/21/2012

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.

WWJ Newsradio 950–05/12/2012

Oakland County Wins Lawsuit Against Fannie, Freddie

Oakland 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.

WWJ Newsradio 950–03/24/2012

iStockphoto

Flagstar Pays $133M To Settle Mortgage Fraud

Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices.

WWJ Newsradio 950–02/25/2012

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