Links to news you can use!

By | November 16, 2014

Or at the very least articles you will find of interest whether in the national, financial, real estate or technology arenas!

Top News
Family accused in $20 million mortgage fraud scheme
USA Today – An extended family and several business associates were indicted on federal charges Thursday in a mortgage and…
Bank of America: we’re not easing up
REALTOR Magazine – The head of Bank of America recently said at a New York investor conference that the bank has no plans…
Personal, financial data of 70K posted online
CBS – Two debt-selling companies, trying to sell their portfolios of debt, posted personal and financial information of 70,000…

Industry News
Mortgage applications decrease slightly
MBA – Mortgage applications decreased 0.9 percent from one week earlier, according to data from the Mortgage Bankers…
Repeat foreclosure percentage increases to tie all-time high
DSNews.com – The percentage of September’s foreclosure starts that were repeat foreclosures rose by two percentage points…
Freddie Mac: 30-year mortgage rate hovers just above 4%
Los Angeles Times – Lenders were offering 30-year fixed mortgages to solid borrowers this week at an average of 4.01%…
Why more homes are being sold at foreclosure auctions
Washington Post – In October alone, nearly 60,000 of those homes were scheduled to be auctioned off by banks, up 24…
What happens when housing for the poor is remodeled as luxury studios
Washington Post – For Chicago, the debate over these buildings captures a larger tension that is simultaneously playing out…
Cleveland’s plan to destroy nearly 6,000 homes
USA Today – In and around Cleveland, nearly 6,000 foreclosed and abandoned homes are being destroyed in an effort to…

Technology News
Hacking the law: app that protect legal rights
Huffington Post – By harnessing the power of the Internet and mobile apps, those interested in promoting access to justice…
Best phones for the holiday period. Period.
CNET – There’s something for everyone in this batch of handsets, which represent the best that the smartphone industry has to…
Facebook unveils privacy settings 101
CNN Money – Facebook just created an easy-to-read guide about the information it collects about you and how you can control…

Other News
12 easy ways to save for retirement
USA Today – Saving aggressively for retirement doesn’t mean you have to live on canned beans and sawdust. It’s easy to make…

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Written by Michael Haltman, President of Hallmark Abstract Service, New York.

HAS is a provider of title insurance in New York State for residential and commercial real estate transactions of any size.

To the consumer: Remember that while your attorney will likely recommend a title insurance provider, you have the right to choose your own (click here to learn more)!

And while the title insurance premium will not vary from firm to firm, the other fees involved in your transaction most definitely will! Send us your title bill to make sure you’re not paying too much!

If you have any questions you can reach Michael by email at mhaltman@hallmarkabstractllc.com.

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