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The Investcorp Real Estate Credit Fund (IRECF) has sold a $100 million first mortgage loan backed by…

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webmaster@technorati.com wrote an interesting post today on
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Investcorp Real Estate, the U.S.-based real estate arm of alternative investment manager Investcorp, today announced that the Investcorp Real Estate Credit Fund has sold a $100 million first mortgage loan backed by the building that has been the longstanding Washington, D.C. headquarters of the U.S.

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Random Feed wrote an interesting post today on
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Out here in California, some in the business have been following the case of 28-yr old Garret Gililland III. Originally from the Sacramento area, he was just captured in Spain and brought back to California to face charges of a $100 million mortgage fraud ring. In yet another example of what seems to make the headlines for mortgage brokers, Gililland fled in June 2008 with at least $250,000 in cash. (And let me tell you, getting that much cash from conventional sources is not easy.) H

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Random Feed wrote an interesting post today on
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Author : David Farrell First-time homebuyers often have a difficult time entering into the housing market It can be challenging to get into a financial position that allows for a large enough cash deposit and subsequent cash flow to finance an entire property on one’s own This is where a shared ownership mortgage comes into play With a shared ownership mortgage, the homebuyer doesn’t automatically have to come up with the full purchase price of the property Instead, he can share the cost wi

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Random Feed wrote an interesting post today on
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Authorities said Tuesday that they arrested 24 people in connection with a wide-ranging real estate fraud that involved 220 properties across San Diego County and loans totaling more than $100 million.

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