Tiger gets $54M mortgage on Fla. estate – Chicago Sun-Times

Tiger Woods has … payments to an entity called JRD Florida Ventures LLC. It’s a Virginia company whose registered agent is an attorney with the firm that represented Woods’ ex-wife, Elin Nordegren, in their divorce.
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More Mortgage Stuff:

Tiger Woods takes out $54.5 million mortgage – Richmond Times-Dispatch
Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments to an entity called JRD Florida Ventures LLC. Go to Source…

Woods takes out $54M mortgage – CharlotteObserver.com
Tiger Woods has taken out a $54.5million mortgage on his Florida waterfront estate. Mortgage documents filed last month in Martin County show Woods will make payments … Elin Nordegren, in their divorce. Go to Source…

Man gets 20 years and must pay $56M for mortgage fraud – Chicago Tribune
A Country Club Hills man was sentenced today to 20 years in federal prison and was ordered to pay more than $56 million today in a mortgage fraud scheme in what is being called among the largest federal prosecutions in Chicago, officials said. Bobbie L … Go to Source…

Arizona gets $1.7m of fed’s mortgage fraud money – Housing Wire
Arizona Attorney General Eric Holder announced Thursday in downtown Phoenix that the state will receive $1.7m this spring to combat mortgage fraud – a prolific problem during the real estate boom that grew following the crash and ensuing recession … Go to Source…

Mortgage rates slip; 5% for 30-year fixed – Chicago Sun-Times
Fixed mortgage rates inched down this week, following a dip in Treasury yields. The average rate on a 30-year fixed mortgage slipped to 5 percent from 5.05 percent last week, Freddie Mac said Thursday. It hit a 40-year low of 4.17 percent in November. The … Go to Source…

Mortgage rates  stay near 4 percent – Chicago Sun-Times
WASHINGTON — The average rate on the 30-year fixed mortgage hovered above its record low for a fifth straight week. Despite the great opportunity, few have the means or stomach to buy or refinance in the depressed housing market. Freddie Mac … Go to Source…

Top Justice officials linked to mortgage banks – msnbc.com
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged … Go to Source…

FDIC sells mortgages from failed banks – Chicago Sun-Times
The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over. The FDIC said … Go to Source…

Mortgage documentation problems push foreclosures down – Chicago Sun-Times
The number of homes hit with foreclosure filings in the Chicago metropolitan area fell 12.9 percent in April from March and dropped 46.2 percent from April 2010 due to lingering delays from foreclosure documentation problems, a RealtyTrac report released … Go to Source…

Mortgage rate falls to record 3.87 percent – Chicago Sun-Times
The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac said … Go to Source…

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