Prisoners cashed in on homebuyer tax credit

More than 1,200 prison inmates, including 241 serving life sentences, defrauded the government of $9.1 million in tax credits reserved for first-time homebuyers, according to a Treasury Department report released Wednesday.
Treasury’s inspector general also found that thousands of people filed multiple claims or made claims outside the allotted time period. In all, more than $28 [...]

What Wall Street reform means for your mortgage

Predatory lending would likely become a thing of the past if proposed regulatory reform rules are put into practice. And that may mean that mortgages get more expensive and more difficult to get, lenders warn.
The new rules, which Congress is expected to vote on this week, require that financial institutions ensure that borrowers can afford [...]

Miami Beach Condos

If you are planning to purchase a Miami Beach condo, there are lots of factors that you need to consider before making a final decision. There are many people who consider those condo units that are well decorated and are fully furnished with furniture and fixture. Most of the buyers of Miami Beach condo are [...]