Subprime Mortgage Lenders

Raleigh HomEq office to close

A Florida firm that acquired a loan-servicing company with an office in Raleigh said Wednesday that it plans to close the facility and eliminate 242 jobs.

Four from Boca's Top Dot Mortgage heading to prison

Jason Vitulano, a former branch manager for Top Dot Mortgage in Boca Raton , has been sentenced to more than five years in prison on charges that he and others committed mail and wire fraud by submitting false mortgage applications to Washington Mutual and other lenders. Vitulano previously had plead guilty to 12 counts against him.

Where the sales are

News of a recent 27 percent drop in housing sales in July has captured headlines across the country and painted a gloomy outlook for the nation's economic recovery, but the news is not all doom and gloom for every part of the country.

Two Canadian think tanks offer radically different views on Canadian housing industry

The right-leaning C.D. Howe Institute is downplaying the possibility of a U.S.–style housing crash occurring in Canada while the left-leaning Canadian Centre for Policy Alternatives suggests that there is a housing bubble that’s ready to burst.

Home loan firm to close Raleigh office and lay off 242

A Florida company that acquired a loan serving company with an office in Raleigh plans to close the facility and eliminate 242 jobs.

Collapse of a loan powerhouse

Under Dennis Mathisen, the Marshall organization became a lending giant, selling off loans to small banks around the country. Its fall was felt far and wide.

Letters to the Editor: Sept. 2, 2010

Here are letters to the editor from recent Daily News editions.