'It's a matter of pure greed': Kenneth Fowler sentenced three years in prison for mortgage fraud

'It's a matter of pure greed': Kenneth Fowler sentenced three years in prison for mortgage fraud

Kenneth Charles Fowler has pleaded guilty to one count each of fraud in relation to the sale of securities of TIE Mortgage. Postmedia Archives.
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Two former Home Capital brokers penalized by Ontario regulator

A regulator says it disciplined two mortgage brokers who funneled business to Home Capital Group Inc., marking the first disclosure of action taken
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Need extra cash? A second-charge mortgage may suit

The number of people taking out a second mortgage on their home to get some extra cash has jumped to the highest level since 2008. New data
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First time buyers make up more of the mortgage market for fourth month in a row

Small deposit buyers continued to increase their share of the UK mortgage market in April 2017, the fourth month in a row they have done so, new
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Three things to know about Airdrie's real estate market

However, through the new home market, numbers were up. Last month, there were 48 completed but unabsorbed single-family homes in Airdrie, says
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Kenneth Fowler sentenced to 3 years for $12.5M mortgage scheme

The TIE Mortgage owner pleaded guilty to three charges earlier this year that stem from … Ken Fowler, accused in $27M mortgage fraud, out on bail.
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Mortgage Rates Coast Into Extended Weekend

Mortgage rates didn't move much today. Lenders that made detectable adjustments generally did so in a moderately positive direction. While this isn't
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Sacramento's hot real estate market gains attention

Sacramento is California's new real-estate hot spot, according to a news report Friday. The Wall Street Journal cited several examples of the city's
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Calgary man sentenced to three years in prison for $27M mortgage fraud

Calgary man sentenced to three years in prison for $27M mortgage fraud … of The Investment Exchange Mortgage Corporation (TIE Mortgage).
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Ally Financial (ALLY) Receiving Favorable News Coverage, Analysis Finds

Media headlines about Ally Financial (NYSE:ALLY) have trended positive this week … Ally Financial has a 1-year low of $14.84 and a 1-year high of $23.62. … Finance operations, Insurance operations, Mortgage Finance operations,
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As housing prices surge in Boynton, income levels lag way behind

A 'For Sale' sign sits in front of a new home in Miami. The housing market sent mixed messages in Palm Beach County in September, with price
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No Place to Call Home: Explaining why middle-income housing development is rare in Ithaca

ITHACA, N.Y. — To focus on the middle-income segment of the housing market, many developers say, is a high-risk, low-reward effort, with few
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Tough choice: Pay mortgage faster or invest?

With mortgage rates at historically low levels, some homeowners might be inclined to put money into investments rather than pay down their mortgage
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Reverse mortgages: A personal look

I have long been a fan of reverse mortgages — if they are done in the right circumstances and for the right reasons. Regular readers of this column
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Freddie Mac prices $460M structured pass-through certificates | SNL

Friday, May 26, 2017 12:39 PM ET Freddie Mac prices $460M structured pass-through certificates. By Matthew Rybaltowski. The offering of K-L01
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As summer heats up, so does Omaha area housing market

In Omaha, two things are definitely hot right now – the weather and the area housing market. With schools getting out, this is the time of year that
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Why Zoe's Kitchen, Beazer Homes, and BioCryst Pharmaceuticals Slumped Today

Yet despite relatively solid optimism about the market's prospects overall, some stocks lost ground. Zoe's Kitchen (NYSE: ZOES), Beazer Homes
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Tampa Bay area realtors fed up with inaccurate home prices on Zillow

In this Thursday, Dec. 3, 2015, photo, a home under construction and for sale is shown in Roswell, Ga. U.S. homebuilders are feeling slightly less
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The 3 Best Real Estate Stocks to Buy in 2017

Want to invest in real estate but hate the hassle of being a landlord? You've come to the right place. I love the idea of investing in real estate as an
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Fitch Affirms Danske Bank AS Mortgage Cover Pool C Covered Bonds at 'AAA'

TAORMINA, Italy Leaders from the world's major industrialized nations began talks on Friday at a G7 summit in Sicily which is expected to expose
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