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Author Archives: Brittany Dunn

Bank of America Helps 100,000 Avoid Foreclosure

In an effort to help borrowers with Countrywide subprime and option-ARM mortgages avoid foreclosure, Bank of America created its National Homeownership Retention Program (NHRP), providing mortgage relief to 100,000 eligible homeowners in just 10 months. I

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Office Vacancy Rates Mount in Phoenix

Employment losses in Phoenix are beginning to lessen, but vacancy rates in office buildings will continue to rise in 2010, according to the fourth quarter Office Research Report by Marcus & Millichap.

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Mortgage Fraud Criminal Sentenced to 57 Months in Prison

After being convicted by a jury on August 6, 2009 of two counts of mail fraud and one count of wire fraud, Godwin Asifo of Woodbridge, Virginia, was sentenced on Friday by United States District Judge Claude M. Hilton to 57 months in prison and three years of supervised release.

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