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Bill targets real estate industry and borrowersLexology (registration)Last June, reporters Charles Piller and Robert Lewis wrote this story about “hard-money” lending abuses in Nevada County. One might expect that they were writing about high interest rates and harsh loan terms. It turns out that the victims in the story ...and more » |
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Meet Washington's Bernie MadoffPatch.comHe was a real estate developer and hard money lender who made his fortune during the real estate boom in the nineties and early 2000s. And when real estate tanked in 2008, he assured his investors everything was fine – all while he was working behind ... |
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Letters: state budget, Homeowners Bill of Rights and moreU-T San DiegoKort Abrahamson, President, DRECO – Hard Money Loan, Clairemont In response to “Dispute erupts over remains at UCSD” (Local, May 14): Let me see if I read this right. Nearly 10000-year-old remains of a man and a woman found at the cliff-top University ... |
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Shawn Anthony Swor Pleads Guilty in U.S. Federal CourtMortgage DailySWOR's business consisted, largely, of making hard money loans to clients who could not get loans through conventional banking means. Hard money lenders are lending companies offering a specialized type of real-estate backed loan. Hard money lenders ...and more » |
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SBA — A viable avenue of financingKitsap Peninsula Business JournalPrimarily, these funding sources come either in the form of debt (loans) or equity (stock). Numerous financing sources exist including: relatives, friends, hard money lenders, capital finance intermediaries, angel investors, and banks.and more » |
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Feds sue Utah hedge fund ownerSalt Lake TribuneInstead of placing investors' money in safe investments as he claimed, Smart used it for personal expenses, invested in risky real estate ventures and hard money loans, and to pay "dividends" to other investors, the agency said.and more » |
December 4, 2008
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