May 17, 2024
Mortgage

DOJ charges one of America’s top LOs in alleged mortgage fraud scheme

Two former New Jersey-based mortgage loan originators have been charged with conspiracy to commit bank fraud by the U.S. Attorney’s Office, District of New Jersey according to an announcement by the U.S. Department of Justice (DOJ) and U.S. Attorney Philip Sellinger. Christopher Gallo has been recognized as a top-producing loan originator, at one point being

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Property

More bad news on property taxes, and it isn’t the last — Mark Glennon

Illinois’ 2023 effective property tax rate – taxes paid as a share of median home value – is 1.88%, highest in the nation and up from 1.78% the prior year. Vertigo3d/Getty Images Mark Glennon Syndicated If only somebody had good news about property taxes, which have long been a hot button issue in Illinois. But

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Funds

Some South Jersey school districts raise alarm over funding cuts – NBC10 Philadelphia

Some big South Jersey school districts say they are facing a budget crisis after learning that their state aid might be cut, and in some cases, by millions of dollars. Cherry Hill, Lenape and Haddon Township are among some of the school districts now searching for answers, and in some cases millions of dollars, to

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