0 minute readThe co-owner of a Southern California mortgage brokerage and two associates have been charged with stealing nearly $1m from more than 70 homeowners by falsely guaranteeing them attractive loan refinances. The California attorney general’s office said Wednesday that ALG Capital President Sean McConville was arrested at his home in Austin, Texas.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio