Former attorney pleads guilty in real estate fraud - 2004-01-07
A former attorney pleaded guilty to being linked to defrauding more than $1.4 million from clients in a real estate scheme in which 16 people were indicted.

Renee Snead, 35, of Macon pleaded guilty Tuesday in Bibb County Superior Court to two counts of felony theft by taking and one count of violation of the state's anti-racketeering act. Snead was one of 16 people - including a rel estate agent, a mortgage broker, a home appraiser and several buyers - indicted last year in the scheme.
Read the full story at Macon Telegraph

Developers finding patience key in rejuvenate old properties - 2004-01-07
The first residential unit in the Mill District mixed-use development was sold in December, but not before the buyer took five months trying to land a mortgage.

Local lenders were reluctant to make a loan on a property in a transitional part of Fayetteville, and they weren’t convinced about the loft’s resale value, said Stephen Luoni, director of the Community Design Center at the University of Arkansas. He was that first buyer. "
Read the full story at North West Arkansas Times