Mortgage and Financial News From 2007-8-24 Page 12

Previous Day: 2007-08-23

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

• U.S. states take action on predatory lending

  International Herald Tribune - ... 30 states have introduced close to 100 bills intended to stem deceptive lending practices and foreclosure, some by stiffening criminal penalties for fraud. Maryland, Massachusetts, New Jersey, New York, Ohio and Pennsylvania have rolled out mortgage ...
  2007-08-23 11:44:00

• BNP Paribas to re-open suspended funds

  Marketwatch - LONDON (MarketWatch) -- French bank BNP Paribas said that it will re-open three suspended investment funds that invest in pools of mortgage debt after developing a new way to price their assets. BNP ( FR:013110 : news , chart , profile ) put a bar on ...
  2007-08-24 08:15:00

• Proving assets obtained by unlawful conduct

  Times Online - In the case of mortgage fraud, where the lender was deceived into lending money to purchase property, the relevant date was when the funds were obtained. Where property was obtained by rents from properties obtained by mortgage fraud, the relevant ...
  2007-08-21 12:55:00

• More than 38,000 lose jobs as mortgage industry regroups

  Lansing State Journal - More than 38,000 lose jobs as mortgage industry ... Everybody deserves a few chances in life, but fraud and uttering and publishing shouldn't mix with mortgages. Yes to More Regulation . . . Thu Aug 23, 2007 11:46 am The problem is, most mortgage ...
  2007-08-24 07:25:00

• Cunningham faces foreclosure of home

  Des Moines Register - Ramona Cunningham has until late September to make good on the past-due mortgage for her Madison County home or the house, which Cunningham also promised to her lawyer in an upcoming fraud trial, will be auctioned at a sheriff's sale sometime after ...
  2007-08-24 08:15:00

• One man's criminal charges can be the responsibility of many

  Times Union - If he gets real lucky and beats state charges recently filed against him related to mortgage fraud, Dare will only be in jail for the next four-plus years as part of his federal plea bargain related to really gigantic mortgage fraud. If he rolls ...
  2007-08-24 09:20:00

• Despite crisis, subprime offers roll on

  MSNBC - There's nothing necessarily wrong about lending money to people with bad credit," said David Nahmias, U.S. attorney for the northern district of Georgia , who has worked on mortgage fraud cases. "Our concern is more the independent mortgage brokers ...
  2007-08-24 07:04:00

• Two indicted in mortgage-fraud case

  Columbus Dispatch - Two Columbus-area men were indicted by a Franklin County grand jury today in connection with a mortgage-fraud case related to properties in Franklin and Ottawa counties. Larry Corna, 52, and Alan Csipke, 29, face multiple counts of theft, money ...
  2007-08-23 11:33:00

• Fraud probe nets pair (Pioneer Press)

  A federal grand jury has indicted two Minnesota women in a mortgage-fraud scheme that allegedly affected hundreds of mortgages made since 2003.
  2007-08-24 05:29:25

• Bank: Deal makes sense

  Winston-Salem Journal - Dennard said that the combined company will offer a full range of commercial real-estate financing programs, including life insurance, pension funds, commercial mortgage-backed securities and proprietary products. Collateral would bring mortgage ...
  2007-08-24 03:22:00

• Long-term care insurance a good deal for some

  Houston Chronicle - Q: I am 60 years old. My financial adviser is strongly urging me to buy long-term care insurance (before September, when Genworth is raising its rates). My mortgage is paid off (home value: $325,000). My investments and retirement portfolio stand at ...
  2007-08-23 12:53:00

• Berkshire Estimates Raised at Credit Suisse on Insurance Gains

  Bloomberg - Aug. 23 (Bloomberg) -- Billionaire investor Warren Buffett's Berkshire Hathaway Inc. had its share-price forecast and earnings estimate raised at Credit Suisse Group on higher-than-estimated profit from the investment firm's insurance business ...
  2007-08-23 06:11:00

• Bank of America shifts stance on mortgage business, but its full ...

  St. Louis Post-Dispatch - CHARLOTTE, N.C. — Earlier this year, Bank of America Corp. Chief Executive Ken Lewis was asked about the idea of buying a standalone mortgage lender. "We like the product, but we don't like the business," he said then. The feeling in Charlotte ...
  2007-08-24 08:23:00

• Minorities are often stung by credit-based insurance rates

  New York Daily News - ... Hitting the road in a rental car requires some research 'Annuity' firm in the business of misleading senior citizens Mortgage ... Credit scores are good for auto insurance companies, but problematic for African-American and Hispanic consumers. Those are ...
  2007-08-24 06:07:00

• Mortgage mess could be good for savers

  Chicago Tribune - You might think it would be just the opposite—that perhaps you should be yanking your savings out of institutions which have been struggling with mortgage-related financial problems. But provided your money is protected by Federal Deposit Insurance ...
  2007-08-24 06:50:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40