Mortgage and Financial News From 2008-5-8 Page 8
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Northern Rock investors start legal action (Interactive Investor)
Thu 08 May, 2008 14:54
2008-05-08 08:22:09 -
Advice we tuned out then but find we are using now (The Arizona Republic)
Moms have always been a source of advice. ''Don't cross your eyes or they'll stay like that.'' ''Don't play in the road.'' ''Wear clean underwear - you might get in a car accident.''
2008-05-08 08:46:31 -
Former Lexington man guilty in federal financial fraud case - Mansfield News Journal
LEXINGTON -- Andrew Pfeifer, 32, formerly of 67 First Street, Lexington, pleaded guilty Friday before U.S. District Judge James L. Graham to charges of bank fraud, wire fraud, money laundering and filing a fraudulent federal income tax return ...
2008-05-06 03:21:00 -
A registry to prevent mortgage meltdowns - Santa Rosa Press Democrat
Most of the suggestions I've seen won't fix the loopholes that allowed so many borrowers to take on mortgage loans they couldn't afford. But there is one solution that may help stem fraud in the mortgage industry, and it could reduce the number of ...
2008-05-06 05:59:00 -
Notorious Haitian Human Rights Abuser to Stand Trial for Mortgage ... - Common Dreams
NEW YORK - May 6 - Today, The Center for Constitutional Rights (CCR) and the International Support Haiti Network (ISHN) joined members of the New York City Council and representatives of Haitian human rights groups, Dwa Fanm, International Action ...
2008-05-06 12:33:00 -
Two Hillsborough men convicted of mortgage fraud - ABC Action News
TALLAHASSEE -- Two men from Hillsborough County pled guilty to mortgage fraud. David Tuggle, Jr., and Eric Steinhauser pled guilty Tuesday in Polk County and face up to five years for their role in the scheme. As part of the plea arrangement they are ...
2008-05-07 02:59:00 -
Expert Available: Prevent Buybacks, Safeguard Your Business with ... - Earthtimes
Buybacks, mortgage fraud and regulatory fines have become the thorn in the side of lenders nationwide. Knowing how to navigate the compliance landscape is more than avoiding fines. Proper use of compliance tools reduces buybacks and fraud ...
2008-05-08 05:28:00 -
Whitehall man guilty in mortgage fraud scheme - Pittsburgh Post-Gazette
A Whitehall man yesterday pleaded guilty in federal court to conspiracy for his role in a mortgage fraud scheme. Anthony S. Fields, 38, faces a prison term of up to 27 months when he is sentenced Sept. 10 by Chief U.S. District Judge Donetta W ...
2008-05-07 09:21:00 -
Red Viking Announces the Availability of Automated Misrepresentation ... - Market Wire
AGOURA HILLS, CA--(Marketwire - May 6, 2008) - Red Viking Insurance Company, a wholly owned subsidiary of Odin Holding Corp, has released the first of its kind automated mortgage misrepresentation insurance program. "For the first time, mortgage ...
2008-05-06 05:52:00 -
St. George Bank profit drops 10 percent - Forbes
Australia's fifth largest bank, St. George Bank Ltd., said Tuesday its first-half profit fell 10 percent from a year ago, and it downgraded its annual earnings guidance. Ailing share markets eroded investment earnings in the St. George's mortgage ...
2008-05-04 05:57:00 -
Foreclosure bill opens government to undue risks: FHA - Reuters
BOSTON (Reuters) - Proposed legislation to expand the Federal Housing Administration's mortgage insurance program may be too far-reaching and open the government to undue risks, Federal Housing Commissioner Brian Montgomery said on Tuesday. The U.S ...
2008-05-06 10:45:00 -
House sales hit 10-year low, insurer says - New Zealand Herald
House sales in the first quarter of 2008 are down 40.3 per cent on the same period in 2007, according to new research from PMI Mortgage Insurance. The findings show there was a 53.3 per cent fall in sales activity from the same month last year and ...
2008-05-07 09:00:00 -
What new housing report says about your region - New Zealand Herald
PMI Mortgage Insurance issued a report today on the state of the housing market. See below for what it said about your region. * Northland House price growth has slowed significantly over the last nine months, with a 1.7 per cent increase in the year ...
2008-05-07 09:50:00 -
Bush and Congress at odds - Miami Herald
President Bush and Congress are clashing over how to address the housing crisis, clouding the prospects of an election-year rescue package. Bush said Wednesday he would veto Democrats' broad housing aid plan, saying it wouldn't help struggling ...
2008-05-07 11:51:00 -
Australia's NAB launches asset-backed conduit - Reuters
(For the latest Australia and New Zealand bond news, double click on [AU/CRD] and then double click on the ID number) SYDNEY, May 8 (Reuters) - National Australia Bank (NAB.AX: Quote , Profile , Research ), Australia's largest bank by assets, said it ...
2008-05-08 01:32:00