Mortgage and Financial News From 2008-5-30 Page 11
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Five indicted in Hawaii mortgage scam - Honolulu Advertiser
Five people have been indicted on federal charges in a scheme in which they allegedly profited from home mortgage loans that were obtained by falsifying applications, court documents show. An indictment handed down May 15 and unsealed the next day ...
2008-05-30 03:50:00 -
Five indicted in Hawaii mortgage scam - Honolulu Advertiser
Five people have been indicted on federal charges in a scheme in which they allegedly profited from home mortgage loans that were obtained by falsifying applications, court documents show. An indictment handed down May 15 and unsealed the next day ...
2008-05-30 03:50:00 -
Banks Crowd Out Individual Home Sellers - CNBC
In some areas of California, so many foreclosed homes are available to buy on the cheap that real estate agents are discouraging prospective sellers from even putting their houses on the market. Perhaps the most extreme example of this is Stockton ...
2008-05-30 03:57:00 -
Defendants admit loan-scheme role - Miami Herald
The lead defendants in a major mortgage fraud investigation admitted Wednesday they participated in a scheme that resulted in the funding of more than $15 million in home loans. The scheme involved the use of straw buyers and fraudulent loan ...
2008-05-30 03:50:00 -
Money and Monetary Policy - Chicago Tribune
For Orange County Mayor Rich Crotty, it's all about the three E's: the economy, the environment and ethics. According to a draft copy of his annual "State of the County" speech to be delivered today, Crotty is expected to tout his efforts in those ...
2008-05-30 02:31:00 -
Property advice: Q and A - Daily Telegraph
Q We have recently moved to south London from Scotland and my girlfriend is suspicious about our tap water, saying it tastes odd and she isn't sure it's safe. It is costing a fortune in bottled water, so how can I convince her it is OK? A Thames ...
2008-05-29 10:25:00 -
Northern Rock to boost debt staff as arrears rise - Guardian Unlimited
LONDON, May 30 (Reuters) - British lender Northern Rock plans to more than double its debt management staff in the coming year in the face of rising arrears and a deteriorating macroeconomic environment, a source close to the situation said. Northern ...
2008-05-30 02:03:00 -
Groups Organize Fair to Help Homeowners Stuck in Mortgage Crisis - KSDK
Counselors will be at the fair and will be able to give advice and information about refinancing and dealing with adjustable rate mortgages. The groups estimate 5,000 homeowners in St.
2008-05-29 02:07:00 -
Proposal requires lenders to disclose credit risk issues - St. Petersburg Times
Story Tools WASHINGTON — When you're quoted a higher interest rate than you deserve because of erroneous information in your credit file, wouldn't you like someone to flag it for you? That's an especially pertinent question in today's mortgage ...
2008-05-30 01:27:00 -
House prices: What now for buyers and sellers? - Guardian Unlimited
If we didn't already know it, today's Nationwide house price figures have revealed a market in decline - one that is falling faster than the property bust of the early 1990s . So where are they heading and what should people who want to move do about ...
2008-05-29 02:33:00 -
Santander's Abbey to increase investments in mortgage ops as rivals ... - Forbes
MADRID (Thomson Financial) - Santander SA's UK mortgage lender Abbey plans to increase its offensive in the mortgage business in the country, to take advantage of the difficult situation facing many of its rivals, Abbey CEO Antonio Horta Osorio said ...
2008-05-30 01:41:00 -
Million pound mortgages disappear - MyFinances.co.uk
Securing a mortgage is becoming nigh on impossible as the credit crunch hits higher end property market. While acknowledging a number of lenders currently offer loans of up to £1 million, the wealth management firm HFM Columbus argues going even one ...
2008-05-30 01:06:00 -
Debt Advisers Caution Homeowners After CML Forecast - PR.com
Commenting on the latest forecast from the Council of Mortgage Lenders, debt consolidation experts debtadvisersdirect.co.uk warn homeowners and would-be homeowners to prepare for tough times ahead – and if necessary seek debt advice. Salford ...
2008-05-29 11:54:00 -
Dollar Heads for Monthly Gain Against Euro, Yen on Rate Outlook - Bloomberg
May 30 (Bloomberg) -- The dollar rose to a two-week high against the euro and headed for a second monthly advance as rising stocks and declining crude oil stoked optimism the U.S. economy will avoid a recession. The euro fell after retail sales in ...
2008-05-30 02:46:00 -
Rate hike unlikely next week - News.com.au
The RBA meets next Tuesday to decide on next rates movement Signs the economy is slowing should mean rates stay steady Strategies : Tips on stretching your money THERE is little doubt the average household is feeling the pinch from record petrol ...
2008-05-29 10:50:00
