Selling Mortgage Leads News for 06/23/2008
| $2.2 million mortgage fraud scheme leads to federal indictments (The Tennessean) GALLATIN -- Miles Jackson Black and Jeffrey Dunn Hathcock, both of Gallatin, have entered guilty pleas in federal court to conspiracy to commit wire fraud and bank fraud as part of an elaborate mortgage-fraud scheme. The alleged fraud involved the purchase of 22 luxury homes in Gallatin and Hendersonville by unqualified "straw" buyers, officials said. The trial of a third defendant in the case, ... | ||
Mortgage meltdown may spawn more suits (Business Insurance) The litigation tentacles reaching out of the subprime mortgage mess could entwine corporate prey well beyond the financial institutions and individuals blamed for creating the debacle and resulting credit crisis, some insurance and legal experts say... | ||
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Forum Editorial: Conrads judgment in question - In-Forum
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(AFX UK Focus) 2008-06-23 10:24 Hong Kong shares close weaker as China Mobile, CNOOC, cushion fall - UPDATE (Interactive Investor) HONG KONG (XFN-ASIA) - Share prices closed weaker in an erratic session as bargain hunting and interest in China Mobile, CNOOC and other utilities helped to cushion the market's early losses on the back of Wall Street's poor performance last Friday and rising crude prices... | ||
State leads no longer in home mortgage fraud (The Florida Times-Union) More aggressive audits have helped Georgia shed the dubious distinction of being the nation's leader in mortgage fraud, but the state remains a hot spot for the crime... | ||
Vets dream of day when road leads elsewhere (The Star-Ledger) Stan Kuchar and John Clemente, two Vietnam vets from Bergen County, say they have this dream. They'll be throwing back a beer at the Rock Bottom Brewery in Bethesda, Md., celebrating the idea they'll never be back there again... | ||
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Home Not-So-Sweet Home - New York Times
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Mortgage meltdown leads to 2 arrests at Bear Stearns (Seattle Times) It was April 2007, and two Bear Stearns hedge funds run by Ralph Cioffi and Matthew Tannin were piling up losses in the subprime-mortgage... | ||
Justice Dept. crackdown on mortgage fraud leads to more than 400 indictments (The Herald-Mail) WASHINGTON (AP) More than 400 real estate industry players have been indicted since March including dozens over the last two days in a Justice Department crackdown on incidents of mortgage fraud nationwide that have contributed to the countrys housing crisis. The FBI put the losses to homeowners and other borrowers who were victims in the schemes at over $1 billion... | ||
Mortgage fraud crackdown leads to 400 indictments (News 8 Austin) More than 400 real estate industry figures have been indicted since March, as part of a crackdown on mortgage fraud nationwide... | ||
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Mortgage Rates Up and Airfares Skyrocket - WXIA-TV
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Tax bills going up, home values going down - Indianapolis Star
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Housing slump shaping up to be 'worst in a generation': Report . - MarketWatch
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Mortgage rates on rise, as are fears for housing - San Diego Union Tribune
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Texas leads nation in FHA-backed home loans 2:52 PM CT (Dallas Morning News) Texas leads the country in the volume of home loans insured by the Federal Housing Administration. And Fort Worth and Dallas have some of the highest volumes in the country, FHA Commissioner Brian Montgomery said Thursday... | ||
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Ask the Experts: Pay down mortgage or add to 401(k)? - Sacramento Bee
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Bridal gown? Caterer? How about a mortgage? (New London Day) Long Island, N.Y. - As they seek ways to offset the downturn in home sales, real estate and mortgage brokers have recently started courting first-time.. | ||
Sub-prime Litigation Faced by Mortgage Lenders in Bankruptcy - International Law Office
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BusinessWise briefs - Cincinnati Enquirer
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NEWS FROM HOME - Arizona Daily Star
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