Mortgage and Financial News From 2008-11-23 Page 01
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Experts clarify economic crisis, offer advice - Daily Targum
During a financial discussion at the Heldrich Hotel Wednesday evening, Rutgers Business School Professor Ben J. Sopranzetti Jr. informs an audience about the factors contributing to the current economic crisis. Confused about what to do in an ...
2008-11-19 05:53:00 -
Beware of free financial advice - CNN Money
NEW YORK (Money) -- Question: My wife and I are looking into getting some financial advice. Our bank says they offer free services through their financial adviser. This worries my wife because she thinks that the adviser will push the bank's agenda ...
2008-11-19 04:45:00 -
70% surge in homeowners seeking aid to pay mortgage - Irish Examiner
THOUSANDS of homeowners have been forced to ask for state assistance to help them pay their monthly mortgage bills. Figures seen by the Irish Examiner show there has been a 70% surge in the number of people in receipt of mortgage interest supplement ...
2008-11-23 07:00:00 -
Citigroup pays for a gold rush to risk (The Times of India)
Today, Citigroup, once the nation's largest and mightiest financial institution, has been brought to its knees by more than $65 billion in losses, write-downs for the troubled assets and charges to account the for future losses.
2008-11-23 02:23:38 -
Tax cuts will make families feel better, but not for long (Times Online)
When Alistair Darling delivered his first Pre-Budget Report in October last year the outlook for the economy was far from rosy. But the sharp deterioration in Britain’s household finances, as the Chancellor of the Exchequer prepares to step up to the dispatch box again, has come as a shock.
2008-11-23 02:47:27 -
HBOS 'will face nationalisation' if merger is not approved (Guardian Unlimited)
Chairman warns that if deal is rejected the bank is likely to need more than £11.5bn promised by Treasury
2008-11-23 03:20:02 -
56 Fort Street (Scoop.co.nz)
An iconic Auckland character building is on offer to the market through agency, CB Richard Ellis. Dominic Ong, who is marketing the property, 56 Fort Street, says the property is expected to attract high interest because of the unique profile and location of the property.
2008-11-23 05:01:39 -
Getting through tough times (Paris Beacon)
URBANA – Many families wait as long as six months to adjust their lifestyle after a reduction in income, making matters worse as they hope for things to get better.
2008-11-23 05:23:43 -
ShareChat News: Property affordability improves as loan costs fall (ShareChat)
Property affordability in New Zealand has improved though a quick rebound in the market isn't anticipated, according to the ANZ Property Focus. The bank's property gauges show affordability is improving though it is "a slow grind down," the bank said in its report.
2008-11-23 06:03:10 -
Fannie Mae Redemption (Bernama via Yahoo! Malaysia News)
ATTENTION EDITOR, BUSINESS DESK
2008-11-23 07:35:04 -
Fairfax man pleads guilty in $33 million mortgage fraud case - Fairfax Times
The multimillion-dollar Fairfax home of a Bollywood film producer who pleaded guilty last week to money laundering will be auctioned off to the highest bidder on Nov. 20. Vijay K. Taneja, 47, is charged with causing an accumulated loss of at least ...
2008-11-19 03:58:00 -
NYC authorities charge 16 in mortgage fraud scheme - MSN MoneyCentral
NEW YORK (AP) - Sixteen people — including drug smugglers, real estate appraisers and a bank employee — hatched two multimillion-dollar mortgage fraud schemes involving overvalued suburban homes that were sometimes used as stash houses ...
2008-11-19 05:03:00 -
Title insurer wins round in mortgage fraud - WALB 10
ATLANTA (AP) - The federal appeals court in Atlanta has given a title insurance company a chance to recover some of the $742,000 it lost in a Georgia mortgage fraud scheme. Attorney's Title Insurance Fund Inc. paid Long Beach Mortgage Company after ...
2008-11-17 04:36:00 -
Mortgage Fraud: Why It Affects Everyone - Newport Plain Talk
Mortgage fraud is a very serious problem. It’s a an even bigger problem with the current state of our economy. It affects even the innocent bystander. The FBI somewhat recently released a report entitled, “2007 Mortgage Fraud Report,” which ...
2008-11-18 09:33:00 -
No parole for scam man (CNews)
Convicted mortgage-fraud kingpin Gohar Pervez plans to dive right back into the real estate business just as soon as he is released from prison, National Parole Board documents indicate.
2008-11-23 07:33:46