Mortgage and Financial News From 2009-2-18 Page 01
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Feds Set Sights on 'Gatekeepers' in Fraud Investigations - Law.com
Federal law enforcement officials said Wednesday they are targeting lawyers, mortgage brokers, real estate brokers and other "gatekeepers" who perpetrated fraud that contributed to the current economic crisis -- a clear warning shot as the federal ...
2009-02-11 10:04:00 -
Obama unveils mortgage relief plan (The Washington Times)
President Obama announced a broad plan Wednesday to spend $75 billion to help homeowners pay mortgages and that could inject up to $200 billion more to Fannie Mae and Freddie Mac to stabilize the housing markets.
2009-02-18 06:03:50 -
Extra, Extra (Gothamist)
Photograph taken in Central Park by laverrue on Flickr From the Gothamist Newsmap : Multiple pedestrians struck at Coney Island Ave & Ave N in Brooklyn bank robbery at Madison Ave & E 73rd in Manhattan, and a police car MVA at Bruckner Expwy & Sheridan Expwy in the Bronx. The plight of uninsured 20-somethings is examined in the NY Times . One woman who was hit by a car said, "There was no way ...
2009-02-18 06:36:44 -
Business Highlights (Boston Globe)
------ Obama throws $75 billion lifeline to homeowners
2009-02-18 06:37:37 -
Man charged in Canadian fraud case will leave U.S. (Reuters)
PORTLAND, Oregon (Reuters) - An investment advisor accused of orchestrating a multimillion dollar fraud in Canada will not fight extradition from the United States, a U.S. court was told on Wednesday.
2009-02-18 06:58:32 -
Dodd on hot seat again (Connecticut Post)
WASHINGTON -- Connecticut Sen. Chris Dodd came under renewed attacks Wednesday from Republicans who claim he has been bought off by a "rogues gallery" of financial scofflaws.
2009-02-18 08:00:45 -
Bank economists cut Canadian outlook (National Post)
Canadian bank economists have begun to paint an even darker picture of Canada’s economic prospects this year in response to the run of bad data released in the past seven weeks.
2009-02-18 09:30:26 -
UBS Will Disclose Names, Pay $780 Million to End U.S. Tax Case (Bloomberg)
Feb. 19 (Bloomberg) -- UBS AG , Switzerland’s largest bank, will pay $780 million and disclose the names of some secret account holders to avoid U.S. prosecution on a charge that it helped thousands of wealthy Americans evade taxes.
2009-02-18 10:08:02 -
Mortgage plan could save 9 million homes - Denver Post
Feb 18: Details of Obama's plan to stem home foreclosures NY Post cartoon of dead chimpanzee stirs outrage Porter: Bill signing stirs hope for relief Table from governor's mansion wins supporting role Crowd turns out for quick look at president's ...
2009-02-18 04:19:00 -
Do you qualify for a mortgage bailout? - BusinessWeek
President Obama and Tresury Secretary Geithner are spending $75 billion to help homeowners stay in their homes. Is there something in there for you? The quickest answer can be found by looking at how much you earn, not how much you owe. If your total ...
2009-02-18 04:55:00 -
At Last, Help For Homeowners - American Progress
In a sharp departure from the Bush administration’s largely hands off approach to the U.S. housing crisis as it metastasized over the last two years of his presidency, the Obama administration unveiled a comprehensive array of measures targeted at ...
2009-02-18 04:19:00 -
Bank of America Applauds President Obama's Homeowner Affordability and ... - Yahoo Finance
CALABASAS, Calif., Feb. 18 /PRNewswire/ -- Bank of America today said it applauds the Obama administration's Homeowner Affordability and Stability Plan focused on assisting homeowners with their mortgage payments through refinancing and a loan ...
2009-02-18 04:48:00 -
Obama unveils $75-billion mortgage relief plan - Los Angeles Times
President Obama has pledged to spend up to $100 billion of the remaining financial bailout funds approved last fall to assist worthy but struggling homeowners. The president announces the Treasury Department plan in Mesa, Ariz. 'If we act boldly and ...
2009-02-18 01:13:00 -
Tuesday's Biggest Stock Stars - Motley Fool
There's a reason why I selected notable five-star gainers, as opposed to other big-name winners making noise on Tuesday, like low-rated Sirius XM (Nasdaq: SIRI ) . Stocks go up all the time, but unless you were able to predict the pop, what does it ...
2009-02-18 01:49:00 -
MICA Issues Statement on President's Housing Stabilization Plan - PR Inside
The following is a statement from the Mortgage Insurance Companies of America (MICA) on the President's Homeowner Affordability and Stability Plan: MICA is very supportive of the overarching goal of the President's proposed plan -- keeping families ...
2009-02-18 04:34:00
