Mortgage and Financial News From 2009-3-10 Page 01

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  • Three men arrested in £3m property fraud swoop (Belfast Telegraph)

    Three men were being questioned last night about mortgage fraud, money laundering and tax evasion worth millions of pounds in Northern Ireland.
    2009-03-10 07:59:44
  • Variable rates all the rage (Perth Now)

    NEW home-owners are taking advantage of plummeting interest rates, with variable loans now accounting for 91 per cent of all home loan approvals in WA.
    2009-03-10 08:16:00
  • Real estate forum: 'Don't go to court without a lawyer' (Sierra Sun)

    Too many foreclosures could continue to cause problems even after the market turns
    2009-03-10 08:19:48
  • (AFX UK Focus) 2009-03-11 03:27 PRESS DIGEST - British business - March 11 (Interactive Investor)

    The Times FSA MAY FORCE PEARL GROUP TO REDUCE ITS 2.25 BLN POUND DEBT The Financial Services Authority has hired KPMG to conduct an inquiry into Pearl Group, which took on a debt burden of 2.25 billion pounds ($3.11 billion) in the wake of its acquisition of Resolution. The City regulator is considering whether to force Pearl Group to reduce its debt at a time when fears are mounting over the ...
    2009-03-10 10:35:04
  • Area real estate fares better than rest of state (The Telegraph)

    The first month of 2009 saw a modest increase in the number of homes sold in Alton, but it's far too early to tell whether the area is pulling out of the real estate doldrums, local professionals say.
    2009-03-10 10:36:13
  • Making Ends Meet: Finding Good Mortgage Deals (KPVI 6 Pocatello)

    Our series "Making Ends Meet" continues, this time with a look into the real estate industry, and finding a good mortgage deal.
    2009-03-10 10:51:12
  • Greenwich House Sales Slump as $2 Million-Plus Homes Languish (Bloomberg)

    March 11 (Bloomberg) -- Greenwich, Connecticut , home sales dropped 77 percent in February from a year earlier as Wall Street firms cut jobs and buyers retreated from multimillion-dollar purchases, Prudential Connecticut Realty said.
    2009-03-10 11:26:30
  • Lock in Mortgage Rate Before It’s Too Late: Jane Bryant Quinn (Bloomberg)

    March 11 (Bloomberg) -- So who is actually getting some? I mean those beautiful fixed-rate mortgages advertised at 5.5 percent or less. Maybe, in a virtual world, an avatar can drop into a virtual bank and close a loan at that rate, but here in real life, achieving it is close to a miracle.
    2009-03-10 11:31:57
  • Latest News - dBusinessNews.com

    STAR TEC Accelerator Announces TEC Launch Innovative program will benefit technology generators and early-stage companies LARGO – ... Creative Recycling Systems Debuts State-of-the-Art TV Recycling Technology March 6, 2009 (Tampa, FL) - Creative ...
    2009-03-10 05:03:00
  • Citi "Homeowner Helper" Site Merely Potemkin Village? - Consumerist.com

    Did Citi set up its "homeowner helper" site to comply with Obama's mortgage assistance programs, but then not actually attach it to any humans that will help homeowners? After inputting his info on the site, Citi told reader CoarseLive to schedule an ...
    2009-03-10 07:12:00
  • Mortgage Foreclosures - The Ledger

    Mortgage foreclosures filed with the civil division of the Circuit Court for January 2009. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action. Integrity Builders of Central ...
    2009-03-09 07:56:00
  • Moody's Bottom Rung list includes AMD, Clearwire, Palm, Unisys; Media ... - ZDNet Blogs

    Tags: Unisys Corp. , Palm Inc. , Media , Clearwire Corp. , Moody's Corp. , Advanced Micro Devices Inc. , Telephony , Advertising & Promotion , Telecom & Utilities , Investment Moody’s has released its “Bottom Rung” list of companies that have a ...
    2009-03-10 07:26:00
  • Phony mortgage plan - Thehill.com

    President Obama and his big spenders are moving quickly, to the relief of those who are facing foreclosure on their mortgages. But the program they are offering will do nothing for those most in need. In the fine print, Obama’s plan provides no ...
    2009-03-10 05:17:00
  • Alleged fraud artist Ian Thow to face bail hearing Thursday in Vancouver (Canoe Money)

    VANCOUVER, B.C. - Information contained in U.S. documents claims a former B.C. investment advisor convinced as many as three dozen investors to put millions into non-existent investments, stocks and bonds.
    2009-03-10 08:14:58
  • Fla. Attorney General Seeks to Cap Fees for Outside Counsel (Law.com)

    Florida Attorney General Bill McCollum has drafted companion bills that would limit his authority to contract with private attorneys for litigation and impose a contingency fee cap of $50 million. The latter point is causing particular concern among plaintiffs lawyers, especially given the fact that the cap would be "irrespective of the number of lawsuits filed or the number of private attorneys ...
    2009-03-10 09:09:34