Mortgage and Financial News From 2009-10-10 Page 01
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NY enforcers: $10K-a-day crime ring had int'l link - Evening Sun
NEW YORK—A crime ring raked in about $10,000 a day by manufacturing credit cards with numbers purchased illegally from overseas Web sites, committing mortgage fraud and staging car accidents and auto thefts to collect insurance payouts, prosecutors ...
2009-10-07 04:06:00 -
Norwalk Realtor faces federal charges - Norwalk Hour
A Norwalk woman and a Bridgeport man were indicted by a federal grand jury Friday for charges stemming from a mortgage fraud scheme involving four properties located in Connecticut. Norwalker Anna McElaney, 38, and Sergio Natera, 35, of Bridgeport ...
2009-10-09 06:48:00 -
Cedars-Sinai investigated for significant radiation overdoses of 206 ... - Los Angeles Times
More than 200 patients at Cedars-Sinai Medical Center were inappropriately exposed to high doses of radiation from CT brain scans used to diagnose strokes, hospital officials told The Times on Friday. About 40% of the patients lost patches of hair as ...
2009-10-10 12:56:00 -
Checkered past, viable future for lodge? - Winnipeg Free Press
MINAKI, ONT. -- Winnipeg businessman Rod Carey. The Ontario government. The Four Seasons Hotel. White Dog First Nation. Texas businessman Sadrudin Kassam. And those are just the owners who failed to make a success of the Minaki resort from 1971 to ...
2009-10-10 05:28:00 -
Help From Fannie and Freddie for Foreclosed Homes - New York Times
HOME buyers are not accustomed to getting much help with their mortgage financing; generally, they’re happy just to get a loan closed. At least one group of borrowers, though, could get a break. Fannie Mae and Freddie Mac, the government-controlled ...
2009-10-08 06:56:00 -
Personal Net Worth - Walletpop.com
Over time, you build up your personal assets . Your assets include savings and checking accounts, investments, and real estate. Some life insurance policies have a cash value that can be included in your personal assets. To pay for some of these ...
2009-10-10 04:56:00 -
8,000 reasons to buy - Austin American-Statesman
If you've been dreaming and saving to buy your first home, the next few weeks present a unique opportunity. For first-time home buyers whose income falls within certain limits, purchasing a house, condominium or townhome might make them eligible for ...
2009-10-10 09:00:00 -
Small Banks Failure Rate Grows, Straining F.D.I.C. - New York Times
In what has become a ritual, the Federal Deposit Insurance Corporation has swooped down on a handful of troubled lenders almost every Friday, seizing 98 since January alone and putting their assets into the hands of another bank. While the parade of ...
2009-10-10 04:16:00 -
Poor investments dig a hole two locals – and two banks – can’t ... - Star News Online
During the mid-decade real estate boom, the exuberance of lenders and borrowers alike took hold here with a feverish intensity. The bank failed April 10 and was taken over by First Federal Savings and Loan Association of Charleston, S.C. The state ...
2009-10-10 02:08:00 -
Panel postpones Resorts vote - Courier-Post
ATLANTIC CITY — The financially strapped Resorts Atlantic City, America's first casino outside Nevada, moved closer to being taken over by lenders after they agreed to seek a full New Jersey casino license. A new company formed by the lenders, RAC ...
2009-10-10 04:56:00 -
Miami Beach Real Estate Finance Tactic – The Lease-Purchase Trend - Turks.US
In a market where most properties are affordable, it seems paradoxical that there are still many people who can’t buy a home. Why? Well, for one, lenders are becoming more and more austere with their loan requirements. Homeowners, including those ...
2009-10-10 11:59:00 -
Mortgage woes still on rise in Merced County - Merced Sun-Star
The number of homeowners in Merced County that are more than 90 days past due on mortgage payments has increased since last year. Eighteen percent of Merced County homeowners were 90 or more days delinquent in paying their home loans this August ...
2009-10-10 03:45:00 -
PGMA wants N. Luzon to focus on rehab, relocation of families ... - Balita News
TUGUEGARAO, Cagayan, Oct. 10 — President Gloria Macapagal-Arroyo asked Region 2 local officials to focus on rehabilitation efforts and the relocation of families affected by the floods of typhoon “Pepeng”. President Arroyo also congratulated ...
2009-10-10 10:47:00 -
Mortgages under 5% are back in bloom - CNN Money
NEW YORK (CNNMoney.com) -- The possibility of securing a mortgage rate below 5% has greatly improved in recent weeks, in a positive sign for would-be home buyers. Home mortgage rates fell for the sixth straight week, according to two key measures ...
2009-10-08 12:01:00 -
Peter Boutell, Lending a Hand: Buying a home is not for everyone - Santa Cruz Sentinel
Despite the mortgage meltdown and the subsequent tightening of mortgage guidelines, the mortgage industry is still allowing borrowers to spend more money on their house payment than borrowers are comfortable spending. In fact, borrowers can spend 45 ...
2009-10-10 03:31:00