Mortgage and Financial News From 2009-11-23 Page 01
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Jesse Jackson in Toledo to confront foreclosures - Toledo Blade
Civil rights leader The Rev. Jesse Jackson spent five hours in Toledo Monday as part of an effort to encourage grassroots action to confront the wave of foreclosures that are costing people their homes. Mr. Jackson met with pastors and elected ...
2009-11-23 09:48:00 -
Property tax bills to arrive this week in Jackson County - Mississippi Press
An estimated 69,000 statements were to be mailed by today. Property owners who pay their taxes through a home mortgage or other type of loan should not receive a statement. These statements reflect taxes due from Jan. 1 to Dec. 31, 2009, and property ...
2009-11-23 09:27:00 -
Report: Michigan housing chief defaults on loans, faces more than $100 ... - MLive.com
... during the last two years for loans ... million loan from Fifth Third Bank. The case is pending. • In Florida, Huntington Bank won an $11 million foreclosure judgment against Glieberman's Crosswinds at Pompano Beach in January over a mortgage
2009-11-23 09:41:00 -
Group Accused In Mortgage Scam Detained - KGTV, 10News.com
Group Accused In Mortgage Scam DetainedKGTV, 10News.comThey racked up debt in credit cards and loans, but never saw any property. Jennifer's husband later died, and she also lost her house. ...
2009-11-23 07:29:18 -
Marc Munroe Dion: It's the jobs, stupid - Wakefield Observer
Marc Munroe Dion: It's the jobs, stupidWakefield ObserverBarney Frank, ever the jokester, said the average person can't make mortgage payments while collecting unemployment, which has accelerated foreclosures. ...and more »
2009-11-23 07:32:13 -
Finance Department directs board to open talks - IrishExaminer.com
Finance Department directs board to open talksIrishExaminer.comOne industry source suggested, yesterday, that nothing has changed, in that IL&P may well merge its mortgage business to create the third bank desired by ...and more »
2009-11-23 07:35:22 -
Again, EFCC Gives Bank Debtors Deadline - THISDAY
Again, EFCC Gives Bank Debtors DeadlineTHISDAYAlso, the anti-graft agency will shift its focus to other financial institutions such as mortgage firms and discount houses in its efforts to rid the ...and more »
2009-11-23 07:39:58 -
Boom to doom: The decade in housing - MSN Money
MSN MoneyBoom to doom: The decade in housingMSN MoneyBut mortgage rates continue to drop, and little- to no-money-down adjustable-rate mortgages and loans with teaser rates fuel speculative investment in hot ...
2009-11-23 07:52:09 -
Judge Blasts Bank's Foreclosure Conduct and Cancels Mortgage - The National Law Journal
Judge Blasts Bank's Foreclosure Conduct and Cancels MortgageThe National Law Journal... or high-cost, home loans. The case was decided with the county facing what the judge characterized as "the yawning abyss of a deep mortgage and housing ...and more »
2009-11-23 08:08:24 -
Davie pastor, wife convicted of $7 million fraud - MiamiHerald.com
Davie pastor, wife convicted of $7 million fraudMiamiHerald.comThey also diverted mortgage loans to fund the scheme and their personal expenses. Sullivan said the conspiracy case, investigated by the IRS, ...and more »
2009-11-23 08:15:43 -
The line between what we want and what is. - Western Standard (blog)
The line between what we want and what is.Western Standard (blog)Intentional introduction of inflation--which is what low-interest on treasury loans are--results in miscalculated risk taking and inefficient capital ...
2009-11-23 08:16:57 -
Feds investigate NC development's loans, some by Florida buyers - Tampabay.com
Feds investigate NC development's loans, some by Florida buyersTampabay.comRabuffo, a native of New York and part-time resident of Miami, was convicted of mortgage fraud in New York in the late 1980s. The only recent activity in ...
2009-11-23 08:57:23 -
The Next Trillion Dollar Federal Giveaway to Mega-Banks: Shooting Main Street ... - Huffington Post (blog)
The Next Trillion Dollar Federal Giveaway to Mega-Banks: Shooting Main Street ...Huffington Post (blog)While Wall Street turned the mortgage market into the Wild West, "Main Street" mortgage lenders stuck with traditional, conventional loan products with ...
2009-11-23 09:13:34 -
Home sales get biggest boost in decade - San Gabriel Valley Tribune
Home sales get biggest boost in decadeSan Gabriel Valley Tribune"We'll see a continued increase in the number of mortgage loans that will go bad," she said. "And experts who track this data say there haven't been enough ...and more »
2009-11-23 09:15:35 -
Credit union wins family friendly business award - Hawaii 24/7
Credit union wins family friendly business awardHawaii 24/7... offers credit cards, auto, mortgage, construction, small business, educational and personal loans; investment services; money-saving programs and more. ...
2009-11-23 09:23:16