Mortgage and Financial News From 2010-5-23 Page 01
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Settlement squeezes out a bit more Met money: Former leader Sandifur, other ... - American Chronicle
Settlement squeezes out a bit more Met money: Former leader Sandifur, other ...American ChronicleMay 23--C. Paul Sandifur Jr., the former chairman and chief executive officer of Metropolitan Mortgage & Securities Co., will pay $23000 to investors in the ...and more »
2010-05-23 10:00:37 -
Senate Passes Finance Reform! - RantRave | Published Opinion.
RantRave | Published Opinion.Senate Passes Finance Reform!RantRave | Published Opinion.Goldman Sachs is being investigated for securities fraud. If they ever go to trial I feel sorry for the jury selected, because hardly anyone understands the ...
2010-05-23 01:28:38 -
Is the “Times Square Terrorist” an Asset of Organized Crime? - Veterans Today Network
Is the “Times Square Terrorist” an Asset of Organized Crime?Veterans Today NetworkHere begins the closing of the circle connecting the savings and loan fraud of the 1980s and the subprime mortgage fraud two decades later. ...
2010-05-23 02:11:26 -
Prosecutors Won't Charge AIG's Cassano - Main Justice
Prosecutors Won't Charge AIG's CassanoMain JusticeBut the Securities and Exchange Commission hasn't ruled out bringing a civil fraud suit for securities violations, according to the Journal. ...and more »
2010-05-23 06:21:11 -
FINANCE BRIEFS: Taubman refinances mall project with mortgage-backed loan - Crain's Detroit Business
FINANCE BRIEFS: Taubman refinances mall project with mortgage-backed loanCrain's Detroit BusinessThe SEC seeks to “stop an ongoing fraud” of $23.8 million against three Detroit-area pension funds, including the two who brought the new suit. ...
2010-05-23 07:50:42 -
Duly Noted - 5/24 - Daily Record (subscription)
Duly Noted - 5/24Daily Record (subscription)By Daily Record Staff Mortgage fraud deal reached More than 100 people who say they were victimized by a mortgage fraud scheme would get only a few thousand ...and more »
2010-05-23 09:44:13 -
Solar panels at Harbor College remain unused due to complications - Los Angeles Daily News
Solar panels at Harbor College remain unused due to complicationsLos Angeles Daily NewsLast week, trustees interviewed candidates for a new Office of the Inspector General, which will investigate claims of fraud and wrongdoing in the ...and more »
2010-05-23 10:30:11 -
Angry father, devoted son, and gunfire - NDTV.com
NDTV.comAngry father, devoted son, and gunfireNDTV.comJim Jenkins, a former mortgage broker in Seattle who attended one of Mr. Kane's seminars in April, said that Mr. Kane had been largely congenial, ...and more »
2010-05-23 11:16:01 -
US Subprime Hunt Targets Goldman, May Skip Cassano: Timeline - BusinessWeek
US Subprime Hunt Targets Goldman, May Skip Cassano: TimelineBusinessWeekThe following is a list of the major US law enforcement and regulatory probes and actions thus far in response to the subprime-mortgage meltdown and ensuing ...and more »
2010-05-23 11:27:38 -
Nashville FBI agent charged with fraud
A Nashville FBI agent has been charged with fraud in connection with a mortgage scheme.
2010-05-23 04:08:21 -
Reverse mortgage pitfalls - San Francisco Gate
Finally, homeowners may also be asked to get mortgage insurance, and may be charged a flat monthly account "service fee", which can range from $30 to $35 a month. In short, the costs associated with a reverse mortgage can initially nibble away at the ...
2010-05-20 04:11:00 -
FHA looks for IT help to fight fraud in mortgage ... - Nextgov
... the mortgage market collapsed and lending institutions stopped originating loans, the agency experienced a jump in mortgage applications accompanied by an increase in mortgage insurance claims and delinquencies. FHA now accounts for 30 percent ...
2010-05-17 04:36:00 -
HOUSING: It's nearly as cheap to buy as rent in local market - North County Times
It also assumed borrowers paid for private mortgage insurance and didn't include repair costs and tax benefits. A dramatic fall The Cassidy Turley survey shows a dramatic rise and even more dramatic fall in the rent/mortgage gap over the last seven ...
2010-05-23 09:08:00 -
100 tips to help you save - Bankrate.com
Something as simple as installing a fire extinguisher or a deadbolt lock can take a significant bite out of your insurance bill. 11. Cancel private mortgage insurance, or PMI, once your mortgage reaches an 80 percent loan-to-value. 12.
2010-05-23 03:39:00 -
Seniors get a dose of reality - Loudoun Times-Mirror
Seniors get a dose of realityLoudoun Times-MirrorStudents navigated through mortgage payments, child-care costs, medical/dental insurance and auto purchases. They visited booths staffed by volunteers to ...
2010-05-23 03:02:36