Mortgage and Financial News From 2010-8-26 Page 01

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• Red Bank mortgage broker admits to stealing $3.8M - NJBIZ

  Andrew Kitchenman`s is the Statehouse correspondent for NJBIZ, which he joined in May 2009. He previously worked as a reporter at The Times of Trenton and the Journal Inquirer of Manchester, Conn., and as an editor for ...
  2010-08-26 03:26:00

• Mortgage Q&A: Loan guides defy sense - Washington Times

  Q: My wife and I are looking into purchasing a home in the District. I have worked for the fed- eral government for the past 15 years, and my wife has a permanent job working for the State of California. My ...
  2010-08-26 12:13:00

• More lenders modifying troubled home loans by extending mortgage terms to 40 years - Orlando Sentinel

  Maria Olmo, 63, doesn't like her chances of paying off her new, 40-year mortgage. "I'll die before it's paid off," said Olmo, who got her 30-year mortgage modified because she was at risk of losing her home to ...
  2010-08-25 06:26:00

• Re-Defaults on Modified Mortgage Loans Falling - ABC News

  "It really is a bit of a two-way street," he said. The state officials' report examined mortgage modification trends at nine nonbank mortgage companies servicing 4.6 million loans nationwide as of March. Since the group ...
  2010-08-26 03:48:00

• New York is an Island - Cooperator

  CooperatorNew York is an IslandCooperator“That's tough to say, it's not for an insurance broker to make that determination but the insurance carriers feel that it's a very significant risk as ...and more »
  2010-08-26 01:28:35

• High as an Elephant's Eye - The East Hampton Star

  High as an Elephant's EyeThe East Hampton StarBy Laura Donnelly (August 26, 2010) The real estate broker knew it would be hard to draw a crowd to an open house in New Jersey last weekend. ...and more »
  2010-08-26 01:30:23

• Palm Beach County Companies Receive Almost $400,000 in Training Funds From Workforce ... - Earthtimes

  WEST PALM BEACH, Fla. , Aug. 25 /PRNewswire-USNewswire/ -- Workforce Alliance awarded $388,345 in training grants to twenty-five Palm Beach County employers during the past program year ( July 2009 ? June 2010 ...
  2010-08-25 07:42:00

• Most actively traded companies on the TSX, TSX Venture Exchange markets - Am770chqr.com

  TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (11,653.18 up 5.06 points): Manulife Financial Corp. (TSX:MFC). Insurance ...
  2010-08-26 05:49:00

• Red Bank, NJ, ex-broker admits to mortgage scam involving Florham Park, NJ ... - Dailyrecord.com

  Red Bank, NJ, ex-broker admits to mortgage scam involving Florham Park, NJ ...Dailyrecord.comAs a settlement agent and title company owner, Mas accepted mortgage monies from 11 people, including residents of Florham Park and Red Bank, ...and more »
  2010-08-26 02:08:50

• Lawmakers: Home-buyer assistance could help align housing market - San Bernardino Sun

  Lawmakers: Home-buyer assistance could help align housing marketSan Bernardino SunBefore the mortgage crisis in 2008, many first-time home buyers got all or part of their mortgage down payments from seller-funded assistance programs. ...and more »
  2010-08-26 09:16:01

• Foreclosure help: Group hosts mortgage modification marathon in South Florida - Sun-Sentinel

  Foreclosure help: Group hosts mortgage modification marathon in South FloridaSun-SentinelThe attraction: NACA, which acts as a non-for-profit mortgage broker, staffs the events with hundreds of mortgage loan counselors who use its agreements ...
  2010-08-26 02:38:25

• Dow slips below 10K; US appeals decision voiding FCC's broadcast indecency rule - Austin American-Statesman

  Dow slips below 10K; US appeals decision voiding FCC's broadcast indecency ruleAustin American-StatesmanMortgage rates fell to the lowest level in decades for the ninth time in 10 weeks, as concerns grow that the economy is weakening. Mortgage buyer Freddie ...and more »
  2010-08-26 10:03:35

• Robert J. Samuelson: Fannie, Freddie may still play critical role - Billings Gazette

  Robert J. Samuelson: Fannie, Freddie may still play critical roleBillings GazettePrivate lenders, which once regarded a mortgage secured by a home as a highly safe investment, now see it as highly risky. Few new mortgages are made ...and more »
  2010-08-26 10:04:56

• Keyes Co. realtor lists 4BD in West Palm Beach - Blockshopper

  BlockshopperKeyes Co. realtor lists 4BD in West Palm BeachBlockshopper... was a senior business consultant and broker associate at GMAC Home Services as well as a broker and owner of Realty International and Homefi Mortgage. ...and more »
  2010-08-26 04:02:39

• Blago and Other Notable Addicts: Thorburn Aug. Addiction Report Runners Up ... - NewsReleaseWire.com (press release)

  NewsReleaseWire.com (press release)Blago and Other Notable Addicts: Thorburn Aug. Addiction Report Runners Up ...NewsReleaseWire.com (press release)She claimed to earn $12000 per year in rent on her San Pedro property and "didn't know" that her mortgage broker committed fraud by forging rental ...
  2010-08-26 04:07:29

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