Mortgage and Financial News From 2007-11-11 Page 2
Previous Day: 2007-11-10
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Ex-NYC top cop Kerik pleads not guilty
Boston Globe - Falsifying a mortgage application by not disclosing that he had borrowed -- from a real estate agent doing business with the city -- the funds he was using as a down payment. Kerik surrendered earlier Friday to the FBI in suburban White Plains, where ...
2007-11-08 03:56:00 -
Remains confirmed as missing woman
Modesto Bee - One of oldest Portuguese women, 110, dies (18) 3 accused of mortgage fraud (17) Woman was burned to death for $750 in drugs, sheriff says (16) Diary keeper's pen is at rest (15) Athlete of the Week: Janay Bankston (14) Community Briefing (13) Ailing ...
2007-11-06 03:59:00 -
Our Views: Kamilos deserves support in pursuit of state funding
Modesto Bee - One of oldest Portuguese women, 110, dies (18) 3 accused of mortgage fraud (17) Woman was burned to death for $750 in drugs, sheriff says (16) Diary keeper's pen is at rest (15) Athlete of the Week: Janay Bankston (14) Community Briefing (13) Ailing ...
2007-11-08 03:56:00 -
Grand jury to investigate Planned Parenthood
Kansas City Star - A recent Johnson County grand jury, convened to investigate obscenity at local businesses, announced indictments in more than a dozen other cases. Those involved mortgage fraud, drunken driving, burglaries and the murder of teenager Kelsey Smith. To ...
2007-11-08 03:56:00 -
Diana Clement: Fraudsters get more devious every year
New Zealand Herald - When a Sovereign Home Loans letter arrived last week, my fraud radar went into overdrive. I found that someone, using my mother's maiden surname, had taken out a mortgage on our property. Fortunately it turned out not to be fraud, but human error ...
2007-11-11 03:10:00 -
Informative Research to Launch OriginatorDirect™ Mortgage ...
PR.com - OriginatorDirect will give subscribing CRAs their own private-label credit portal, affording them direct access to the Informative Research Web-based credit system, as well as tradeline verifications, flood determinations, mortgage fraud insurance ...
2007-11-10 11:46:00 -
AP Business NewsBrief at 3:36 p.m. EST
CNBC - MILWAUKEE (AP) _ As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices _ but the companies that insure their loans are worrying about their very survival in the face of billions ...
2007-11-11 12:39:00 -
Corporate auditors in tough spot
Dubuque Telegraph Herald - This has to do with how companies value their risky mortgage assets. Auditors are collectively saying they will take a hard-line approach to how this is done. The ugly numbers coming out from the likes of Merrill Lynch & Co. Inc. and other big ...
2007-11-11 01:44:00 -
UPDATE: Worsening Credit Crunch Pressures British, U.S. Banks
FXStreet.com - In the U.K., HSBC Holdings Plc (HBC) and Barclays Plc (BCS) , like other financial institutions, have been grappling with their exposure to shaky mortgage loans. Already, companies including Merrill Lynch & Co. Inc. (MER) and Morgan Stanley (MS ...
2007-11-11 07:20:00 -
Shame on the boards
Inland Valley Daily Bulletin - To start, they didn't have a handle on the risks from their companies' heavy exposure to mortgage-related assets. When the going was good, that lack of understanding didn't matter. Big profits blinded everyone, including the directors and ...
2007-11-11 07:27:00 -
Stephen King: EM Forster and the American paradox
The Independent - Over the past three months, it has become a lot more difficult to get a mortgage on reasonable terms. Commercial realestate companies no longer have easy access to credit. And while commercial and industrial companies aren't being turned away, banks ...
2007-11-11 04:36:00 -
Tech, finance shares lead Europe markets down
Xinhua News Agency - ... weaker U.S. dollar will curb profits for technology and chemical firms and more banks will report losses related to subprime mortgage defaults in the United States. Nokia Oyj, Alcatel-Lucent SA and Syngenta AG paced a decline by companies that ...
2007-11-11 05:47:00 -
The color of money
Worcester Telegram & Gazette - Pity the mortgage broker. As foreclosures rise around the country, those souls who make a living instructing us to sign thousands of pages of legal documents in under three minutes are singing the blues. Brokers took aim at Attorney General Martha ...
2007-11-11 03:21:00 -
Bill would solve many mortgage ills
Everett Herald - A mortgage broker is often confused with a mortgage banker. A broker does not actually lend money. A broker acts as a liaison between a consumer who needs a mortgage loan and a lender with money. Mortgage brokers receive a loan fee from either the ...
2007-11-10 11:53:00 -
Lions and Owls fans stake out turf early
Philadelphia Daily News - ... is a senior, said Zaengle, 49, a quality-control manager in Carlisle, Cumberland County. "At Penn State, we never leave till Sunday morning," he said. "Here, we'll come back, have supper." Standing at a barrier, Ralph Papa, 26, a mortgage broker from ...
2007-11-11 03:14:00