Lawmakers impatient with Obama mortgage plan
Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the governme...
USA Today,
Tue Dec 08 13:47:55 PST 2009
• Found on Yahoo! News
NC bank panel hears comment on new mortgage rules
Banks and anyone else with an interest in how new North Carolina mortgage laws are applied have an invitation to sound off.
AP via Yahoo! News,
Tue Dec 08 07:25:34 PST 2009
• Found on Yahoo! News
Topix.net
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• Found on Topix News
Frank Backs Mortgage Cram-Down in Finance Reform Bill (Update2)
Dec. 8 (Bloomberg) -- The mortgage
Bloomberg,
Tue Dec 08 15:11:04 PST 2009
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Dealers to Create Prime Mortgage Credit-Default Swaps (Update1)
Dec. 8 (Bloomberg) -- Wall Street banks have agreed to create credit-default swap indexes tied to U.S. prime-mortgage securities, in a move that may risk driving down prices for the bonds a...
Bloomberg,
Tue Dec 08 14:44:34 PST 2009
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TCW Said to Seek $450 Million Mortgage-Bond Sale (Update1)
Dec. 8 (Bloomberg) -- TCW Group Inc., the asset manager that last week fired Chief Investment Officer Jeffrey Gundlach , plans to sell about $450 million of mortgage-backed securities, acco...
Bloomberg,
Tue Dec 08 12:36:31 PST 2009
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J.P. Morgan sees more mortgage losses
J.P. Morgan Chase & Co. forecasts more mortgage losses and sounds a cautious note on consumer delinquency trends.
Market Watch,
Tue Dec 08 11:40:35 PST 2009
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J.P. Morgan Sees More Mortgage Losses
J.P. Morgan Sees More Mortgage Losses
Fox News,
Tue Dec 08 11:35:22 PST 2009
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Mortgage pain in Port Melbourne
Port Melbourne now has the state's highest rate of mortgage defaults, with 4 per cent of its homebuyers behind in their payments.
Business Day,
Tue Dec 08 19:14:06 PST 2009
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House Democrats push bill to use TARP funds for homeowner mortgage relief
House Democrats are seeking to tap the government's massive bailout fund to help homeowners who have lost their jobs and are struggling to make their mortgage payments.
Washington Post,
Mon Dec 07 21:00:00 PST 2009
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SEC sues defunct Brookstreet and CEO over sales of mortgage-backed securities
WASHINGTON - Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-back...
Minneapolis-St. Paul Star Tribune,
Tue Dec 08 16:23:51 PST 2009
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Lawmakers impatient with Obama mortgage plan
Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the governme...
San Francisco Chronicle,
Tue Dec 08 11:10:30 PST 2009
• Found on Yahoo! News
Most Targeted for Mortgage Relief Don
Dec. 8 (Bloomberg) -- A majority of the 3.2 million borrowers targeted by the U.S. Treasury Department for mortgage relief under the administration
Bloomberg,
Tue Dec 08 05:25:02 PST 2009
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Feds: Mortgage Deal Too Good to Be True
A group of Bucks County lawyers and mortgage company officials are charged with preying on distressed homeowners.
KYW News Radio 1060,
Tue Dec 08 18:42:01 PST 2009
• Found on Yahoo! News
CORRECT: UPDATE:5 Charged In $14.6 Million Mortgage Fraud Scheme In Pa.
("=UPDATE: 5 Charged In $14.6 Mln Mortgage Fraud Scheme In Pa.," published at 4:08 p.m. EST, inadvertently omitted a response from a lawyer in the text of the story. A full version of the s...
Nasdaq,
Tue Dec 08 14:31:59 PST 2009
• Found on Yahoo! News
SEC sues defunct Brookstreet and CEO over sales of mortgage-backed securities
WASHINGTON - Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-back...
MalaysiaNews.net,
Tue Dec 08 17:16:43 PST 2009
• Found on Yahoo! News
Reserve governor warns of more mortgage rises
ECONOMISTS have forecast an upswing that will add more than $300 to the monthly cost of a mortgage as the Reserve Bank governor has spoken of the need for still higher ''spreads'' between w...
WA Today,
Tue Dec 08 16:31:16 PST 2009
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UPDATE: 5 Charged In $14.6 Million Mortgage Fraud Scheme In Pa.
(Updates with response from lawyer.) Five people were indicted in a $14.6 million mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans, federal prosecutors said in P...
Nasdaq,
Tue Dec 08 13:17:15 PST 2009
• Found on Yahoo! News
Webster Man Pleads Guilty To $7M Mortgage Fraud
A 27-year-old Webster man has admitted to bilking more than $7 million from at least 15 mortgage companies.
WCCO Minneapolis - St. Paul,
Tue Dec 08 17:54:29 PST 2009
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NC bank panel hears comment on new mortgage rules
Banks and anyone else with an interest in how new North Carolina mortgage laws are applied have an invitation to sound off. The state banking commission has scheduled a public hearing Tuesd...
San Francisco Chronicle,
Tue Dec 08 07:55:49 PST 2009
• Found on Yahoo! News