Mortgage lenders demand bigger deposits (ShareCast via Yahoo! UK & Ireland Finance) Hopes that the £50bn bail-out announced last Monday by the Bank of England would ease the impact of the credit crunch on the housing market received another blow today when
Europe Suspends Mortgage Bond Trading Between Banks (Update3) (Bloomberg.com) Nov. 21 (Bloomberg) -- European banks agreed to suspend trading in the $2.8 trillion market for mortgage debt known as covered bonds to halt a slump that has closed the
Six are indicted in mortgage scam (Houston Chronicle) A Katy real estate broker remained at large Thursday after his indictment in connection with what federal prosecutors said was a multimillion-dollar mortgage fraud scheme.via
State agrees to deal with broker in mortgage cases (The Derrick) MEANWHILE, LOAN WRITE-DOWNS TOTAL IN THE 'HUNDREDS OF THOUSANDS.' A Butler County mortgage broker whose affiliated firms were accused of conspiring with a home-improvement contractor and real-estate appraisers to defraud
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Two additional former clients of suspended lawyer Stephen T. Gionfriddo are alleging he misused more than $165,000 in unrelated cases, and both are seeking to attach Gionfriddo’s Farm Hill Road home.
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