Feds indict seven in metro Atlanta mortgage fraud ring (BizJournals) Atlanta federal prosecutors have indicted seven metro Atlanta residents in alleged straw-buyer mortgage fraud scam, centered around an East Lake condominium complex. (WB)read more...
'I don't owe you a dollar' A property tycoon yesterday began a high court battle with his stepdaughter over a disputed 100,000 home loan.read more...
Paterson defends new mortgage law (Crain's New York Business) Bucking pressure from mortgage firm Freddie Mac, Gov. David Paterson trusts that legislation he recently signed will improve New York's housing situation.read more...
Stocks Get A Second Wind Stocks finished modestly higher Tuesday, recovering from initial lows after existing home sales surprised to the upside.Commentread more...
US Mortgage firm arranged stealth campaign (The Economic Times) Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant. Millionaire Fair
Jefferies plans to expand mortgage trading team (AP via Yahoo! Finance) Jefferies Group Inc. plans to expand its trading, origination and selling of mortgage-backed securities, the investment bank said Tuesday.read more...
LONDON (Reuters) – The number of mortgage approvals for home purchases edged down in April on a year ago, the first annual decline in nine months, British Bankers’ Association data showed on Friday.
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