High-risk borrowers risk default / Housing market braces for possible blow from rise in subprime mortgage foreclosures (San Francisco Chronicle) As home prices in the Bay Area stagnate and sales volume plunges, the next blow to the region's housing market could come from defaults among high-risk borrowers, some experts say.
Mortgage fraud leader sentenced to jail (BizJournals) The ringleader of $4 million mortgage fraud scheme in Atlanta is heading to prison for nine years and seven months, and must pay $2.5 million in restitution.read more...
Keys to Successful Trading: Charles White of Tucson Asset Management Charles White's career has ranged broadly, from fixed-income portfolio manager to Commodity Trading Advisor.read more...
Ex-Nicaragua Prez to Be Tried Aleman's lawyer, Mauricio Martinez, told The Associated Press that Aleman had hired lawyers in the U.S. to defend him.read more...
In Idaho, Ski Resort's Promise Fades A luxury ski resort brought prosperity to Donnelly, Idaho, a small town with 158 residents. Then, last winter, building all but stopped after financing dried up.read more...
Sweeney appointed to An Post venture FORMER Aer Rianta boss Margaret Sweeney has been appointed chief executive of An Post's new financial services joint-venture with European bank, Fortis.Commentread more...
KANSAS CITY (AP) – A real estate investor who pleaded guilty to leading a multimillion-dollar mortgage fraud scheme was sentenced Friday to 12 years and seven months in federal prison.
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