Kansas City councilwoman indicted for mortgage fraud (Jefferson City News Tribune)
KANSAS CITY, Mo. (AP) – Kansas City Councilwoman Saundra A. McFadden-Weaver and two others were indicted Wednesday on federal charges of mortgage fraud.
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Rates, IR 'double whammy' on homes AN expected rise next month in interest rates combined with the Federal Government's new industrial relations laws meant a "double whammy" of hurdles for Australian homeowners, Opposition Leader Kim Beazley
Australia's 'mortgage' finally paid off (News Interactive) PETER Costello will today pay off Australia's $96 billion national mortgage, and Government will no longer be a net borrower.read more...
ABB First-Quarter Net Profit Soars to $199M Associated Press ABB First-Quarter Net Profit Soars to $199M 04.28.2005, 11:53 AM The Swiss-Swedish engineering company ABB Ltd.via
Mortgage lender running out of cash, options (MSNBC) Shares of American Home Mortgage Investment Corp. plunged 90 percent Tuesday after the company raised fears it may become insolvent, renewing concern about worsening credit quality in the mortgage market
Banco Santander to acquire British mortgage lender (International Herald Tribune) The Spanish bank said it would buy Alliance & Leicester, a struggling British mortgage bank, for about $2.6 billion.read more...
Mortgage Giants Avert Potential Disaster A potential financial disaster that could have shaken the housing market was averted because regulators discovered accounting failures at Fannie Mae and Freddie Mac, the new head of the agency