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Lennar 1Q Profit Falls on Soft Market  Lennar Corp. became the latest victim Tuesday, with a 73 percent plunge in first-quarter earnings and predictions that it is going to fall short of 2007 earnings goals.Commentread more...


How to become a mortgage bond originator (Independent Online)  Mortgage bond originators source banks that best suits the property buyer's needs. Sarah Jane Bosch spoke to Mandy Ross to find out more about the profession.read more...


Halifax raises mortgage rates despite Brown's banking summit (Independent)   Halifax, Britain's biggest mortgage lender, has inc-reased mortgage rates des-pite yesterday's £15bn liquidity injection by the Bank of England and the Prime Minister's assurance that the authorities will act


Voting Members Have Final Responsibility  read more...


Japan's Nikkei and Topix May Slip on Concerns Over BOJ's Monetary Policy  March 3 -- Japan's stocks may slip on speculation the Bank of Japan is preparing to end its policy of holding interest rates near zero.read more...


Nearly 1,300 Poinciana Villages Area Homeowners Face Foreclosure  POINCIANA | The mortgage troubles that have hit the housing industry hard across the country are having a heavy impact on this community, which has been one of the fastest-growing

February 21st, 2007

Two years in prison for mortgage fraud (The Cincinnati Enquirer)

Troy S. Clements, former operator of a Springdale mortgage firm, was sentenced to 24 months in prison for his role in defrauding mortgage lenders out of $2.3 million.

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