Types Of Bankruptcy

Bear Stearns, JPMorgan Hire for Japan Mortgage Bonds (Update1) (Bloomberg.com)  U.S. Sept. 14 (Bloomberg) -- Bear Stearns Cos. the top underwriter of mortgage-backed debt in the U.S., and JPMorgan Chase & Co. are hiring in Japan, as a government lender


FBI starts Nevada mortgage-fraud task force (Reuters via Yahoo! News)   The FBI has started a mortgage-fraud task force in southern Nevada to combat what the agency said was a "significant crime problem" in the top U.S. state for investor-owned


Mortgage insurers feel pinch (The Santa Rosa Press Democrat)  WASHINGTON -- Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.read more...


U.S. mortgage rates up in latest week; 30-year 6.23% (Market Watch)  CHICAGO (MarketWatch) -- U.S. mortgage rates jumped in the week ending Thursday, with the national average rate on the benchmark 30-year loan climbing to 6.23% from 6.12% a week earlier,


Get a $150,000 Mortgage for $688/Mo (CyberSignal)  Home Equity and Mortgage Loans - E-LOAN Online lender offers home equity loans, cash out refinancing, mortgages, and auto loans at low rates. Fill out a simple application. Approval in


Pending Home Sales Drop Slightly  "However, the combination of recent fiscal stimulus enactment and the lagged impact of monetary policy will help jump start the economy in the second half." Pending home sales fell

July 8th, 2007

Credit-score revamp won’t halt mortgage fraud, experts say (Market Watch)

WASHINGTON (MarketWatch)—Steps being taken to prevent borrowers from “piggybacking” on someone else’s credit records won’t stop the practice, at least not right away, according to some mortgage market professionals. And even when it does, they worry other schemes to defraud lenders are likely to take its place.

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