German Fund Stops Payouts, Citing Mortgage Market Unease (New York Times)
WestLB Mellon Asset Management suspended redemptions of an asset-backed securities fund amid investor concern about the problems in the subprime mortgage market.
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Sierra Leone: Mortgage & Saving Salone Holds Professional Seminars (AllAfrica.com) Mortgage finance institution, HFC mortgage and saving Sierra Leone limited Saturday held a seminar for professionals involved in the development of residential property.read more...
Former exec sentenced to 20 years on fraud conspiracy charge The former chief executive of a home construction firm was sentenced Friday to 20 years in prison on a federal charge of conspiracy to commit wire fraud.read more...
Mortgage bill heads into House with momentum (The Columbus Dispatch) Whether Ohioans are to gain more protection against fraud when they refinance a mortgage or buy a house depends largely on what the Ohio House does in the next three
Legal Claims Proliferate From Mortgage Meltdown (Law.com) As fallout from the collapse of the high-risk mortgage industry continues, the types of legal claims stemming from the scandal are beginning to take shape. Shareholders in bankrupt mortgage lending
Former Officer Charged with Soliciting Teen read more...
Nascar drivers spending power It doesn't matter how high their insurance premiums are. They can afford it more than the average driver.read more...