Mortgage brokers struggle to survive industry collapse (BizJournals)
As the mortgage industry continues to roil, local mortgage firms are struggling to stay afloat.
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Bank's Ex-VP Indicted For Embezzlement, Fraud The former vice president of a Wells Fargo bank in Lakeville, Minn. was indicted Tuesday by a federal grand jury on charges he embezzled more than $750,000 from his employer.read
Mom nabbed in hedge fund scam The mother of the 21-year-old New York University student already jailed on bank fraud charges was arrested yesterday morning and both were charged with wire fraud after wealthy investors put
More States Restrict New Century New Century Financial Corp., the beleaguered home lender to people with weak credit, said Monday it has received cease-and-desist orders from more states, restraining the company from taking new applications
Handling Mortgage Crisis (The Post-Standard) Washington - The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are working out a proposal to temporarily freeze interest rates on certain troubled
FBI begins inquiry into mortgage firm (The West Australian) The FBI has begun a criminal inquiry into the largest US mortgage lender, Countrywide Financial Corp, for suspected securities fraud as part of investigations into the mortgage crisis, The New
Foes seek repeal of lending program Opponents of a controversial state program intended to rein in predatory lending want to go further than the suspension ordered by Gov.Commentread more...