Book Closes on Elaborate Mortgage Fraud Scheme (Law.com) Mortgage fraudster Matthew Cox wrote an unpublished manuscript that Assistant U.S. Attorney Gale McKenzie described as a "blueprint" of his schemes. The only thing missing, she said, was the final
When an Appraisal Just Doesn't Add Up Q: I applied to refinance my mortgage and was told that I would have to have a current appraisal. The lender contacted an appraiser to schedule a time. I paid
Why haven't mortgage rates dropped along with Fed cuts? (The Nashua Telegraph) The Federal Reserve began to slash short-term interest rates almost a year ago. Yet we have higher mortgage rates now than we had then. What gives? ...read more...
Mortgage Bureau launches Infinity products (Mortgage Introducer) The deal is part of Mortgage Bureau (UK)'s premier range and applies to Infinity's near-prime and light products. The incentive is available on all two-year fixed and two-year discounted deals
Britain to unveil $101-billion mortgage plan (The Globe and Mail) Britain will try to ease the effects of a credit crunch on borrowers by unveiling plans on Monday to swap government bonds for banks' riskier mortgage debt
National Bank Laptop With Mortgage Data Stolen From Head Office (Bloomberg.com) Sept. 23 (Bloomberg) -- National Bank of Canada , the country's sixth-biggest lender by assets, said a laptop computer with client information on mortgage loans was stolen from its Montreal
Wells Fargo & Co. ended 2007 with its lowest quarterly profit in six years, dragged down by the declining home values and mortgage mess that’s tormenting most of the banking industry. The San Francisco company said Wednesday that it earned $1.36 billion (41…
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