Regulators’ subprime mortgage cases (AP via Yahoo! News)
State regulators and cities that have filed cases or disclosed investigations targeting Wall Street firms’ roles in the subprime mortgage market:
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Man pleads guilty in mortgage foreclosure scam A Rochester man has admitted he took part in a plan to defraud banks through a mortgage foreclosure scam.read more...
Polk Unemployment Rate for May Is Up 14% In One-Month Period read more...
Mortgage scheme nets disbarred lawyer 3½ years in jail (CBC) A disbarred lawyer has been sentenced to 3½ years behind bars for his part in a multimillion-dollar mortgage scheme, according to newspaper reports.read more...
Ask AP: Mortgage insurance, taxing Social Security benefits (The Charlotte Observer) It sounds like a foolproof system for lending institutions: When someone's house is mortgaged to the hilt, the borrower has to get mortgage insurance, protecting the lender in the event
Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Budget Tensions Blow Up in Rail Debate TALLAHASSEE | A showdown over the future of a commuter rail system for Orlando became a symbol for the state's fiscal crisis Wednesday as lawmakers scrapped over a choice between