Olathe man is charged in mortgage fraud (BizJournals)
An Olathe man stands accused of receiving $1.5 million in mortgage loans that were made on appraisals he allegedly falsified, federal prosecutors in Kansas said Thursday.
read more…
Biggest US bank failure yet to come, says former IMF economist Mumbai: A large US bank is expected to fail in the next few months as the worst of the global financial crisis unfolds, pushing the world's biggest economy deeper into
Role in mortgage fraud scheme brings 18-month sentence (South Bend Tribune) SOUTH BEND -- A man who assisted a former South Bend police officer in a mortgage fraud scheme was sentenced today to 18 months in prison on his guilty plea
First Horizon sells mortgage business to MetLife First Horizon National Corp. subsidiary First Tennessee Bank National Association is selling a portion of its residential mortgage origination and servicing business to MetLife Bank N.A., a subsidiary of ...read
House prices driving British wealth "Housing has played an important part in increasing wealth, but there has also been a significant rise in the value of investments in financial assets in the last 10 years."
Not the Hottest Summer in 100 Years? "Stop the radio commercials. Change the advertisement slogans in the stores." Marketing managers of summer products companies, who were preparing for large-scale promotion events banking on heat waves this ...via
Obama, Durbin propose federal mortgage reforms Sen. Barack Obama proposed a sweeping set of federal reforms Tuesday to combat mortgage fraud, ratcheting up enforcement and creating a national database of brokers who have been disciplined.read more...