China to launch mortgage-backed securities soon (Reuters via Yahoo! Asia News) BEIJING, Nov 3 (Reuters) - China will soon give the go-ahead for mortgage-backed securities, a senior central bank official said on Thursday, in what would be another milestone in
SACRAMENTO / Stockton man guilty in mortgage scheme (San Francisco Chronicle) A Stockton man pleaded guilty Monday to federal felony charges connected to a subprime mortgage fraud scheme in San Joaquin County, prosecutors said. Iftikhar Ahmad, 36, is the fourth defendant
7 On Your Side Investigates Mortgage Fraud A Bay Area couple almost lost their home in the process, even though they paid their mortgage on time, each month.read more...
Harris Nesbitt analyst launches coverage of specialty finance sector with a negative outlook Harris Nesbitt analyst David Chiaverini said in a Dec. 5 note that he launched coverage of the specialty finance sector with a negative industry rating.read more...
Baytown woman sues over predatory lending Alpha Mortgage USA Inc. and American Home Mortgage Servicing Inc. engaged in a racially targeted predatory lending practice called "reverse redlining," according to a lawsuit filed in federal court by
Mortgage Loans Difficult to Acquire (NPR) The latest scare in the financial markets was set off by worries that the largest U.S. mortgage lender could face bankruptcy. It's getting harder for everyone to get home loans
Three mortgage lending reforms aimed at slowing Maryland’s booming foreclosure rate are now law. One of the bills signed by Gov. Martin O’Malley yesterday would crack down on unscrupulous lenders by creating a new crime of mortgage fraud.
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