Mortgage Bailouts: Who Should Be Helped, and How? A coming wave of foreclosures brings an urgency to figuring out which borrowers can and should be assisted, and what steps ought to be taken to help them. Plus share
State mortgage fraud task force cites four local firms (Crane's Chicago Business) (Crain's) -- An ongoing state crackdown on mortgage fraud found four Chicago-area companies using unlicensed individuals to process loan documents, a violation of state law. The Mortgage Fraud Task Force,
Ahead of the Bell: NY Mortgage Probe (AP via Yahoo! Finance) New York State Attorney General Andrew Cuomo is scheduled to unveil what his office called "a major development in his ongoing investigation of the mortgage industry" at 11 a.m.
Joint Center For Housing Studies Of Harvard University Urges Caution... House prices, numbers of non-occupying home buyers, and home sales all set records in 2004, but higher short-term interest rates and the strongest one-year price appreciation since 1979 are a
Housing slump impacts HSBC mortgage (bizjournals.com via Yahoo! Finance) The U.S. mortgage unit of HSBC Holdings plc said Wednesday that it will close an office with about 600 employees in Carmel, Ind. by June 30, 2008.read more...
Guilt is admitted in mortgage fraud (Los Angeles Times) A Newport Beach man pleaded guilty Monday to fraudulently obtaining mortgage loans resulting in more than $2.7 million in losses to the federal government and commercial lenders.read more...
SOUTH BEND —A South Bend police officer has admitted to a mortgage loan scam that involved 190 houses in the South Bend area and bilked lenders out of hundreds of thousands of dollars.
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