Schumer Seeks IndyMac Scrutiny
Sen. Schumer is urging federal regulators to monitor more closely the financial health of mortgage lender IndyMac Bancorp, citing concerns about risks to taxpayers and borrowers.
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Mortgage ads under FTC scrutiny (Pittsburgh Post-Gazette) The Federal Trade Commission has issued a warning about "potentially deceptive" advertisements for low-cost mortgages, saying consumers could be duped and mortgage companies might be breaking the ...read more...
Eleven indicted in straw buyer mortgage scheme (Reuters via Yahoo! News) Eleven people accused of participating in a $14 million mortgage fraud scheme were indicted in Federal court in Brooklyn on Wednesday, the U.S. attorney's office said.read more...
On Loudoun's Horizon, a Taste of Opulence Think cathedral ceilings, marble countertops and a back door that opens to a golf course represent the ultimate in luxury living? read more...
Home is where the holiday lights are Those who enjoy driving around looking at colorful Christmas lights each holiday season will have no shortage of opportunities in Chicago Heights this year.read more...
Fitch Affirms 8 & Downgrades 7 RMBS Classes From 3 CDC Mortgage Capital Trust Issues (Business Wire via Yahoo! Finance) NEW YORK----Fitch has taken rating actions on the following CDC mortgage pass-through certificates:read more...
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