Congress has done little to ease mortgage mess (Atlanta Journal-Constitution) With home prices falling and foreclosures rising last year, Congress held dozens of hearings into the nation's mortgage crisis. But it failed to pass any significant legislation to tighten lending
Mortgage Fraud Arrests At least 5 people have been arrested in connection with an ongoing mortage fraud investigation being coordinated by state and local law enforcement.via
Bush Vows to Veto a Mortgage Relief Bill (NYTimes.com via Yahoo! Finance) President Bush sided with banks and mortgage lenders on Tuesday, threatening to veto a bill being offered by Senate Democrats.read more...
2nd man pleads guilty in Provo mortgage scam (Deseret Morning News) A second man has admitted his role in a multimillion-dollar mortgage-fraud scheme that grossly inflated home values in an upscale Provo neighborhood.read more...
Mitchell: No Comment Over Fund For Mortgage (FOX 11 Green Bay) A spokesman for the McCann family has refused to comment on allegations they used some of the Madeleine fund to pay their mortgage.read more...
HBOS mortgage share hit by pricing error (FT.com via Yahoo! News) HBOS, the UK's biggest mortgage lender, has suffered a dramatic loss in its share of the mortgage market at a time when housing has been booming.read more...
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