?Liar loans’ threaten to prolong mortgage crisis (The Kansas City Star)
In the mortgage industry, they are called ?liar loans? ? mortgages approved without requiring proof of the borrower’s income or assets.
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Community Reinvestment Act May Have Deterred Risky Mortgage Lending (Centre Daily Times) A Traiger & Hinckley LLP study of 2006 mortgage loan data suggests that the Community Reinvestment Act, a federal law that requires banks to help serve the credit needs of
M&T Bank reports decreased expenses, rise in other income Sorting... Please wait. Customization Wizard Industry Filters Portfolios MyInteractive E-Mail Alerts Related Articles 1/11/2005 M&T tops fourth-quarter, full-year estimates, guides '05 EPS to $6.60-$6.80 Source ...via
Subprime mortgage crisis spreads to high-end homes (Fortune via Yahoo! Finance) What could the collapse in the subprime mortgage market possibly have to do with whether Dr. Jeffrey and Madeline Stier get full price for their four-bedroom house in the
Labor Talks Break Down Negotiations in a janitors strike of buildings in suburban San Diego broke down June 10 when a scheduled meeting between janitorial contractors and representatives from the Service Employees International ...via
Hamilton County man held in mortgage fraud (The Indianapolis Star) Federal authorities continue to investigate a suspected mortgage fraud ring after the arrest of a man identified Tuesday as the indicted ringleader.read more...
Mortgage crook off to prison (Erie Times-News) Robert L. Dodsworth, the Erie man sentenced to more than six years in prison for his part in a widespread mortgage-fraud scam, starts serving his federal prison sentence today.read more...