Obama blasts McCain’s mortgage plan (Denver Post)
Barack Obama told a campaign audience Thursday that John McCain’s mortgage plan would cost taxpayers billions of dollars and reward bad behavior by lenders.
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Mortgage Broker Indicted in Fraud Scheme A mortgage broker who worked in Hinds and Rankin counties is facing a thirteen count indictment.read more...
Six charged in mortgage scheme (Miami Herald) Alberta police charged six people accused of defrauding 22 lenders including Genworth Financial Inc. and Canada Mortgage & Housing Corp. of C$30 million ($25.6 million) for financing properties in the
Need Fannie Mae, Freddie Mac Regulation WASHINGTON Federal Reserve Chairman Ben Bernanke urged Congress on Tuesday to bolster regulation of mortgage giants Fannie Mae and Freddie Mac, and suggested limiting their massive holdings to guard against
Small firms' brokers have more complaints (Reg Req'd) Some of the brokers at Charles Gallamore's Southwest Texas Capital have drawn multiple complaints in their careers, but none happened while at his firm.read more...
Housing Pain Spreads "I would say that the Florida real estate market, by every indication, will remain tough for at least another year" The meltdown in the U.S. housing market keeps burning
Housebuiilder Earnings Mount Housebuilder Redrow beat profits as it outlined its strategy for further growth as the once red-hot housing market continues to ease.read more...