2 surrender in subprime mortgage collapse case (AP via Yahoo! News) Federal authorities say two former Bear Stearns managers have surrendered in New York City to face criminal charges in the wake of the collapse of the subprime mortgage market.read
Four more suspects charged in 2-county mortgage-fraud ring (The Columbus Dispatch) DELAWARE, Ohio -- Four more people have been charged in Delaware County in a multimillion-dollar mortgage-fraud ring that operated in Franklin and Delaware counties. read more...
Lenders put up mortgage costs (Channel 4) Mortgage lenders have begun putting up the cost of borrowing in response to the latest move by the Bank of England on interest rates. Among the first off the blocks
Freddie Mac pegs quarterly loss at $550 million Freddie Mac, the second-largest buyer of U.S. home mortgages, said Friday it estimates a net loss of $550 million in the third quarter, compared to a profit of $880 million
Doctor jailed for mortgage fraud (Croydon Guardian) A newly-qualified doctor has been jailed for 27 months for attempting to carry out a £1million mortgage fraud. Abid Haider, 27, paid £16,000 for false identity documents he found on
30-year mortgage rates hanging steady at 5.88 % / Adjustable-rate mortgages slipped slightly in the week (San Francisco Chronicle) Rates on 30-year mortgages were unchanged last week, remaining at the highest level since mid-March. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 5.88 percent, unchanged
North Adams + Little hands can make big treats, as children enrolled at two home-based child care centers demonstrated on June 29.
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