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6 plead not guilty to mortgage fraud (Deseret Morning News)  Six people indicted in what prosecutors say is an $18 million mortgage fraud scheme have pleaded not guilty to federal charges.read more...


Home Loan Activity Flat in March  Home loan activity continued flatlining in late March, a trade association said Wednesday.read more...


Money transfer delay means lost interest  Moving money between accounts may take time, but it's covered by federal regulations and completely legal, says Dr. Don.read more...


State sues mortgage company, claiming recruitment violations (Connecticut Post)  Connecticut is suing a Nevada-based residential mortgage financing company, claiming its Milford office raided a competitor's employees and secret documents.read more...


U.S. regulators unveil plan to revamp mortgage rules (Reuters via Yahoo! News)   U.S. financial regulators pledged on Thursday to toughen rules for mortgage brokers, lenders, and credit agencies, to try to restore investor confidence and prevent a recurrence of credit-market problems


Common forms of mortgage fraud (Bankrate.com via Yahoo! Finance)   Whatever the form of fraud, the goal is the same: to obtain a mortgage for which he would not legitimately qualify.read more...

June 30th, 2005

GE calls Edwards products key to market share

A spokesman for General Electric said Thursday that the company will continue working toward a smooth staff integration at the facility formerly known as Edwards Systems Technology.

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