Mortgage and Financial News From 2007-10-18 Page 4

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  • Blog: Only one person has qualified for mortgage refinancing fund (Newsday)

    When the state’s Keep the Dream $100 million refinancing fund started six weeks ago, officials expected to rescue 500 to 700 at-risk borrowers from the mortgage subprime catastrophe.
    2007-10-18 09:14:14

  • MoneyGram is unlikely subprime mortgage casualty (Minneapolis-St. Paul Star Tribune)

    During the past three years, MoneyGram International Inc. became a Wall Street darling by providing fast, reliable money transfer services to millions of people all over the globe, from Albania to the Cayman Islands. But the fast-growing company, which saw its sales jump 40 percent between 2004 and 2006, disclosed late Wednesday that it is the latest casualty of the subprime mortgage crisis that ...
    2007-10-18 07:37:15

  • Treasury Secretary Calls U.S. Mortgage Crisis Biggest Economic Threat (Multi-Housing News)

    Washington -- Treasury Secretary Henry M. Paulson Jr. yesterday asked for Congress and mortgage companies to help correct the current U.S. mortgage crisis, calling it "the most significant current risk to our economy," the Baltimore Sun reported Wednesday.
    2007-10-18 01:08:40

  • Oahu homeowners keep up on mortgages

    Honolulu Star-Bulletin - Even those Hawaii residents who used creative financing and are facing mortgage resets might find that they are better off than their mainland counterparts, said Stephen Higa, a mortgage broker with Point Financial. "People's property values here are ...
    2007-10-18 10:04:00

  • Mortgage bankers, brokers square off on legislation to combat abusive ...

    CNBC - Whether they're going to obtain a loan from a bank loan officer or an independent broker, the standards ought to be the same." Right now, he said, it's far too easy for scam artists to close up shop in one state and move to another. The mortgage ...
    2007-10-18 01:39:00

  • Predatory loans, forclosures raise concern

    Traverse City Record-Eagle - LANSING -- Third-party loan originators are under heightened scrutiny in Michigan as predatory lending practices and resulting housing foreclosures threaten the stability of communities. A third-party originator is a mortgage broker who matches ...
    2007-10-18 06:30:00

  • Wilkes Assistant's Testimony: He Was Not Motivated By Greed

    San Diego Channel - New York-based mortgage broker John Michael is awaiting trial on charges of obstruction of justice, accused of attempting to influence and impede a grand jury investigation. He's accused of providing false and misleading testimony regarding Wilkes ...
    2007-10-18 02:15:00

  • Stillwater man accused of groping 16-year-old girl

    Pioneer Press - A high-profile Stillwater mortgage broker has been charged with plying a 16-year-old girl with alcohol and then sexually assaulting her. Michael James Bergum, 35, faces a count of third-degree criminal sexual conduct, a felony, and a count of ...
    2007-10-18 01:46:00

  • Suncorp takes a shine to India

    Australian IT - As part of the revamp, 270 customer-facing jobs will be created over three years to support a $50 million investment in Suncorp branches in Australia's two fastest growing economies, Queensland and Western Australia, and mortgage broker expansion ...
    2007-10-18 04:09:00

  • Mortgage Exec at Center of NYC Probe (AP via Yahoo! Finance)

    A mortgage broker and part-time political donor is the focus of a widening probe into a scheme to defraud mortgage applicants -- including some who may have bought houses without knowing it.
    2007-10-18 06:27:44

  • Attacking Home Foreclosures by J. Bell

    27 First News - The rising tide of home mortgage foreclosures. State officials came to Youngstown to help organize a solution. Thursday ... individuals if we have seminars, conferences, and invite people that are in trouble to come down and get free legal advice ...
    2007-10-18 03:41:00

  • U.K.'s Alliance & Leicester Installs NCR Intelligent Deposit ATMs in ...

    MSN MoneyCentral - This frees up our highly experienced staff to meet customer demand for specialist advice on a wide range of mortgage, savings and insurance products." NCR research shows that its Intelligent Deposit feature can reduce queuing at the teller by ...
    2007-10-18 04:49:00

  • Schwab Declares Regular Quarterly Dividend

    Forbes - ... investment services and products including an extensive selection of mutual funds; financial planning and investment advice ... The Charles Schwab Bank, N.A. (member FDIC) provides banking and mortgage services and products. CyberTrader(R), Inc. (member ...
    2007-10-18 02:51:00

  • Stock Screen: 21 Smart Growth Plays

    BusinessWeek - ... Oracle's exposure to customers within the financial services sector, which may have been impacted by weakness in the mortgage ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...
    2007-10-18 04:24:00

  • Ulmer & Berne LLP, CB Richard Ellis and Inside Business to Host 8th ...

    Forbes - CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and ...
    2007-10-18 09:00:00

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