Mortgage and Financial News From 2008-2-28 Page 14

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• Should Feds Fix the Housing Market 'Failure'?

  US News and World Report - In recent years, many complaints of seriously shoddy construction and breach of warranty involve mortgage fraud or predatory lending, and appraisal fraud, too, especially if the buyer used the builder's lender.
  2008-02-24 03:57:00

• Siegler proposes an innocence panel

  Houston Chronicle - She also said that as district attorney, she would conduct monthly public meetings, emphasize investigations into major fraud such as mortgage fraud; examine the agency's hiring policies; and establish a division that focuses on fatalities caused by ...
  2008-02-26 03:55:00

• Lawsuit: Countrywide inflated foreclosure costs

  Atlanta Journal Constitution - ... but instead, they wanted someone to hit the number and the facts be ignored... That is why they are tanking and deserve to go under.... Only Ohio and New York are doing anything about this and Georgia has been in the top 5 in Mortgage Fraud in the ...
  2008-02-27 03:46:00

• Interthinx ® Offers Comprehensive Forensic Review Appraisals

  Market Wire - AGOURA HILLS, CA--(Marketwire - February 27, 2008) - Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, announced at the Mortgage Bankers ...
  2008-02-27 05:59:00

• Zaio Responds to Wall Street Journal Article

  Forbes - The FBI and Justice Department report that mortgage fraud and abuses in the appraisal process is the fastest growing crime in America. "The time to fix this national problem is now," stated Inserra.
  2008-02-27 10:24:00

• Madigan: Mortgage Rescue Firm A Fraud

  WBBM - Attorney General Lisa Madigan has reached a settlement agreement with a North Carolina-based business operating a mortgage rescue scheme that, according to her office, falsely promised to help financially distressed homeowners. According to the ...
  2008-02-27 01:52:00

• Wayne County news briefs

  Detroit Free Press - The second segment, which will air March 24-30, will focus on another task force Evans created with Register of Deeds Bernard Youngblood and county Prosecutor Kym Worthy to fight deed and mortgage fraud, according to a news release.
  2008-02-28 07:17:00

• US MBA Mortgage Survey Snapshot

  FXStreet.com - US MBA Mortgage Survey Snapshot WASHINGTON (Dow Jones)--Following is data from the Mortgage Bankers Association of America's ... Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations ...
  2008-02-27 03:50:00

• Realtor OKd by city signed mom up for foreclosed home

  New York Daily News - But property records show that a bank bought the house in November 2006 when the owner defaulted on the mortgage. ... That has been the advice that government officials have been giving to homeowners struggling with subprime mortgages.
  2008-02-27 11:24:00

• Crash course: What we learnt from the 1980s

  The Independent - Even if you just have a bad feeling about the situation, get expert advice. 'This is a downturn – not a recession' The mortgage lender: Mark Boleat:
  2008-02-26 10:07:00

• Mortgage scheme may have driven doctor to violence

  WJRT - Before you sign on the dotted line for a mortgage, the FBI has some advice. First, run a background check on your lenders, and never sign any loan documents that have blanks.
  2008-02-24 03:57:00

• Who gets the biggest mortgage-interest tax break? Wealthy homeowners.

  CNBC - If I buy a home, how much will the mortgage-interest tax break help me? A: ... Her advice for renters considering buying: "You have to look at the numbers always.
  2008-02-26 09:07:00

• Knowledge@W. P. Carey: Prognosis for the Stricken Real Estate Industry

  Forbes - ... and Financial Markets Association discuss the subprime crisis -- Jay Brinkmann, chief economist of the Mortgage ... Indian land -- Conley Wolfswinkel, a controversial Phoenix real estate developer, with perspectives and advice ...
  2008-02-28 04:03:00

• Rescue scams prey on those facing foreclosure

  WOOD - OFIS strongly supports this legislation that would give the agency additional mortgage regulators that will help prevent illegal activity in the mortgage industry. If a homeowner is facing a possible foreclosure and would like professional advice on ...
  2008-02-27 11:10:00

• New York in Double Whammy as Swaps Compound Auctions (Update1)

  Bloomberg - Feb. 28 (Bloomberg) -- Local government officials from New York to Houston who followed the advice of their bankers and ... Then, when a crisis in the subprime mortgage market began to shake investor confidence in September, they started to diverge.
  2008-02-28 05:58:00

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