Mortgage and Financial News From 2008-9-4 Page 5
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Mortgages: More Than Just a 'dead pledge' - Best Syndication
Most people in the UK are familiar with the word mortgage; but how many know exactly what the word means and how mortgages work? The word mortgage is derived from the French language and literally means “dead pledge”. It was based on the fact ...
2008-09-03 09:56:00 -
In print: Stories in today's print and e-edition September 4 (Marshall Democrat-News)
On page 2: "Smart Money" columnist Bruce Williams answers letters on mortgage budgeting, how to obtain a copy of a will and transfer stock ownership. Troy Maupin has been recognized for excellent customer service by JD Power and Associates.
2008-09-04 12:57:36 -
Craig Overlander to Join Wachovia Securities as Global Head of Fixed Income (PR Newswire via Yahoo! Finance)
Wachovia Securities announced today that Craig Overlander will join the firm as managing director and global head of Fixed Income, beginning Sept. 15. Overlander will report to Ben Williams, head of Global Markets and Investment Banking and will be based jointly in Charlotte and New York City.
2008-09-04 01:00:00 -
UPDATE: Court: Bankruptcy Provision Violates Free Speech (Nasdaq)
(Updates with legal analysis in last two paragraphs.) WASHINGTON -(Dow Jones)- A federal appeals court in St. Louis ruled Thursday that a provision of a sweeping 2005 federal bankruptcy-reform law violates the free-speech rights of lawyers.
2008-09-04 03:37:15 -
Calypso Bay on shaky ground (The Union Democrat)
Developers of Calypso Bay on the shores of Lake Tulloch in Copperopolis left an ocean of debt, shoddy workmanship and phony occupancy permits in their wake when they moved to the Sacramento area to do more of the same.
2008-09-04 04:03:00 -
Best Quotes of August 2008 (GoldSeek.com)
Gene Arensberg, Resource Investor Everyone can look at the data and form their own conclusions.
2008-09-04 04:14:04 -
Investment Advice (The Victoria Advocate)
Should You Prepay Mortgage or Invest? If you’re fortunate enough to have some disposable income lying around, you might want to use it to advance your long-term financial goals. If so, you can choose among many different options.
2008-09-04 04:39:04 -
Weary's family pin hopes on old mail - News.com.au
A LAST-ditch legal bid has been made to save a family farm owned by the children of Australian war hero Sir Edward "Weary" Dunlop. A pile of unopened mail, enough to fill a wheelie bin, forms part of a move to have a warrant of possession on the farm ...
2008-09-04 07:03:00 -
Two charged with fraud in auction-rate case - Los Angeles Times
NEW YORK -- Two former Wall Street brokers fraudulently sold more than $1 billion of mortgage-backed securities in recent years by hiding their subprime connection, federal authorities said Wednesday. The former brokers, Julian T. Tzolov and Eric S ...
2008-09-04 01:26:00 -
MORTGAGE FORECLOSURE PLOT: Lawyer Pleads Guilty in Metropolitan Money ... - Washington Post
A lawyer who was charged with participating in the Metropolitan Money Store mortgage foreclosure scheme pleaded guilty yesterday to conspiracy to commit mail and wire fraud, the U.S. attorney's office in Maryland said. Richard Allison, 37, was doing ...
2008-09-03 10:42:00 -
Jericho attorney pleads not guilty to fraud charges - Newsday
A Jericho attorney surrendered yesterday to FBI agents on charges that he had defrauded more than a dozen clients, many of them also longtime friends, of $5 million. Stuart Moshell pleaded not guilty in U.S. District Court in Central Islip to ...
2008-09-04 12:29:00 -
Top 5 States for Mortgage Fraud - US News and World Report
As shown in Table 1 below, Florida owns the top spot as the state with the most properties with material misrepresentation submitted by MARI subscribers for loans originated during the first quarter of 2008. Twenty-four percent of all incidents ...
2008-09-02 12:06:00 -
Former Credit Suisse brokers accused of securities fraud - International Herald Tribune
The broker said the securities were as safe as cash. After all, he claimed, the outfit that issued them, Glacier Education Loan, bought student loans guaranteed by the U.S. government. The problem: there is no such thing as Glacier Education Loan ...
2008-09-03 11:32:00 -
O.C. 7th riskiest place to make home loan (Orange County Register)
Orange County rises 2 slots to No. 7 in national ranking of riskiest places to issue mortgage.
2008-09-04 09:28:09 -
Designing solutions for problems of 'predatory lending' first requires understanding when it exists (PhysOrg)
There is not a universally accepted definition of predatory lending by policy makers, regulators or people involved in the mortgage business. Predatory lending has been equated to mortgage abuse, mortgage fraud, loans with hidden prepayment penalties or even the legally acceptable loans that simply offer higher interest rates, or any other unethical practices in a mortgage transaction.
2008-09-04 09:41:12