* You are viewing the archive for October 3rd, 2008

Los Angeles Developer Sentenced to 14 Years for Mortgage Fraud - Bloomberg

Los Angeles Developer Sentenced to 14 Years for Mortgage Fraud
Bloomberg -5 hours ago
Fitzgerald and the co-conspirators obtained inflated mortgage loans on homes in Beverly Hills, Malibu and other wealthy communities in Southern California,
SoCal developer gets 14 years for mortgage fraudSan Jose Mercury News
Mastermind in one of California's largest real estate scams gets Los Angeles Times
Leader of Calif. mortgage scam sentencedUnited Press International
all 23 news articles

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Buy-to-let landlords thirsty for mortgages as market dries up - Telegraph.co.uk


Daily Mail
Buy-to-let landlords thirsty for mortgages as market dries up
Telegraph.co.uk, United Kingdom -9 hours ago
By Rosie Murray-West The bank was Britain's largest buy-to-let mortgage provider, and its closure has pushed up the price of mortgage deals for investors.
Halifax slashes mortgage range and raises ratesTimes Online
Choice is narrower for the buy-to-let landlordScotsman
More doors slam on buy-to-let lendingFinancial Times
This is London - The Mortgage Provider Online
all 72 news articles

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Bradford & Bingley Death of a one-trick pony - Economist


Economist
Bradford & Bingley Death of a one-trick pony
Economist, UK -9 hours ago
UNLIKE the botched nationalisation in February of Northern Rock, a troubled mortgage lender, or the forced monster merger—which could still come unstuck—of
Bank turmoil sees many UK mortgage products vanishReuters
Lenders hike rates to stem surge in buy-to-let applicationsTimes Online
Regulators approve UK bank rescueInternational Herald Tribune
World Socialist Web Site - Sky News
all 2,056 news articles

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State Discount Mortgage Unit Moves to Increase Interest Rate - New York Times

State Discount Mortgage Unit Moves to Increase Interest Rate
New York Times, United States -9 hours ago
By PATRICK McGEEHAN Squeezed by the tightening credit markets, a New York State agency that provides subsidized mortgages to first-time home buyers stopped

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Father, son, mortgage broker indicted for fraud - Bizjournals.com

Father, son, mortgage broker indicted for fraud
Bizjournals.com, NC -6 hours ago
A father, his son and a mortgage broker, were indicted Thursday on bank, wire and mail fraud charges involving the multi-million dollar sale of 12 local
Three indicted in mortgage fraud scheme Bill Raack, KWMU ST. LOUIS KWMU
Feds indict three for local ortgage fraud schemeSt. Louis Post-Dispatch
all 8 news articles

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New FHA Reverse Mortgage Lending Limit Reinforces Need for Greater … - MarketWatch

New FHA Reverse Mortgage Lending Limit Reinforces Need for Greater
MarketWatch -9 hours ago
The new lending limit will also make reverse mortgages a viable option for many homeowners previously excluded from the market by the current economic

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Buy To Let Mortgages and Lenders Posted By : Chris Channing

Established individuals may be interested in a Buy to Let mortgage solution. Many banks and lenders will allow for this kind of mortgage even though it is not regulated by the Financial Services Authority.

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Unable To Refinance A ARM Home Loan? An Adjustable Mortgage Loan Modification Can Save Your Home Posted By : Darin Sewell

During the recent housing boom the adjustable interest rate mortgage with its low rates was an attractive option for many home owners across the country. Regrettably those same low rates are now starting to reset and are often times leading to difficult to pay mortgage payments for the borrowers that used these mortgages to get their homes

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Wis. housing agency stops making mortgage loans - Chicago Tribune

Wis. housing agency stops making mortgage loans
Chicago Tribune, United States -4 hours ago
AP MILWAUKEE - Wisconsin's affordable-housing agency says it is having a hard time raising money for mortgages and has stopped making the loans.

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MBIA sues US mortgage lender - Financial Times

MBIA sues US mortgage lender
Financial Times, UK -1 hour ago
By Saskia Scholtes in New York MBIA Insurance is suing Countrywide Financial, alleging that the mortgage lender fraudulently induced MBIA to guarantee
MBIA unit sues Countrywide units over securitizationsMarketWatch
all 6 news articles

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