Mortgage and Financial News From 2007-9-22 Page 5
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Wary buyers drop plans for moving house
Guardian Unlimited - Northern Rock has put up its mortgage rates to a level which effectively says it doesn't want any more business and Abbey, like Northern Rock, is prepared to lend up to five times salary.' Other lenders were last week withdrawing mortgages that ...
2007-09-22 03:50:00 -
Don’t gamble with interest rates
Edmond Sun - Any attempt at predicting home mortgage rates is little more than educated speculation. It’s much easier to land an airplane — which any pilot will tell you is simply a controlled crash — than it is to predict where interest rates will land on ...
2007-09-22 01:13:00 -
Hawaii mortgage rates lower this week
MSN MoneyCentral - Hawaii's three largest banks offered 30-year fixed-rate mortgages below 6 percent this week. First Hawaiian Bank, Bank of Hawaii and American Savings Bank all offered rates of 5.875, according to data released by the Honolulu Board of Realtors on ...
2007-09-21 04:13:00 -
Ben Bernanke’s ‘too much, too soon’ made him hero
Times Online - ... were watching lines of panicked depositors forming at Northern Rock branches, demanding their money; some mortgage-related institutions were already in bankruptcy or on the brink of it; and next year’s rise in teasingly low initial mortgage rates ...
2007-09-22 05:30:00 -
How to gain if rates start to drop
Times Online - Even though a rate cut could still be some months off, investors are being urged to prepare their portfolio for lower rates - and borrowers are being advised to reassess their mortgage deals. Hopes that the next move will be down have been boosted by ...
2007-09-22 05:16:00 -
Change government
Miami Herald - The media have reported on mortgage fraud in Miami-Dade and Broward. Are the county tax appraisers equipped to weed out these bogus sales? Or is it left to taxpayers to hire property-tax consultants from South Florida's booming industry? ANTHONY R ...
2007-09-21 11:58:00 -
Vashon's Irons pleads guilty in fraud case
St. Louis Post-Dispatch - Floyd Irons, left, leaves the Federal Courthouse Thursday afternoon with his lawyer Richard Sindel after pleading guilty to wire and mail fraud charges in connection with a million dollar mortgage fraud scheme. (J. B. Forbes/P-D) Former Vashon High ...
2007-09-19 05:55:00 -
Former fugitive Weaver wins a new murder trial
Minneapolis Star Tribune - 'No snitch' T-shirts get unwelcome response Former fugitive Weaver wins a new murder trial Three are charged in home-resale case Ohio woman says she lent her name to mortgage fraud Man, 26, charged in rape of 12-year-old girl A White Bear Lake man ...
2007-09-19 05:55:00 -
Three charged in alleged mortgage fraud
KSTP - MINNEAPOLIS (AP) - Hennepin County prosecutors have charged three people with racketeering and theft in connection with an alleged mortgage fraud scheme in the southwestern suburbs. The County Attorney's Office says the suspects worked together to ...
2007-09-20 11:21:00 -
Organizer of Massive Mortgage Fraud Scheme Sentenced to 28 Years in ...
Forbes - ATLANTA, Sept. 21 /PRNewswire-USNewswire/ -- Phillip E. Hill, 51, of Sumatra, Florida, was sentenced today to serve 28 years in prison by United States District Judge Thomas W. Thrash Jr., for perpetrating a massive mortgage fraud scheme that ...
2007-09-21 05:24:00 -
Raid on mortgage company in fraud probe (The Union)
Law enforcement agents seized documents Friday from the office of a Grass Valley mortgage company after an eight-month investigation identified suspicious real-estate loans and investments.
2007-09-22 01:42:02 -
Organizer of Massive Mortgage Fraud Scheme Sentenced to 28 Years in Federal Prison (PR Newswire via Yahoo! News)
Phillip E. Hill, 51, of Sumatra, Florida, was sentenced today to serve 28 years in prison by United States District Judge Thomas W. Thrash Jr., for perpetrating a massive mortgage fraud scheme that targeted the metro Atlanta housing and condo market from 2000 through 2003.
2007-09-21 05:28:00 -
Doctor jailed for mortgage fraud (Croydon Guardian)
A newly-qualified doctor has been jailed for 27 months for attempting to carry out a £1million mortgage fraud. Abid Haider, 27, paid £16,000 for false identity documents he found on the internet to apply for loans across Britain.
2007-09-22 11:59:25 -
UAW, GM near health deal
Detroit Free Press - And those decisions... drop/reduce incoming tariffs on foreign products, open up the U.S. for any and all domestic/foreign companies to send their product in. The End Result.... They want YOU to be the CONSUMER, take on more mortgage debt (the ...
2007-09-22 02:39:00 -
County job growth slows in August
Santa Rosa Press Democrat - As a result, real estate agents continue to hang up their licenses and mortgage companies have cut jobs or closed their doors. The real estate downturn has contributed to the increase in county workers looking for jobs. Growth in the labor force has ...
2007-09-22 01:20:00