Mortgage and Financial News From 2007-8-29 Page 8

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  • Where to get fair financial advice (BBC News)

    How to go about finding a professional, independent, financial adviser.
    2007-08-28 11:21:35

  • Mortgage crisis hits home (North County Journal)

    A year ago, Cheryl Trueblood and her family were trapped in the mortgage crisis that is still gripping thousands of homeowners in North County and millions nationwide.
    2007-08-29 03:55:21

  • Amid the Mortgage Defaults, America's Day of Reckoning (YaleGlobal Online)

    The pessimists who have long forecasted that America's economy was in for trouble finally seem to be coming into their own. Of course, there is no glee in seeing stock prices tumble as a result of soaring mortgage defaults.
    2007-08-29 03:31:51

  • Woman Sentenced To Prison For Identity Theft

    Hartford Courant - A former mortgage broker who used a client's identity to buy herself a $400,000 house in a plum Manchester neighborhood is headed to prison after her conviction today of identity theft and forgery. A judge in Hartford Superior Court sentenced Elsa ...
    2007-08-29 12:10:00

  • Brokers association sets up mortgage hotline

    North County Times - There's a lot of people who really need help," said Victoria Johnson, a Del Mar mortgage broker who is coordinating the hotline for the San Diego North County chapter of the California Association of Mortgage Brokers, during a telephone interview ...
    2007-08-28 12:54:00

  • PA Banking Secretary Calls for Increased Regulation of Mortgage ...

    Earthtimes - The Department of Banking encourages prospective homeowners to thoroughly research a company or broker before obtaining a mortgage. Consumers can search for Pennsylvania-licensed companies at HYPERLINK " http://www.banking.state.pa.us/ " http://www ...
    2007-08-29 01:25:00

  • Broker Action For Wednesday, Aug. 29

    Forbes - It's another hard day for Bear Stearns . A CIBC World Markets analyst downgraded the investment bank from "sector outperform" to "sector perform," saying expectations for the bank's profit are too optimistic in light of recent mortgage market turmoil ...
    2007-08-29 04:09:00

  • Group takes shareholding in Mortgage People Ltd

    Scoop - Mortgage People is a well-established mortgage broker business that operates primarily in the bank market. "We have known the management of Mortgage People for many years and have watched them build a solid brand and reputation with their customers as ...
    2007-08-29 02:26:00

  • Mortgages & homes - Mortgage features

    This is Money - Ray Boulger of mortgage broker John Charcol says: 'Borrowers know where they stand with a tracker as they have agreed the margin over or under the base rate at the outset. With a discount you are in the hands of the lender which could raise its SVR ...
    2007-08-29 10:40:00

  • Mortgage broker sentenced in money-laundering case

    Seattle Times - A Seattle mortgage broker was sentenced to 18 months in federal prison Tuesday for forging documents that helped several convicted drug dealers buy homes and property with drug money. Todd Love, 50, pleaded guilty last year to conspiracy to engage in ...
    2007-08-29 07:19:00

  • Broker sentenced in money laundering case

    Seattle Post Intelligencer - A West Seattle mortgage broker caught up in a major drug investigation was sentenced to 18 months in prison Tuesday. Last year, Todd Love, 50, pleaded guilty in federal court to a charge of conspiracy to engage in money laundering. He admitted ...
    2007-08-29 04:52:00

  • Group takes shareholding in Mortgage People Ltd (Scoop.co.nz)

    G&S Investments Ltd has taken a one third shareholding in Mortgage People Ltd. G&S, a private company owned by interests associated with Glenn Hawkins and Stephen Eltringham, also owns 100% of Avanti Finance and Think Finance.
    2007-08-29 02:40:03

  • Johnson helps make sense of today’s mortgage market (Redding Pilot)

    It has been hard to read a business page or listen to a business report on TV or radio over the last month without seeing or hearing something about the “troubled mortgage market.”
    2007-08-29 02:12:45

  • How to Shop for a Mortgage Today (14 WFIE Evansville)

    Mortgage lenders have reined in their underwriting rules for borrowers with less-than-perfect credit and for those seeking nontraditional loans that require a low initial payment or little verification of income. Buyers stretching to afford their first home will be hit hardest.
    2007-08-29 03:57:00

  • Broker sentenced in money laundering case (Seattle Post-Intelligencer)

    A West Seattle broker was sentenced to 18 months in prison for money laundering.
    2007-08-29 05:07:59

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