Mortgage and Financial News From 2008-6-24 Page 9
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Property summit aims to boost market - This is Stourbridge
STOURBRIDGE estate agents, solicitors and mortgage brokers got together at an emergency property summit to find ways of battling through the housing market slump. The current financial climate has already seen Your Move in the High Street call it a ...
2008-06-23 07:54:00 -
Get advice from experienced house flippers - News-Leader.com
House-flipping reality shows make the process of buying a dud, fixing it up and selling it for a mega-profit seem like an easy way to add thousands to your income. Even with all the bad news about gas prices and the poor housing market, it's still a ...
2008-06-24 12:50:00 -
Two more sentenced in mortgage fraud case - Austin American-Statesman
Two more members of an Austin-based mortgage fraud scheme that investigators say bilked lenders out of millions of dollars were sentenced in Austin federal court today. Silvia Seelig was sentenced to 57 months in federal prison and Leonard Brown was ...
2008-06-23 02:27:00 -
Local residents charged in mortgage-fraud scheme - Triangle Business Journal
Metropolitan Furniture's Oakland plant closure is latest of area layoffs [East Bay] Lending firm emerges from idea of 'Ebay for money' [San Francisco] Wells' 'prudent' lending helps it weather market [San Francisco] Three local residents have been ...
2008-06-23 02:13:00 -
BSO target: Illegal cash (Miami Herald)
Cleaning dirty cash in Broward County is about to get harder as the Broward Sheriff's Office lays out plans this week to ask for more than $300,000 to launch a task force for targeting money launderers.
2008-06-24 12:25:53 -
Restitution OK'd in $20 million scheme (Courier-Post)
A Haddon Heights man, accused of defrauding investors of at least $20 million, agreed to pay restitution Monday as part of a plea agreement, authorities said.
2008-06-24 12:26:40 -
FBI hunt nabs two on fraud charges (The News & Observer)
According to a federal indictment, Kelley Ann Spaulding of Durham and Elizabeth Whitaker Clement of Raleigh had agreed to defraud E-Loan, a Web-based financial services company in California that offers mortgages and loans. On Monday, they pleaded guilty to conspiracy to commit wire fraud.
2008-06-24 12:41:21 -
Local Business Scene: Company News (The Morning Call)
KNBT SHRED DAY DRAWS BUSINESSES, RESIDENTS
2008-06-24 01:11:07 -
Uganda: Police Investigates Meera Investments Over City Plot (AllAfrica.com)
Economic crime detectives are investigating how Meera Investments Limited acquired a prime city plot, in a case that has captured the attention of President Museveni and exposed the mess at the land registry.
2008-06-24 01:55:49 -
COURT DOCKET: Two charged in mortgage case (Livingston County Daily Press & Argus)
Two Livingston County men are charged in federal court in connection with a massive mortgage fraud scheme.
2008-06-24 02:06:46 -
CAGW Names Sen. Dodd Porker of the Month (Centre Daily Times)
Citizens Against Government Waste (CAGW) today named Senate Banking Committee Chairman Christopher Dodd (D-Conn.) its June Porker of the Month for accepting a preferential mortgage deal from a company which stands to benefit from a mortgage bailout bill he is pushing through Congress.
2008-06-24 04:16:11 -
Grant money still available for downpayments - Democrat
Buying a new home can sometimes be a difficult task. Fortunately, a new grant is being introduced that helps applicants purchase newly-built homes. A grant of $25,000 will be given as a down payment to those who desire to buy new homes. Thanks to a ...
2008-06-23 11:53:00 -
B&B shares energised by alternative capital plan - Financial Times
London equities lurched lower on Tuesday, after further bad news on the UK housing market sent housebuilders lower and rising oil prices undermined consumer stocks. The number of home loans issued by high street banks fell to their lowest level in ...
2008-06-24 03:28:00 -
B&B shares surge 16% on Resolution intervention - Times Online
Shares in Bradford & Bingley (B&B) today surged by nearly 16 per cent as shareholders came out in support of investors' plans to inject £400 million into the struggling mortgage lender and put Resolution, the insurance investment vehicle, in charge ...
2008-06-24 02:30:00 -
Consumers warned to get proper home cover - Independent
CONSUMERS would be well advised to review their house insurance, motor insurance, mortgage protection policy and travel insurance requirements on an annual basis (or more often if necessary) to ensure the premiums they pay are competitive. It's very ...
2008-06-24 02:23:00