Mortgage and Financial News From 2008-1-30 Page 42

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  • Once again, Floyd Irons' trial is put on hold. (Riverfront Times)

    Sentencing of Floyd Irons, the former coach of the Vashon High School boys' basketball team, was delayed for a fourth time earlier this month. Irons, a Vashon graduate and for a time the school's principal, was to be sentenced in federal court January 18 for his role in a mortgage fraud scheme. Sch ...
    2008-01-30 12:05:17

  • FBI investigates mortgage activities (EARTHtimes.org)

    The FBI is investigating 14 companies involved in mortgage-related activities, the bureau said. The FBI did not name the companies, but the bureau has been warning for years that mortgage-related crime, such as accounting fraud, insider trading and violat...
    2008-01-30 12:06:38

  • FBI investigates mortgage activities (Moldova.org)

    The FBI is investigating 14 companies involved in mortgage-related activities, the bureau said.The FBI did not name the companies, but the bureau has been warning for years that mortgage-related crime, such as accounting fraud, insider trading and violations related to questionable loans, has been on the rise, The New York Times reported Wednesday.The FBI. documented 35,600 reports on ...
    2008-01-30 12:08:10

  • Subprime crisis: FBI opens criminal probe into 14 firms (Express India)

    The Federal Bureau of Investigation has opened criminal inquiries into 14 companies...
    2008-01-30 01:05:50

  • News Digest (Argus Observer)

    IDAHO - Obama coming to Idaho to campaign BOISE (AP) — Democratic presidential hopeful Sen. Barack Obama is coming to Boise on Saturday for a public appearance, campaign officials said.
    2008-01-30 01:08:47

  • FBI's subprime crackdown may expand to more firms (Reuters)

    WASHINGTON (Reuters) - The FBI's investigation of 14 corporations in a crackdown on improper subprime lending could expand to other companies, but the complex probes may take some time before any charges are brought, a federal law enforcement official said on Wednesday.
    2008-01-30 01:58:27

  • FBI's subprime crackdown may expand to more firms (KPLC Lake Charles)

    By James Vicini WASHINGTON (Reuters) - The FBI's investigation of 14 corporations in a crackdown on improper subprime lending could expand to other companies, but the complex probes may...
    2008-01-30 02:03:46

  • Hiscox CEO blasts FSA over broker fees

    Guardian Unlimited - ... Bronek Masojada said the FSA, whose light-touch regulatory regime has come under fire since the near-collapse of mortgage bank ... The issue of broker remuneration has been in the spotlight in Europe since regulatory probes in the United States, led by ...
    2008-01-30 06:18:00

  • Garfield County sets real estate record

    Aspen Times - The declining number of sales may be one of the first signs of a softening market, according to area mortgage broker Drew Sakson. “It’s going to get worse before it gets better,” Sakson said. “It’s going to be a long hard road before it gets ...
    2008-01-30 09:17:00

  • UPDATE 1-E*Trade shares jump as insiders snap up stock

    Reuters - E*Trade shares plunged about 80 percent over the last year after the company was hit by losses in its mortgage business. Last week it disclosed details of a "turnaround" plan including cost cuts that should trim expenses by more than $360 million ...
    2008-01-30 08:56:00

  • Suburb's 'shattered dream'

    Chicago Tribune - If you don't have your own lawyer who is truly looking out for your best interest and a mortgage broker who is really explaining things and making sure what you are getting is suitable, you can easily fall into traps. Millions of people have ...
    2008-01-30 10:36:00

  • Diller vs Malone

    The Independent - Mr Diller is already entertaining offers for some parts of the IAC empire, reportedly including Ticketmaster and the LendingTree mortgage broker business, and Mr Malone himself is eyeing the HSN business, which would complement Liberty's QVC. An ...
    2008-01-30 09:39:00

  • Mortgage rates continue to increase

    Channel 4 News - Lenders are continuing to increase their variable mortgage rates, in some cases more than wiping out the impact of December's interest rate cut, it has emerged. Mortgage broker John Charcol said a number of major lenders had increased their tracker ...
    2008-01-30 10:57:00

  • Base Rate cut "worthless" to borrowers - Your Mortgage

    Base Rate cut "worthless" to borrowersYour Mortgage, UK - 3 hours agoLenders are making up for credit crunch losses by increasing the margins on tracker rates, according to mortgage broker John Charcol. ...
    2008-01-30 10:11:06

  • Governor, lawmakers grapple with foreclosure crisis - Annapolis Capital

    Governor, lawmakers grapple with foreclosure crisisAnnapolis Capital, MD - 3 hours agoSeveral of Mr. O'Malley's emergency regulations are aimed at tightening licensing requirements for mortgage brokers. One would require more experience for ...
    2008-01-30 10:17:33

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