Mortgage and Financial News From 2007-10-4 Page 21
Previous Day: 2007-10-03
Return to the mortgage news archive home.
-
Mortgage fraud leader convicted
Janesville Gazette - MILWAUKEE-James J. Lytle, a former mortgage broker from Lake Geneva, became the first of potentially many individuals convicted of participating in a mortgage fraud scheme that swindled eight lending companies out of more than $4 million. Lytle, 33 ...
2007-10-03 09:11:00 -
Foreclosure rate still soaring
Palm Beach Post - How much is the mortgage broker getting paid and who is paying him? Predatory loans involve mortgage brokers who put you in the loan that makes them the most money, not the loan that is best for you. Or a broker will sell you a loan that has a higher ...
2007-10-04 01:10:00 -
Broker downgrades Packer-backed Challenger
News.com.au - The broker also likes the growth prospects for the funds management division and believes Challenger will reap synergies from several recent acquisitions in the mortgage aggregation space. ”The three-year outlook for Challenger remains strong ...
2007-10-03 10:25:00 -
City needs to start pushing on Rio Nuevo
Arizona Daily Star - Shelko said a financing "concept" that Noonan presented last month to meet requirements was the final red flag . Instead of a solid loan plan, she offered an arrangement with a local mortgage broker — who was also her business partner. But the deal ...
2007-10-04 12:05:00 -
UPDATE 1-Banks reduce credit lines to H&R Block mortgage unit
Reuters - NEW YORK, Oct 3 (Reuters) - H&R Block Inc (HRB.N: Quote , Profile , Research ) the largest U.S. tax preparer, said on Wednesday bank lines at its Option One Mortgage Corp lending unit were terminated or reduced, as the subprime mortgage company ...
2007-10-03 03:51:00 -
Lee foreclosures remain high
News-Press - Well, here's the thing," said mortgage broker Jeff Tumbarello of Network Funding Solutions. "You want to get excited about two months in a row (at about the same level) but we had a little plateau the first quarter of this year too. You just never ...
2007-10-03 09:42:00 -
07-262 ASIC obtains orders against Canberra mortgage broker on ‘low ...
ASIC - The Federal Court of Australia today made orders against Canberra-based mortgage broker, Tonadale Pty Ltd (trading as ACT Mortgages) following allegations of unconscionable, misleading and deceptive conduct in relation to the arrangement of low ...
2007-10-03 04:34:00 -
Mortgage fraud on a massive scale
National Post - Here's some information about the fraud techniques: - Mortgage broker licences were handed out indiscriminately and many of these companies sprung up, hiring people, often uneducated immigrants or crooks, and splitting handsome fees with them ...
2007-10-04 12:13:00 -
Mortgage fraud leader convicted (Gazette Extra Sports)
MILWAUKEE-James J. Lytle, a former mortgage broker from Lake Geneva, became the first of potentially many individuals convicted of participating in a mortgage fraud scheme that swindled eight lending companies out of more than $4 million.
2007-10-03 09:51:27 -
Trucking boss plays blame game
News.com.au - We have . . . at all times acted in accordance with the advice of our experts," the brothers wrote. "As directors, we had ... I'm owed $10,000 and have a mortgage to pay." Administrator John Melluish told the meeting McArthur Express had been losing ...
2007-10-03 07:19:00 -
Monster Employment Index Holds Steady in September, Demonstrating ...
MSN MoneyCentral - ... show any dramatic adverse impact on demand for workers in the broader service sector as a result of the sub-prime mortgage ... for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to ...
2007-10-03 09:21:00 -
Tax season is in full bloom
Arlington Heights Daily Herald - That tax -- originally designed to snag rich folks who had mastered tax avoidance tricks -- now hits more middle income taxpayers every year. If you are in its path, turn most of that previous advice upside down. Defer mortgage and tax payments into ...
2007-10-03 10:25:00 -
UAE mortgage lending soars
AME Info - Mortgage lending in the UAE nearly doubled to Dhs45.7bn in the second quarter due to the continued influx of foreign investors ... The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Communications ...
2007-10-03 09:06:00 -
Michigan's Comic Strip Government Mirrors Detroit: Doron Levin
Bloomberg - ... the 6 percent sales tax will be applied to a range of services, from landscaping and janitorial work to investment advice ... for the state with the highest proportion of residential mortgages rated as delinquent, or 30 days past due, by the Mortgage ...
2007-10-04 12:13:00 -
SEC Enforcement Cases Rise for First Time Since '03, People Say
Bloomberg - ... questioned Cox and other SEC officials during the past year about their oversight of hedge funds, insider trading and mortgage ... agency hasn't completed its breakdown of cases by type, such as those involving financial disclosures, investment advice or ...
2007-10-04 12:27:00