Mortgage and Financial News From 2008-3-21 Page 6
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Eagle Mtn. pair appear on 3 felony fraud counts (Deseret Morning News)
It's a bad idea to forge signatures, falsify loan documents and inflate incomes especially when you're an attorney, a Realtor and a mayoral candidate.
2008-03-21 12:31:18 -
YC dad, daughter face fraud charges (Appeal-Democrat)
A Yuba City woman and her father were held to answer Thursday in Sutter County Superior Court on charges of defrauding fellow members of the East Indian community for almost $130,000.
2008-03-21 12:56:13 -
Bay Area News in Brief (San Jose Mercury News)
SAN JOSE Man ordered to pay $239,450 in scam A San Jose man who pleaded guilty to one count of money laundering in an "inheritance" scam was ordered Thursday to pay $239,450 in restitution, according to the Department of Justice.
2008-03-21 02:03:29 -
Cunningham’s CIETC trial delayed (The Des Moines Register)
Former CIETC boss Ramona Cunningham will not stand trial with three co-defendants on April 7 so lawyers can resolve questions about her sanity, a federal judge ruled Thursday.
2008-03-21 02:19:31 -
Home loan reform is near (Baltimore Sun)
Lawmakers OK last bill in package to prevent future crises With the foreclosure crisis accelerating, Maryland lawmakers approved last night the final elements of one of the most aggressive reform packages in the nation to guard against future mortgage-related calamities.
2008-03-21 02:56:14 -
Tri- City man jailed in fraud (The Argus)
Two mortgage-elimination scam artists, including one from Union City, were sentenced this week for their roles in tricking homeowners into believing that the scammers could rid them of mortgage debt.
2008-03-21 03:02:49 -
Mortgage broker James Sims is convicted; Frederick Watkins pleads guilty (The Plain Dealer)
A mortgage broker was found guilty of fraud after a three-day trial involving the purchase of a $490,000 house in Solon, and a second broker pleaded guilty to charges involving houses with a loan value of more than $9 million.
2008-03-21 03:56:28 -
Asian Stocks Rise; Mitsubishi UFJ, Electricity Producers Gain (Bloomberg.com)
March 21 (Bloomberg) -- Asian stocks rose, paring the regional benchmark's third weekly decline, as speculation the U.S. will contain credit-market losses bolstered confidence in financial companies.
2008-03-21 01:36:35 -
Asian Bourses Close Higher - Asian Commentary (Nasdaq)
(RTTNews) - Friday, most of the stock markets in the Asia Pacific region were closed due to public holiday. Among the bourses that traded, the Japanese, South Korean and Taiwanese markets ended the day with gains, while Shanghai closed lower.
2008-03-21 01:52:41 -
Insurers make it harder to get a mortgage (Philly.com)
WASHINGTON - Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow - even for those with good credit.
2008-03-21 02:04:49 -
Bailout is too strong a word (Seattle Times)
I don't know too many economists who get confused with preachers. But there are times when they talk about virtue and temptation as if they...
2008-03-21 02:21:48 -
Japanese Stocks Rise, Led By Financial Companies, Paper Makers (Bloomberg.com)
March 21 (Bloomberg) -- Japan's stocks posted their biggest three-day rally in almost two months after the largest providers of money for U.S. home loans agreed to expand their purchases of mortgages, shoring up confidence in financial companies.
2008-03-21 02:44:39 -
(AFX UK Focus) 2008-03-21 09:30 GMT: TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 GMT (Interactive Investor)
2008-03-21 09:04:50 China's Industrial Bank says jv pact with France's Natixis to be signed 'soon'
2008-03-21 02:58:50 -
Fed Up (Forbes)
Investment banks may regret asking Ben Bernanke for help.
2008-03-21 03:01:47 -
UH: Slowdown, not recession, expected (Honolulu Star-Bulletin)
A University of Hawaii report due out today stopped short of saying the state could follow the nation into a recession, but did forecast a continued slump in some key economic indicators here, including employment, real income and tourism.
2008-03-21 03:22:40