Mortgage and Financial News From 2007-9-18 Page 17

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• Miami-Dade Officials Battle Mortgage Fraud (CBS4 Miami)

  Mortgage fraud reached epidemic levels in Florida during the real estate boom, abetted by lax lending standards, and rapidly escalating property values. The state ranks No. 1 in the nation in complaints from lenders, according to the Mortgage Asset Research Institute.
  2007-09-18 10:44:00

• Fighting mortgage fraud may ease taxes (Miami Herald)

  Homeowners in neighborhoods saturated with mortgage fraud could see their property taxes reduced as law enforcement gears up for a countywide crackdown on the pervasive white-collar crime, Miami-Dade County Mayor Carlos Alvarez and Glenn Theobald, chief legal counsel for the county police, said Monday.
  2007-09-18 04:26:49

• Regulator says it won't ease mortgage rules

  Korea Herald - But builders argue that the heavy regulations hurt the housing market, making some companies crippled and even insolvent. The recent U.S. subprime mortgage crisis also fueled concerns that some housing and property development loans can suffer ...
  2007-09-18 12:42:00

• Lender accused of taking retirement funds

  CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... Once the nation's tenth-largest mortgage lender, the company said it fell victim to "extraordinary disruptions" that ...
  2007-09-18 06:44:00

• M2 Lending Solutions Adds Ignacio ''Nacho'' Yogues III as Sales ...

  Forbes - The Colorado-based mortgage broker is one of the few companies approved by the Federal Housing Authority to offer certain types of loans. "Buying a home is typically a person's largest investment, and it is important to me that people understand ...
  2007-09-18 08:02:00

• Lehman wows Wall Street

  CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... surprised investors Tuesday by reporting better-than-expected earnings, allaying fears about the wallop that the mortgage ...
  2007-09-18 07:20:00

• Mortgage Help Fast & Easy

  Colleyville Courier - Competitive rates from leading mortgage companies. No obligation. Available throughout America. http://www.freehomequotes.org/ Mortgage Marketing Newsletters Increase loan production by regularly touching past borrowers, new clients, Realtors and ...
  2007-09-18 07:05:00

• Impac Mortgage Holdings, Inc. Provides Strategic Update and Reconfirms ...

  Forbes - ... term investment operations, continue to service our past mortgage customers through our master servicing operation, and make selective strategic investments in companies like our investment in Arch Bay, LLC, an acquirer of non-performing mortgage ...
  2007-09-18 06:08:00

• Beazer Homes ready for even more cutbacks

  CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... The discrepancies surfaced during an independent internal investigation of the company's mortgage origination business. ...
  2007-09-18 10:33:00

• E*Trade `Not for Sale' After Stock Drop, Lilien Says (Update3)

  Bloomberg - Mortgage companies are running short of cash as falling home prices hurts demand and overdue mortgage payments make bankers reluctant to extend more credit. Citigroup Inc. analyst Prashant Bhatia, who has a ``hold/speculative'' rating on the ...
  2007-09-18 12:27:00

• Long Island Family Raffles Off Home To Those Who Need

  HULIQ.com - A revolutionary new idea! With Mortgage Companies and Banks constantly in the news, it’s becoming harder and harder to not only get a mortgage to buy a house, but maintain a mortgage as well. Cost-Of-Living increases, but our Salaries do not. So ...
  2007-09-18 12:20:00

• Home Foreclosures Doubled in August on Loan Rates (Update4)

  Bloomberg - U.S. economic growth is slowing as the two-year housing decline worsens amid the surge in foreclosures and the collapse of more than 100 mortgage companies, according to David Berson, chief economist of Fannie Mae, the largest mortgage buyer. Federal ...
  2007-09-18 09:28:00

• House Passes Mortgage Plan

  Forbes - The administration has insisted such legislation was needed before restraints on the amounts of mortgage securities the two government-sponsored companies are allowed to buy and hold could be eased. The White House wants to expand the mandate of the ...
  2007-09-18 12:34:00

• House passes mortgage plan (AP via Yahoo! News)

  The House on Tuesday approved a plan to expand federal backing of mortgages in hopes of helping struggling homeowners avoid foreclosure.
  2007-09-18 12:33:58

• Mortgage crisis deepens at Impac, Accredited (EARTHtimes.org)

  NEW YORK (Reuters) - The mortgage lending crisis deepened on Tuesday, as Impac Mortgage Holdings Inc said it will quit most lending activities, while Accredited Home Lenders Holding Co posted a big quarterly loss and said its survival remained in doubt.
  2007-09-18 07:51:55

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