Mortgage and Financial News From 2007-9-7 Page 5

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  • Government sues tax adviser over fraudulent returns

    Herald Tribune - Former clients of Prewett's investment company already have filed more than a dozen lawsuits against Prewett and his companies, accusing him of selling unregistered securities and mortgage fraud in connection with investments. Now former clients might ...
    2007-09-07 11:50:00
  • 96.Progressive Building Soc

    Belfast Telegraph - ... 11 branches and over 70 agents acting in many local communities. The society focuses on the provision of house mortgage ... Top 100 Companies 1.Tesco 2.Bombardier - Shorts 3.Royal Mail 4.MoyPark 5.Quinn Group 6.Translink 7.Four Seasons Healthcare 8.Dunnes ...
    2007-09-07 12:40:00
  • Mortgage company agreements hold up mineral drilling royalties for ...

    Dallas Morning News - But some mortgage companies are trying to charge upwards of $500 and want a survey done, too," she said. "This has taken us completely by surprise." In some cases, the fees may be more than months or even years worth of royalty payments, homeowners ...
    2007-09-07 12:52:00
  • Foreclosures likely to hit record

    Louisville Courier-Journal - The media wants to move the spotlight from the worsening economy to Mortgage lending practices and hope Mortgage companies take the blame awhile so consumer spending doesn't drop off altogether. Most people buying a home stretch a little, some ...
    2007-09-07 11:50:00
  • IndyMac gets rid of subprime loans

    CNN Money - IndyMac ( Charts ) will cut out nearly all subprime mortgage production - loans given to customers with poor credit history ... Eco-companies customers love
    2007-09-07 11:57:00
  • Hovnanian's 4th straight quarterly loss

    CNN Money - Credit tightening in the mortgage market has reduced the number of qualified home buyers, existing home inventory levels ... Eco-companies customers love
    2007-09-07 11:57:00
  • Economists fear wave of evictions on way

    Financial Times - The fate of the US housing market is increasingly in the hands of an opaque part of the financial system normally associated with moves to evict families from their homes. Mortgage service companies, which are responsible for calling on Americans to ...
    2007-09-07 12:40:00
  • Fuselage drop-test declared a success

    Seattle Times - The Cleveland-based bank will make fewer loans it cannot sell to mortgage companies Fannie Mae and Freddie Mac. It also suspended the issuance of home-equity loans through brokers. Thursday's cuts were announced a day after Countrywide Financial, the ...
    2007-09-07 12:40:00
  • Top 100 Companies 2007

    Belfast Telegraph - The largest locally-owned mortgage lender in Northern Ireland, Progressive is a mutual organisation with 11 branches and a network of 70 agents supporting many local communities. The building society focuses on the provision of traditional mortgage ...
    2007-09-07 12:40:00
  • Getting the money right

    CNN Money - Various private and public agencies - including Fannie Mae, Freddie Mac, the Federal Housing Administration, and the Department of Veteran Affairs - provide low down payment mortgages through banks and mortgage companies. If you qualify, it's ...
    2007-09-07 11:57:00
  • Credit card companies tweaking terms, offers

    MSNBC - NEW YORK - The stream of credit offers that has filled consumers’ mailboxes in recent years may be slowing just a bit. Although credit card issuers and other companies that lend to consumers have escaped the barrage of defaults that mortgage ...
    2007-09-05 01:04:00
  • SEC to review role of major credit rating agencies in subprime mortgage mess (CP via Yahoo! Canada News)

    WASHINGTON (CP) - U.S. regulators said Friday they are reviewing the role that credit-rating agencies played in the mortgage market debacle for people with weak credit.
    2007-09-07 12:22:00
  • Thornburg Mortgage Pres. Buys Shares (AP via Yahoo! Finance)

    The president and chief operating officer of Thornburg Mortgage Inc. bought 30,000 shares of stock, according to a Securities and Exchange Commission filing Thursday.
    2007-09-07 06:57:11
  • Citigroup Unit Won't Take New Mortgage Bank Clients, People Say (Bloomberg.com)

    Sept. 7 (Bloomberg) -- Citigroup Inc., the largest U.S. bank, stopped accepting new clients in a unit that offers credit lines to mortgage banks, according to two people familiar with the situation.
    2007-09-07 08:37:34
  • Citigroup Unit Won't Take New Mortgage Bank Clients (Update1) (Bloomberg.com)

    Sept. 7 (Bloomberg) -- Citigroup Inc., the largest U.S. bank, curtailed lending to mortgage companies, according to two people with knowledge of the decision.
    2007-09-07 12:22:24