Mortgage and Financial News From 2007-10-1 Page 25
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Editorial: Battling those who would exploit American dreams
Naples Daily News - ... State Attorney’s Economic Crimes Task Force for digging beneath the surface for a form of alleged fraud that resonates with the headlines about the local and national real-estate marketplace. While we are accustomed to hearing about mortgage ...
2007-09-30 02:43:00 -
How they voted
Kansas City Star - ... federal law against hate crimes to include offenses based on sexual orientation, gender or disability as part of a defense bill. A yes vote supported adding the offenses. NEXT WEEK The House will take up bills on overseas contracting fraud and mortgage ...
2007-09-29 12:43:00 -
Iowa/Illinois briefs
Dubuque Telegraph Herald - The building's property manager, Phyllis Peters, filed a complaint with the Mortgage Fraud Task Force in May, uncovering the scheme. Authorities say Peters got suspicious after seeing news reports about a mortgage-flipping scheme in a south Chicago ...
2007-09-30 07:27:00 -
KC nonprofit group promotes financial literacy
Kansas City Star - The seminars touch on a variety of household economic topics, such as budgeting, savings, investments, predatory lending/mortgage fraud, starting a business and many others. The Adult Economic Stimulus Seminar services originally were focused mostly ...
2007-09-29 12:43:00 -
Forward diary of events week ending Oct 5
CNBC - ... TRADING STATEMENTS Biffa BP ECONOMICS CBI/PWC UK financial services survey (0001 BST) UK Aug consumer credit, mortgage ... Sareum Holdings AGMS None scheduled EGMS Dicom Group Local Radio Company ECONOMICS UK Q2 profitability of UK companies ...
2007-09-30 10:50:00 -
Legg Mason manager switches to large-cap stocks
International Herald Tribune - ... who beat the Standard & Poor's 500-stock index for 15 straight years until 2006, is buying shares of the largest companies in ... They include the mortgage lender Countrywide Financial and the builders Pulte Homes and KB Home. Countrywide's shares have ...
2007-10-01 12:09:00 -
Tuition zooms; so do fears over student loans
Seattle Times - ... 35-year-old periodontist in Rocky Hill, Conn., faces paying $1,600 a month on his student loan on top of a $2,300 mortgage ... complaints have made their way to lawmakers, who see a need to regulate the highly profitable and diverse group of companies ...
2007-10-01 12:09:00 -
Exports still face risk from sub-prime lending woes: KRC
Thai News Agency - More businesses would be closed and the dismissal of staff in sub-prime mortgage companies and investment banking firms. More investors would opt to avoid investing in debt instruments with high risks or issued by property firms. So, it is a great ...
2007-09-30 08:41:00 -
UBS expected to post big fixed-income loss: report
CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... associated with writing off bad bets by its in-house hedge fund, Dillon Read Capital Management, in the subprime mortgage ...
2007-09-30 05:14:00 -
Online job hunters grapple with misuse of personal data
Boston Globe - After he posted his resume online in 2004, Ed Pilarski got more responses than he bargained for. More than a dozen companies called or e-mailed the retired Verizon Communications Inc. project manager with job offers he did not want or mortgage ...
2007-09-30 11:33:00 -
The Perils of Going Slow to Clean Up Mortgage Lending and Bond Rating
Global Politician - For example, the home appraisal process has been problematic for decades, because of the obvious conflict of interest in the selection of appraisers by mortgage companies and their desire to close deals and collect commissions and fees. Similarly ...
2007-09-30 04:45:00 -
Asian Stocks Rise, Led by DBS, Posco; Japanese Banks Decline
Bloomberg - U.S. stocks retreated at the end of last week, with the Standard & Poor's 500 Index slipping 0.3 percent, after the Mortgage Insurance Companies of America said defaults on privately insured home loans climbed 30 percent in August from a year earlier ...
2007-09-30 11:19:00 -
European Stocks Retreat; UBS, Credit Suisse, Deutsche Bank Fall
Bloomberg - U.S. stocks dropped at the end of last week on concern that credit-market losses may worsen after the Mortgage Insurance Companies of America said defaults on privately insured home loans climbed 30 percent last month from year-earlier levels ...
2007-10-01 12:30:00 -
GROWTH FUNDS
Dallas Morning News - The worst performer was the $101 million Schneider SmallCap Value Fund, down 19 percent during the quarter because of investments in mortgage companies. The fund is run by Arnold Schneider at Schneider Capital Management LP in Wayne, Pa. Bond funds ...
2007-09-30 08:56:00 -
Asian Stocks Rise to a Record; DBS, Posco, Newcrest Mining Gain (Bloomberg.com)
Oct. 1 (Bloomberg) -- Asian stocks rose, driving a regional benchmark toward a third straight record, after mortgage lending in Singapore grew at the fastest pace this year and Posco announced plans to raise stainless steel prices.
2007-09-30 10:04:10