Mortgage and Financial News From 2007-10-14 Page 14

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  • Time for change in Australian politics?

    BBC News - Still, voters are worried about rising interest rates, especially in the "mortgage belt" where you will find many of the 30 or so marginal constituencies that will ultimately determine this election. In August, interest rates rose to their highest ...
    2007-10-14 06:06:00

  • Uganda: Keeping an Eye On Interest Rates Healthy

    AllAfrica.com - This is because with fixed period rates, one can lock in a benefit in relation to the floating rates. Say the mortgage rate is currently 15%, with banks offering a fixed two - year option at 16%. If the home-owner feels that rates may go up 2% within ...
    2007-10-14 04:47:00

  • Merrill Lynch still rates a 'buy'

    Baltimore Sun - Merrill Lynch still rates a 'buy' Andrew Leckey -- Taking Stock October 14, 2007 ... Acquired for $1.3 billion in the past year, First Franklin was one of the nation's biggest subprime mortgage originators. ...
    2007-10-14 06:06:00

  • Real estate notebook

    Everett Herald - WASHINGTON -- Rates on 30-year mortgages edged up slightly this week following a better-than-expected report on job growth. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.40 percent this week, up ...
    2007-10-13 11:54:00

  • Housing stories and features

    Orlando Sentinel - October 7, 2007 Mortgage Rates When builder is also a lender, be sure to comparison shop It would be folly for new-home buyers not to at least consider using the ...
    2007-10-14 02:31:00

  • Fair Investment Launches Free Guide to Identity Theft in National ...

    PR.com - Bristol, United Kingdom, October 14, 2007 --( PR.com )-- This week (October 8-12) marks National Identity Fraud Awareness ... A leading internet player, Fairnvestment.co.uk sees 400,000 unique users per month, sells over £5 billion worth of mortgage ...
    2007-10-13 11:46:00

  • Meet the Democrats' poster kids for health abuse

    Detroit News - The Frosts claim it would cost them more per month than their mortgage, reportedly $1,200 a month, to buy private insurance ... Jennifer's mother was later convicted of aggravated child abuse and welfare fraud for misrepresenting $60,000 in assets on ...
    2007-10-14 04:18:00

  • Valuation probe - make $500,000 in 8 days

    Stuff - An Auckland valuation firm which valued a property at $510,000 more than it had sold for just days earlier will be investigated as part of the fallout from the Barfoot & Thompson mortgage fraud case. The discrepancy was uncovered last week by the ...
    2007-10-13 03:11:00

  • Quick defaults point to fraud, experts say

    Palm Beach Post - Not too long ago, there was a one-word description of home loans that defaulted in the first few months after being signed. Fraud. Fast to fail Generally, a mortgage defaulting within the first two years has been considered a bad or suspect loan ...
    2007-10-13 10:13:00

  • 11 receive sentences in Oak Tree housing fraud case

    Edmond Sun - EDMOND — Eleven defendants convicted of offenses stemming from a mortgage fraud scheme involving Oak Tree properties in north Edmond were sentenced to prison in U.S. District Court. Gayle L. Caldwell, 39; Charles E. Caldwell, Jr., 41; Teresa M ...
    2007-10-12 05:57:00

  • News from around Wisconsin at 6:28 a.m. CDT

    Chippewa Herald - Lock is also one of 10 people charged in a separate federal case of orchestrating an elaborate mortgage fraud. At Friday's preliminary hearing, a number of investigators outlined how they identified the victims' remains. Police had been called to the ...
    2007-10-14 04:18:00

  • Suffolk County auction gadfly back in business

    Newsday - His son, Isaac, also was jailed for 5 months after pleading guilty to mortgage fraud and arranging for a bogus letter offering $7.25 million on the estate. Toussie's legal tactics also have cost Suffolk $1.4 million to retrieve e-mails he sought in ...
    2007-10-14 12:15:00

  • Solicitor due in High Court over mortgage fraud allegations

    Sunday Business Post - The solicitor and property developer at the centre of allegations of a major mortgage fraud is due to appear before the president of the High Court tomorrow in a hearing relating to the freezing of his assets. The Law Society is understood to have ...
    2007-10-14 05:08:00

  • Solicitor due in High Court over mortgage fraud allegations (Sunday Business Post)

    The solicitor and property developer at the centre of allegations of a major mortgage fraud is due to appear before the president of the High Court tomorrow in a hearing relating to the freezing of his assets.
    2007-10-14 05:26:46

  • Cash-strapped Americans raiding their 401(k)s

    Chicago Tribune - And as the mortgage industry implodes, they look for where else they can borrow." David Wray, president of the Profit Sharing/401(k) Council of America, a non-profit association of companies that sponsor plans, expects that higher payments on ...
    2007-10-14 03:35:00

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