High-Stakes Mortgage Fraud Trial Gets Under Way in San Francisco (Law.com)
At the heart of a mortgage fraud trial that opened Monday in San Francisco are millions of dollars in loans that never should have been made, the lawyer for a family estate told the jury in opening statements. U.S. Bank sued on behalf of a mortgage pool to try to recover $1 million from the estate following its sale of a property. The estate, in turn, has countersued the mortgage pool and others ...(Tue, 09 Feb 2010 04:46:50 GMT)
Bullard: Fed Should Sell Mortgage Holdings Before Hiking Rates (Fox News)
Bullard: Fed Should Sell Mortgage Holdings Before Hiking Rates(Mon, 08 Feb 2010 23:42:59 GMT)
HAMP Champ: What Ever Happened to That Obama Mortgage Modification Plan? (ABC News)
One year ago this month, the President announced a plan to alleviate the housing crisis. So, why have so few receieved mortgage modifications to date? Mortgage - President of the United States - United States - Business - Financial Services(Mon, 08 Feb 2010 23:01:21 GMT)
Saudi Arabia’s Mortgage Law to May Double Market Size, NCB Says (Bloomberg)
Feb. 8 (Bloomberg) -- Saudi Arabian property market may double in size by 2015 if a planned mortgage law is put into effect, NCB Capital said. “A timely implementation of the mortgage law would further support a sustained take-off in the real estate space,” chief economist Jarmo Kotilaine said in an e-mailed report today.(Mon, 08 Feb 2010 16:01:12 GMT)
Mortgage Bankers Association Forced Into Short Sale: Today's Outrage (TheStreet.com)
How bad is the mortgage crisis?It's so bad that the Mortgage Bankers Association had to sell its headquarters for less than it owes.(Mon, 08 Feb 2010 14:31:55 GMT)
Grim Foreclosure Numbers Spur Mortgage Reform Bills (WXIA-TV Atlanta)
ATLANTA - Metro Atlanta's foreclosure notices jumped a whopping 27% this month over January. That bad news is sure to spur on some state lawmakers who're trying to reform Georgia's mortgage laws and crack down on fraud.(Tue, 09 Feb 2010 01:09:16 GMT)
State sues Woodridge mortgage company over deceptive marketing (Daily Herald)
Attorney General Lisa Madigan filed lawsuits against two mortgage brokers, accusing them of using unfair and deceptive marketing practices to solicit seniors for reverse mortgages.(Mon, 08 Feb 2010 20:58:20 GMT)
Lawsuit accuses mortgage brokers of targeting seniors (ABC 7 Chicago)
Illinois Attorney General Lisa Madigan has filed a lawsuit against two mortgage brokers, accusing them of using deceptive marketing to solicit senior citizens for reverse mortgages.(Mon, 08 Feb 2010 23:10:05 GMT)
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