Mortgage and Financial News From 2008-6-5 Page 9
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2 men plead guilty in North Texas housing scam (Fort Worth Star-Telegram)
Fraudulent appraisals were used to dupe investors, federal officials say.
2008-06-05 02:44:34 -
Bureaucrats goof (winnipegsun.com)
Personal and financial information of thousands of Prairie farmers -- including social insurance numbers -- have fallen into the wrong hands after a laptop computer owned by an agency that runs government farm programs was stolen in March.
2008-06-05 02:55:22 -
Ex-NJ Gov: I'll Pay $100 Child Support (ABC News)
James McGreevey also doesn't want to pay his ex-wife any alimony.
2008-06-05 04:10:15 -
Local & State Headlines (The Albany Herald)
ALBANY — If there is a face to fraud in Albany, police officials say that it would be that of Tiawanna Moore. Since 2004, Moore, who police say also goes by Tiawanna Thomas, has been arrested and indicted in both state and federal court for charges including bank fraud and insurance fraud.
2008-06-05 05:16:06 -
Deerfield Twp. resident under investigation (The Pulse-Journal)
Hamilton County Common Pleas Court Judge William Mallory on May 29 ordered Eric Duke evicted from the Long Cove home he is living in if he doesn't bring the mortgage current within a month.
2008-06-05 05:27:26 -
Adams man allegedly acquired mortgages illegally (Berkshire Eagle)
NORTH ADAMS — The state attorney general's office is going after an Adams man for allegedly obtaining fraudulent mortgages for rental properties in four communities, sometimes leaving the tenants to live in squalor as he tried to rapidly flip the properties.
2008-06-05 05:41:30 -
McGreeveys Rest Case in Divorce of Gay Fmr. N.J. Guv (Fox News)
It's now up to a judge to decide how much alimony and child support to award the soon-to-be ex-wife of New Jersey's gay former governor, following three weeks of testimony laying bare the couple's dire finances.
2008-06-05 05:55:01 -
U.K. Pound, Gilts Stay Lower After BOE Holds Rate at 5 Percent - Bloomberg
June 5 (Bloomberg) -- The pound stayed lower against the dollar and euro after accelerating inflation prevented the Bank of England from cutting interest rates to support the economy. The nine-member Monetary Policy Committee, led by Governor Mervyn ...
2008-06-05 04:12:00 -
Interest rates kept on hold at 5% - BBC News
The latest figures from the biggest mortgage lender, the Halifax, showed a 2.4% fall in house prices during May. This week, the Organisation for Economic Co-operation and Development predicted that UK growth would slow to 1.8% this year and to 1.4 ...
2008-06-05 04:05:00 -
Report: UK house prices fell in May - CNBC
LONDON - House prices in the United Kingdom dropped 2.4 percent in May and now stand 3.8 percent lower than a year ago, the country's biggest mortgage lender said Thursday. Halifax said the year-on-year fall was the largest since 1993. Another major ...
2008-06-05 04:05:00 -
Mortgage lending: Lloyds signs deal with Northern Rock - Guardian Unlimited
Lloyds TSB: Bank to pick off customers from Northern Rock. Photograph: Carl de Souza/AFP/Getty Images Lloyds TSB today signed a deal to offer thousands of Northern Rock customers a new mortgage when they come to the end of their current deal ...
2008-06-05 03:29:00 -
UK regulator says banks overcharge PPI customers by 1.4 bln pounds ... - Forbes
LONDON (Thomson Financial) - The U.K.'s Competition Commission said banks and other lenders overcharge customers buying payment protection insurance (PPI) by more than 1.4 billion pounds a year because of a lack of competition in the PPI market ...
2008-06-05 01:27:00 -
Cheat Sheet: SOA - Silicon.com
It stands for service-oriented architecture. Sometimes people talk about SOAs, even pronouncing it as a word. Oh great, another alphabet soup acronym to confuse us all. Give me the 35,000ft view. And why should I care? SOA actually does what it says ...
2008-06-05 12:51:00 -
A.M. Best Revises Outlook to Negative for Alabama Municipal Insurance ... - Forbes
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of "a-" for Alabama Municipal Insurance Corporation (AMIC) (Montgomery, AL). The negative ...
2008-06-03 09:15:00 -
Loan insurance 'costing too much' - BBC News
"The way PPI is sold as an 'add-on' to a loan or other credit product means distributors escape the pressure they should face from competing suppliers," he said. "Distributors don't appear to compete much with each other on either price or quality of ...
2008-06-05 12:30:00