Mortgage and Financial News From 2007-9-13 Page 12

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  • Wall Street, consumer groups battle over whether mortgage investors should be liable for fraud (The Standard-Times)

    WASHINGTON — Banks that package mortgage securities — and the institutional investors who buy them — are fearful that lawmakers could in the future make them legally responsible for fraud committed by lenders.
    2007-09-12 10:07:07

  • Goddes make racing a family affair (Antelope Valley Press)

    This story appeared in the Antelope Valley Press on Thursday, September 13, 2007. He's a successful mortgage broker and impassioned desert racer. But most of all, Ty Godde is a devoted spouse.
    2007-09-13 09:14:36

  • Mortgagebrokers.com continues to expand its national sales channel with the addition of experienced mortgage originators (PR Newswire via Yahoo! Finance)

    MortgageBrokers.com Holdings Inc. through its subsidiary, Mortgagebrokers.com Inc. continues to sign exclusive revenue licensing agreements with experienced and reputable mortgage originators in the mortgage industry.
    2007-09-13 05:30:00

  • Be wary of unlicensed mortgage businesses (Courier-Post)

    Concerned about mortgage fraud and predatory lending practices, many states have toughened their laws by requiring loan officers or originators to undergo extensive background checks and show proof of professional experience and training.
    2007-09-13 12:12:39

  • Thornburg Mortgage (TMA) Wins Another Upgrade (Schaeffers Research)

    It's been a good week for Thornburg Mortgage Asset Corp. (TMA) , which this morning received its second analyst upgrade in 3 days...( Read More )
    2007-09-13 07:08:18

  • Mortgage brokers tout new ethics code (BizJournals)

    As turmoil continues to ripple through the mortgage market, the Maryland Association of Mortgage Brokers has adopted a new member code of ethics.
    2007-09-13 10:10:18

  • Ulster house prices down by 8% in last month: survey

    Belfast Telegraph - Pat Colton, manager of Central Belfast Citizens' Advice Bureaux, agreed first-time buyers are finding it difficult. "Some financial institutions have put up their mortgage rate by a quarter of a per cent recently, and the others will follow ...
    2007-09-13 02:39:00

  • Movers: GM, McDonald's, Alcatel-Lucent, Target, Qualcomm

    BusinessWeek - Countrywide Financial ( CFC ) reports mortgage loan fundings for August fell 17%, average daily mortgage loan application ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...
    2007-09-13 07:04:00

  • Savings rates break 7% barrier

    Channel 4 News - With savings rates reaching such heights, the traditional advice to overpay as much on your mortgage as frequently as you can may have gone out of the window. "If you were lucky enough to secure yourself a cheap rate mortgage, it may make sense to ...
    2007-09-13 05:31:00

  • Staples Says Board Agrees To Propose Amendment To Its Charter To ...

    RTT News - The company noted that DiMartino would be in charge for providing investors with advice and analysis of mortgage and consumer credit fundamentals in addition to relative value in the ABS/MBS markets. Former to Bear Stearns, DiMartino was the chief ...
    2007-09-13 05:24:00

  • 21 Charged With Smuggling Fake Nikes

    Chicago Tribune - The advice we give to consumers is the point of purchase," said Nike Inc.'s security director, David Simpson. "That's the key not only with our goods but with many counterfeit goods. Neither Nike nor most brands sell out of trucks on street corners ...
    2007-09-12 04:52:00

  • TheStreet.com TV Recap: No Prince of the Citi

    Street.Com - Plus, it was "one of the most active in putting together these mortgage products that are just awful," he added. Also ... While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by ...
    2007-09-13 11:15:00

  • Many 'financial consultants' aren't objective

    Arizona Business Gazette - Such advisers have difficulty offering objective advice on topics such as paying down your mortgage or other debt, or investing in real estate, which would diminish the capital left for them to manage and earn fees from. To protect yourself in the ...
    2007-09-13 07:40:00

  • Ex-attorney sentenced to prison

    Allentown Morning Call - In one theft, Kasprenski took a check destined to pay off a client's mortgage, and deposited it into his attorney account to pay personal bills. Assistant U.S. Attorney Seth Weber said Kasprenski also cashed a check against a closed checking account. ...
    2007-09-13 03:29:00

  • It's time for your wife to loosen her purse strings

    Globe and Mail - Group Therapy is a weekly relationship-based advice column that allows readers to contribute their wisdom. Each week, we'll ... But how about helping with the kids' daycare or the mortgage payment? What can I do? It bugs me to no end. Should we see a ...
    2007-09-13 06:50:00

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