Mortgage and Financial News From 2007-10-23 Page 9

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  • Costello warns banks against rates rises (Australian Broadcasting Corporation)

    Federal Treasurer Peter Costello has warned the banks not to use the United States mortgage crisis as an excuse to lift loan rates.
    2007-10-23 05:10:41

  • Costello warns banks not to raise rates (Perth Now)

    BANKS have no justification for raising interest rates because of the US sub-prime mortgage crisis, Treasurer Peter Costello says.
    2007-10-23 03:25:00

  • Banks shouldn't raise rates: Costello (AAP via Yahoo!7 Finance)

    Banks have no justification for raising interest rates because of the US sub-prime mortgage crisis, Treasurer Peter Costello says.
    2007-10-23 03:33:12

  • As foreclosures surge, mortgage lenders urged to help borrowers (The San Francisco Examiner)

    LOS ANGELES ( Map , News ) - Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.
    2007-10-23 02:27:58

  • Interest rates set to spike (The Courier Mail)

    MORTGAGE interest rates will rocket to 8.55 per cent next year - the highest since 2000 - according to property forecasters, making housing even less affordable.
    2007-10-23 02:15:00

  • 'Marketplace' Report: Mortgage Relief (NPR)

    The nation's biggest mortgage lender, Countrywide Financial, will modify or refinance $16 billion in loans to homeowners facing higher adjustable interest rates. Also, Capitol Hill may allow homeowners with risky loans to sue Wall Street companies and lenders for relief.
    2007-10-23 02:24:54

  • Mortgage rates jump (Herald Sun)

    MORTGAGE interest rates will rocket to 8.55 per cent next year - the highest since 2000 - according to property forecasters.
    2007-10-23 07:00:00

  • Aussie mortgage rates jump (Daily Telegraph)

    MORTGAGE interest rates in Australia will rocket to 8.55 per cent next year - the highest since 2000 - according to major property forecasters.
    2007-10-23 11:00:00

  • Auditor: US can't tell what it got for $1.2 billion spent on Iraq ...

    Charleston Gazette - Lack of controls'' and "serious contract management issues'' at the INL bureau made it "vulnerable to waste and fraud,'' Bowen said. The management problems have been pointed out previously and a letter from the bureau was included in the new report ...
    2007-10-22 10:17:00

  • TD Banknorth Selects CheckFree to Enhance Fraud Detection Capabilities ...

    Earthtimes - ... with information that will assist them in determining whether checks should or should not be paid, thereby reducing fraud ... and TD Banknorth, N.A., also operate subsidiaries and divisions in insurance, wealth management, merchant services, mortgage ...
    2007-10-23 06:02:00

  • Lib MP breaks silence on 'suspicious' fraud claims

    The Australian - ... retirement centres and semi-rural holdings fronting Moreton Bay - referred to by Laborites as "tiger country" - and mortgage ... From here you can use the Social Web links to save Lib MP breaks silence on 'suspicious' fraud claims to a social ...
    2007-10-23 08:04:00

  • Who's to blame? Is it the guy with 70 houses? The cash-flow-happy ...

    Palm Beach Interactive - Michael Sichenzia has a problem. The former mortgage whiz who spent time in New York state's prison for mortgage fraud knows that bad home loans claimed some victims and fattened bank accounts for others. But telling them apart isn't easy. "The thing ...
    2007-10-19 05:56:00

  • Suspect in fake-lawyer case faces charges of fraud, theft

    AZCentral.com - A man accused of stealing more than $300,000 from clients by posing as a lawyer and a mortgage-loan originator has been arrested in Phoenix. Jeffrey Allen Herald, 49, was indicted Friday on two counts of fraud and one count of theft for providing ...
    2007-10-23 12:33:00

  • Mortgage Fraud

    Daily Business Review - he Florida Bar has joined the fight against mortgage fraud in South Florida. “There’s no doubt there are more instances of title attorneys being involved in mortgage fraud,” said William Mulligan, Bar counsel for Miami-Dade and Monroe counties ...
    2007-10-22 11:00:00

  • Inflated sales price on Shields’ home made appraiser suspicious

    Kansas City Star - It was a “fishy” deal that prompted a veteran real estate appraiser to contact the FBI. Appraiser Donald Gossman was the first witness to take the stand this morning as testimony got underway in the federal mortgage fraud trial of former Jackson ...
    2007-10-23 02:20:00

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