Mortgage and Financial News From 2008-2-16 Page 8

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  • Morgan Stanley boss earns £21m despite profit slump - Scotsman

    Morgan Stanley boss earns £21m despite profit slumpScotsman, United Kingdom - 4 hours agoMorgan Stanley lost $3.59 bn (£1.83bn) during the fourth-quarter because of risky bets on mortgage-backed securities. uarter. Merrill Lynch chief executive ...
    2008-02-16 04:05:06

  • Checking out Obama’s economic plan - Hot Air

    Checking out Obama’s economic planHot Air, MD - 3 hours ago... it’s in the context of failure — mortgage mess, employer-employee retirement relationships, “predatory” credit card companies, etc — while the dynamism ...
    2008-02-16 04:50:42

  • Little Things Add Up For Filers - Springdale Morning News

    Little Things Add Up For FilersSpringdale Morning News, AR - 2 hours agoBy Eileen Putman AP Small deductions here, a credit there, a bit of help for homeowners caught in the mortgage crisis - all add up to tax savings for savvy ...
    2008-02-16 05:24:51

  • Winners & Losers This Week's ETF Winners & Losers - TheStreet.com

    Winners & Losers This Week's ETF Winners & LosersTheStreet.com - 2 hours agoMBIA Chief Financial Officer Charles Chaplin, on the other hand, told legislators his company will survive the mortgage crisis and that both a bailout for ...
    2008-02-16 05:27:07

  • Can capitalism survive? - Jamaica Gleaner

    Can capitalism survive?Jamaica Gleaner, Jamaica - 2 hours agoReckless lending in the United States mortgage market spawned a crisis of delinquencies which cascaded into a catastrophe on the balance sheet of banks in ...
    2008-02-16 06:06:18

  • Subprime loans leading to foreclosures - Shelby Star

    Subprime loans leading to foreclosuresShelby Star, NC - 1 hour agoNow, during the ongoing mortgage crisis, the same practice has received much of the blame for record foreclosure rates across the country from both national ...
    2008-02-16 06:49:44

  • Some residents claim Picher buyout undervaluing homes w/ interview video, reporter's notebook audio and slide show (The Joplin Globe)

    Click link at left to view a slide show of photos taken in and around Picher, Okla.
    2008-02-16 06:10:56

  • Subprime loans leading to foreclosures (The Shelby Star)

    SHELBY — During a decade of relative economic prosperity, subprime lending was seen as a way to make loans to those who did not qualify for the best market rates.
    2008-02-16 06:52:04

  • When Will Earnings Recover? (NYTimes.com via Yahoo! Finance)

    Amid all the talk of an economic slowdown, Wall Street stock analysts are forecasting a stellar year for corporate profit growth.
    2008-02-16 07:39:30

  • The third coming

    Minneapolis Star Tribune - Sampson worked as a marketer for an Atlanta mortgage-banking business and attempted to sell a plan for voice communications ... He served two months as part of a plea agreement offered by federal prosecutors in a case involving mail fraud and unpaid ...
    2008-02-16 02:26:00

  • Interview with a Fraudster

    WXIA 11 Alive - Joe will soon report to federal prison to serve time for mortgage fraud. Mortgage fraud is a rather new animal in the news world. While it's been happening for years, a lot of these bigger cases are just coming to an end, and there hasn't been much ...
    2008-02-13 03:56:00

  • Crisp Relative's Homes in Default

    Blackenterprise.com - Both defaulted homes, at 11504 Haydock Court and 800 Astoria Park Drive, were named in a state regulators' complaint last fall alleging multiple counts of mortgage fraud by Crisp & Cole. Sluga took out loans totaling more than $2 million against the ...
    2008-02-16 08:00:00

  • Opposition renews call for planning minister's dismissal

    Jamaica Gleaner - The minister appeared in an Atlanta Federal court in February last year as a witness for the defence in a major mortgage fraud case, testifying on behalf of his cousin, Marcus Alcindor. Alcindor was sentenced on September 26, 2007, for multiple ...
    2008-02-16 05:54:00

  • The battle to break Britain's crime lords

    Times Online - Despite the acquittal, the judge accepted the ARA’s argument that Jackson had made his money through drug-dealing, money-laundering and mortgage fraud, and allowed it to “recover” £628,000-worth of property including four houses, cash and ...
    2008-02-16 12:39:00

  • Barack Obama's Remarks at UAW Plant in Wisconsin - FOX Toledo

    Barack Obama's Remarks at UAW Plant in WisconsinFOX Toledo, OH - 21 hours agoFor those Americans who are facing the brunt of the housing crisis, I've proposed a fund that would provide direct relief to victims of mortgage fraud. ...
    2008-02-15 10:23:06

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