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Financing

by Mortgage News
Columbus Accountant and Realtor Plead Guilty to Mortgage Fraud

Dennis Sartain of Hilliard, Ohio, and Bonnie Helt, of Columbus, Ohio, pleaded guilty on to conspiring to commit mortgage fraud, money laundering and obstruction of justice.

Wells Fargo, Baltimore in Talks After Mortgage Suit

Baltimore sued the fourth-largest U.S. bank in January 2008, accusing it of steering minority borrowers to expensive home loans, resulting in economic harm to the city.

Plan to push financial reform bill forward could be giant step back

Dodd's vow to move ahead with a measure without Republican support could deal a devastating blow to Congress' efforts to pass a sweeping overhaul.

Three More Banking Failures Bring Year's Total To 30 | Problem Bank List

The banking failures continue as regulators closed three more failed banks in New York Florida and Louisiana...

New round of foreclosures threatens housing market

The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.

Government mortgage plan aids 16 percent of borrowers

The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo.

Police: Tampa Man, 73, Robs Three Banks To Pay Mortgage

The 73-year-old man charged with robbing three Tampa banks to pay his mortgage has been released from jail.

Positive trade, housing data suggest economic recovery taking hold

There are more signs that the Canadian economy is getting healthier and stronger, with housing and trade data adding to recent reports that suggest a recovery is indeed taking hold.

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