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Financing

by Mortgage News
Dodd seeks middle ground on new rules

The senator trying to rewrite the nation's financial industry rules is dropping plans to create a stand-alone consumer financial protection agency and give a single regulator the power to oversee all banks, according to people familiar with the evolving proposal.

Sen. Fraser to fight for Heritage Center

The Heritage Center project is alive again, part of the capital-budget negotiations that will accelerate Monday when state lawmakers return for their special session to complete work on budgets and a jobs package.

Mortgage plan to assist 16 percent of borrowers

WASHINGTON - 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.

Mortgage rates remain below 5 percent

William Rast, the contemporary fashion label by Justin Timberlake and longtime friend Trace Ayala, marched a parade of biker styles down the runway at New York Fashion Week Wednesday night in a collection dubbed "New America." Read more... Cult hit inspires style, for 'Shore' By Michelle R. Smith Mar 11 Hair gel and hair extensions, tanning and ...

Lloyds allows mortgage-holders to pay off quickly

The BBC has reported that Lloyds Banking Group has been encouraging its borrowers to pay off their mortgages early.

Life is coming back to downtown Miami as condos fill up with new residents

From the smoldering embers of the downtown Miami condo collapse, a bright spot is emerging: a community of full-time residents slowly starting to turn the area into a 24/7 city.

Man accused of masterminding mortgage fraud is denied bail reduction

James B. Duncan, accused of masterminding a $142 million mortgage and securities fraud based in Murrieta, Thursday was denied a reduction of his $5 million bail by a judge who said Duncan poses a threat to public safety.

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.

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