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Tough Talk on Countrywide Mortgage Suits  Six plaintiffs, including California Attorney General Jerry Brown, will ask a federal panel on Thursday to keep their individual lawsuits against Countrywide Financial Corp. untangled and out of a single federal court. Lawyers for Brown, the state of Illinois, the city of San Diego and plaintiffs in three private class actions say their claims against the troubled mortgage lender would be better ...

TEAM Nation Issues Report on Mortgage Backed Securities Acquisition Fund  OTCBB: TEMN The management group of TEAM Nation Investment Group, LLC, a joint venture between TEAM Nation Holding Corporation, a California corporation "TEAM-CA", and A.B.S.I.G., LLC, have been investing in the acquisition of distressed RMBS Real Estate Mortgage Backed Securities since November, 2007.

Pricing mortgage-backed securities will be tough  Some things are easy to price. Others, not so much. And that's the $700 billion problem facing the U.S. Treasury: how to value vast amounts of mortgage-backed securities that no one wants to buy.

California's economy seen geting worse   California's sputtering economy is going to get worse, a report released on Wednesday said.

California Lender Learns Hard Lessons in Deploying Product and Pricing Technology   MSM Lender, a residential mortgage lender based in Rancho Cucamonga, California, shared their view of the crowded product and pricing engine marketplace from a mid-tier lender perspective.

McCain's manager got thousands from mortgage giant: report   The lobbying firm owned by John McCain's campaign manager, Rick Davis, accepted half a million dollars from stricken mortgage giant Freddie Mac, reports said Wednesday.

Chevy Chase Bank scores victory in predatory mortgage lending case  A Maryland bank scored a major victory in a mortgage lending case Wednesday when a federal appellate court rejected class-action status for a Cedarburg couple���s suit against Chevy Chase Bank.

Isle mortgage costs among top  Many Hawaii homeowners spent more than 30 percent of their income on mortgage payments last year in one of the nation's most expensive housing markets, according to the U.S. Census Bureau.

Seffner Man Accused In Mortgage Fraud Scheme  TAMPA A Seffner man was arrested today in connection to a multimillion-dollar mortgage fraud scheme that victimized dozens of people since 2004, the Florida Department of Law Enforcement said.

Granite Mortgage offices to stay in Winston-Salem  GRANITE FALLS -- Bank of Granite Corp. said yesterday that it has no plans to move its Granite Mortgage headquarters from Winston-Salem as part of a consolidation announced Tuesday.

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