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Mortgage Illinois

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 ...

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.

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.

Obama mortgage plan has been tried, defeated  As part of a plan to help financially troubled Americans, Barack Obama last week proposed legislation that would allow judges to adjust the mortgage terms of homeowners who are in bankruptcy, so they?d have a better chance of saving their homes from foreclosure.

Va. Man Pleads Guilty in Mortgage Fraud Case  An Annandale man pleaded guilty yesterday to helping orchestrate a mortgage fraud scheme that used "straw buyers" to sell property across Northern Virginia, defrauding banks and commercial lenders of more than $2.5 million, prosecutors said.

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.

Standard Chartered to Enter Abu Dhabi Mortgage Market  dubai — Standard Chartered Bank has signed an agreement with Abu Dhabi’s Aldar Properties to offer complete mortgage solutions for their property development in Abu Dhabi.

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.

Illinois home sales off 27%  Sales down 30% in Chicago metro area Home sales in Illinois tumbled 27 percent in August compared to the year-ago month, a trade group reported Wednesday.