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Mortgage In Arizona

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.

Preowned Home Sales In Calif., West Rose In August  Sales of existing homes in the West climbed higher in August versus a year ago, bucking a national trend as buyers snatched up sharply discounted foreclosed properties in California, Arizona and Nevada, according to two reports Wednesday.

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 image as reformer takes a hit  Campaign manager's alleged ties to Freddie Mac call into question the nominee's pledge to curtail lobbying. Charges about the pervasive influence of lobbyists have been constant refrains in the 2008 race, but new reports that a company owned by John McCain's campaign manager received a $15,000 monthly stipend from a major mortgage firm at the center of the credit crisis are clouding the ...

Advocates urge relief for loan fraud victims in Florida  With Florida's mortgage industry reeling from its worst crisis, two statewide organizations are pressing lawmakers to restore a program to reimburse people ripped off by crooked loan brokers.

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.

Arizona economists say mortgage bailout should be quick, focused  The $700 billion bank and mortgage lender bailout proposed by U.S. Treasury Secretary Henry Paulson has prompted calls from some economists for quick action. Some say the focus should be on bad -�� but not all risky loans �� as well as the avoidance political add-ons, while others worry the bailouts will benefit Wall Street and CEOs rather than addressing the housing crisis.

Powerful blast in Georgian separatist city: agencies   A powerful blast in the Georgian separatist region of Abkhazia on Thursday inflicted "significant damage" to buildings, but caused no casualties, Russian news agencies reported, citing officials.

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.

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.