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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.

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.

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.

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.

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 ...

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.

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.

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