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11/18/2008 News For:

Mortgage

Postal Service investigates boss's VIP mortgage   The Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service's governing board said.

Delray Beach man facilitated $5 million in fraudulent mortgage loans, prosecutor tells jury  A Delray Beach man on trial for mortgage fraud used his position as a real estate closing agent to help others land more than $5 million in fraudulent loans, a federal prosecutor told jurors Monday in Fort Lauderdale federal court.

Delray Beach man facilitated $5 million in fraudulent mortgage loans, prosecutor tells jury  Delray man on trial for facilitating $5 million in fraudulent loans A Delray Beach man on trial for mortgage fraud used his position as a real estate closing agent to help others land more than $5 million in fraudulent loans, a federal prosecutor told jurors Monday in Fort Lauderdale federal court.

Mortgage broker gets prison in fraud  A Phoenix mortgage broker was sentenced to 3 1/2 years in prison for bilking seniors.

Mortgage Choice profits hit by housing market slump  Housing finance broker Mortgage Choice says profit in fiscal 2009 is likely to fall by up to 45 per cent on the previous year, in line with analysts? forecasts. Managing director Paul Lahiff said Mor

Slowdown hits Mortgage Choice  HOUSING finance broker Mortgage Choice says its profit will fall by up to 45 per cent in this financial year due to a slowing housing market.

Save on Your Mortgage  AMARILLO -- Interest rates, subprime loans, mortgage insurance -- maneuvering the world of home mortgage's can be tough. In Tuesday night's Smart Money, we have the four best tips to save yourself some cash on your mortgage and pay off your home faster.

Paulson hedge fund buys into mortgage securities  John Paulson, the hedge fund manager who was called before Congress last week to discuss the big profits he made by foreseeing the collapse of the subprime mortgage market, has started to buy securities backed by residential mortgages.

Jury selection begins in mortgage-fraud trial  Jury selection begins in mortgage-fraud trial

Title Insurer Wins Round In Mortgage Fraud   The federal appeals court in Atlanta has given a title insurance company a chance to recover some of the $742,000 it lost in a Georgia mortgage fraud scheme.