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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.
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.
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.
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 ...
U.S. MBA's Mortgage Applications Index Dropped 11% Last Week Sept. 24 -- Mortgage applications in the U.S. fell last week as higher borrowing costs and tougher lending rules hurt purchases and refinancing.
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.
Rates rise, mortgage applications fall: MBA Applications for mortgages decrease a seasonally adjusted 10.6% last week compared to a week earlier, while interest rates on fixed- and adjustable-rate mortgages rise, Mortgage Bankers Association data show.
Mortgage collapse inquiry widened Federal investigators have expanded their broad investigation into the collapse of the subprime mortgage market to include Fannie Mae , Freddie Mac , Lehman Brothers and AIG ��� four companies at the heart of the current market turmoil.
Get Married to Your Mortgage Although "till death do us part" is a solemn vow we take in marriage, expecting we'll live happily ever after with our betrothed, we ought to be adding that to our mortgage contracts too.
Mortgage experts and economists disagree on chances of 'mortgage meltdown' happening in Canada Merrill Lynch Canada says we could be headed for a mortgage meltdown, similar to the one that has devastated the United States economy. However, one local mortgage expert says we are more stable than ...
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