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State Attorney General suing several Central Florida companies in mortgage fraud  State Attorney General Bill McCollum said Thursday his office was suing several Central Florida companies over a mortgage fraud scheme in which they allegedly siphoned off millions of dollars from dozens of home mortgage loans.

Mortgage Companies Sued by Attorney General��s Office  The Florida Attorney General's Office is suing 10 companies and 15 individuals for their alleged roles in a major mortgage fraud scheme.

Fannie, Freddie to buy mortgage-backed securities  The regulator of mortgage finance firms Fannie Mae and Freddie Mac said on Friday that it had directed the companies to buy mortgage-backed securities immediately.

$700-billion Wall Street rescue plan sent to Congress  The bill would grant the Treasury secretary expansive new authority to buy troubled mortgage assets, and would raise the government's debt ceiling to $11.3 trillion. WASHINGTON -- The Bush administration this morning formally asked Congress to grant sweeping new powers to the Treasury secretary to buy as much as $700 billion in deeply troubled mortgage-related assets as part of a herculean ...

State Files Suit In Mortgage Case  The Florida attorney general's office has sued 10 companies and 15 individuals for roles they may have played in a $37 million mortgage fraud scheme that involved 60 homes from Orange County to Pinellas County.

Suit alleges large Florida mortgage fraud   ST. PETERSBURG, Fla., Sept. 18 UPI -- Florida prosecutors filed suit against 10 companies and 15 people they say were involved in a $37 million real estate straw mortgage scheme.

Meltdown Ripples Across Hudson  Brokers, developers and analysts in Jersey City said they had reason to be optimistic about the city?s real estate market even after the market downturn.

Down-payment demands rise as mortgage rates drop  The government takeover of Fannie Mae and Freddie Mac has sent mortgage rates tumbling, but many lenders last week also raised the minimum down payment they'll allow on a loan.

BB&T again ranks highest in customer satisfaction among primary mortgage servicing companies   For the second year in a row, BB&T Corporation ranks highest in customer service satisfaction among primary mortgage servicing companies, according to a nationwide study released last week by J.D.

NewsWatch: Paulson sends mortgage plan to Congress  Treasury Secretary Henry Paulson presents his historic mortgage rescue plan to Congress and the two sides will meet throughout the day on on the details.