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South Dakota Mortgage

Record year for property returns in South Dakota   The South Dakota treasurer's office reported record activity in its unclaimed property division. It said $2.5 million in unclaimed property was returned to South Dakotans in the fiscal year ending June 30.

Southbury couple charged with embezzling $250,000 from mortgage lender  SOUTHBURY — A wife and husband were charged Thursday with conspiring to embezzle about $250,000 from Northeast Mortgage Corp. on Main Street South, police said.

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.

Home sales, prices down in South   Existing home sales in the South dropped nearly 19 percent in August from a year ago, while the median sales price dropped 3.4 percent to $176,500, the National Association of Realtors reported 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.

Russian TV channel avoids ban for airing 'South Park': report   A Russian channel under fire from prosecutors and religious groups for airing "South Park" and "The Simpsons" kept its license Wednesday, RIA Novosti news agency reported, citing an official involved in the decision.

Mortgage customers' data stolen, warns National Bank  National Bank says mortgage customers should be extra vigilant about suspicious activity in their accounts after a laptop was stolen from the company's Montreal head office.

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.

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.

Gas-panicked South running on fumes, fear  Experts say panicked buyers worsen gas shortages in South Ten days after Hurricane Ike struck and hit fuel supplies, nationwide, motorists motivated by panic are worsening gas shortages in the South. The Tribune's Dahleen Glanton reports from Roswell, Ga.