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Search 1) News For: Virginia Mortgage

Va. man sentenced in mortgage fraud scheme   A mortgage broker from Norfolk has been sentenced to four years in federal prison in a mortgage fraud case involving a home in northern Virginia.

Fickle Mortgage Market Demands Quick Decisions  Just about anyone who cares knows that interest rates on a 30-year, fixed-rate mortgage have dropped recently.

Regulators shut down Ameribank in West Virginia   Federal regulators have shut down Ameribank Inc., a small bank in West Virginia, saying it overextended loans for the rehabilitation of distressed properties.

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.

ID theft reported by mortgage company  Home mortgage lender Countrywide Financial Corp. has notified some local residents, warning them that their personal information, including Social Security number, allegedly was stolen from its files and may have been sold.

Regulators shut down Ameribank in West Virginia  WASHINGTON: Federal regulators have shut down Ameribank Inc., a small bank with five branches in West Virginia and three in Ohio, saying it overextended loans for the rehabilitation of distressed properties.

U.S. regulators shut down Ameribank in West Virginia saying it overextended loans  WASHINGTON - U.S. regulators have shut down Ameribank Inc., a small bank in West Virginia, saying it overextended loans for the rehabilitation of distressed properties.

FACTBOX - Key facts on U.S. Treasury's proposed mortgage fund  Reuters - The Bush administration is proposing sweeping authority for the U.S. Treasury to buy up to $700 billion of mortgage assets, in a bid to end financial carnage on Wall Street.

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.

Va. man sentenced in mortgage fraud scheme   Associated Press - September 19, 2008 1:33 PM ET ALEXANDRIA, Va. - A mortgage broker from Norfolk has been sentenced to four years in federal prison in a mortgage fraud case involving a...