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Wyoming Mortgage

Mortgage firm fined over lost ��2m  A mortgage firm has been fined ��1.12m after failures resulted in hundreds of borrowers suffering losses of ��2.3m.

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.

Brothers admit to million-dollar mortgage fraud   Federal prosecutors say two Virginia brothers have pleaded guilty in a million-dollar mortgage fraud scheme. Twenty-nine-year-old Mohammed Rababeh of Vienna and 31-year-old Ahmed Rababeh of Haymarket pleaded guilty Wednesday to conspiring to commit bank fraud.

Ahead of the Bell: Mortgage Giants   The new leaders of mortgage finance companies Fannie Mae and Freddie Mac are scheduled to make their initial appearance on Capitol Hill to detail management plans for the companies now under government control.

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.

Using favorable tax treatment to blunt nation's mortgage crisis  AS the federal government debates the details of a plan to bail out corporations devastated by the mortgage crisis, taxpayers wonder how...

Mortgage rates rise in wild week  The wild week in Washington and on Wall Street was wicked on mortgage rates, too. They went up. The benchmark 30-year fixed-rate mortgage rose 16 basis points, to 6.32 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.

Q: What's the difference between a mortgage application fee and a loan origination fee?  A: The application fee covers the lender's initial costs to process your application and in some cases includes the cost of the property appraisal and credit report, according to the Mortgage Bankers Association.

Mortgage lender fined ��1.12 m  A mortgage lender has been fined ��1.12 million by the City watchdog for failings which led to borrowers losing ��2.3 million. The Financial Services Authority said the fine on GE Money Home Lending was the first it had ever imposed on a mortgage lender in relation to its lending processes.

Former mortgage loan officer pleads guilty to fraud scheme  A 25-year-old woman pleaded guilty in federal court yesterday to participating in a mortgage fraud scheme and faces up to five years in prison and $250,000 in fines.