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Home Mortgage Newshome mortgageLenders took possession of 11,300 homes in the third quarter, up from 10,100 in the second despite government efforts to make home repossessions a last resort, the Council of Mortgage lenders said on Friday. The number of homeowners struggling to ... Read moreRepossessions rise as crisis bites - International Herald TribuneRaymond James Financial Inc. wants to be part of the federal government’s $700 billion financial program. The company has applied to participate in the sale of preferred shares to the U.S. Treasury Department through the capital purchase program ... Read moreRaymond James applies for federal funds - Tampa Bay Business JournalA: The Federal Deposit Insurance Corp. estimates 4.4 million borrowers will become delinquent by the end of next year -- not including those backed by Freddie Mac and Fannie Mae. The number of 2007 foreclosure filings was 2.2 million. Fannie and ... Read moreHow many homeowners are facing foreclosure? - Louisville Courier-JournalBut it wasn't Macy's. The girls were at a South Florida flea market where the charity shop Becca's Closet gives used and new gowns to high school students unable to afford one. One mom said her hours as a nurse's aide had been cut. Another whose ... Read moreA lot of belt-tightening is going into homecoming - Detroit Free PressNov. 22 (Bloomberg) -- Community Bank of Loganville, Georgia, was closed by a state regulator, the 20th U.S. bank seized this year as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression. Bank of ... Read moreCommunity Bank of Loganville, Georgia, Shut by State Regulator - BloombergThe six were charged in a 55-count indictment returned by a federal grand jury in Springfield, a news release from Wood's office said. Davis, a former mortgage broker, was the owner of Master Marketing Consultants. The Kassebaums, who are husband and ... Read moreSix people indicted in mortgage fraud scams - News-Leader.comA Carl Junction man is among a half-dozen people named in a 55-count federal indictment charging mortgage fraud. Steven Ray Spencer, 47, was indicted Thursday for his alleged role in a scheme to defraud home mortgage lenders in Christian and Greene ... Read moreMortgage-fraud scheme alleged in court documents - Joplin GlobeThe average rate for a conventional 30-year fixed mortgage on a owner-occupied, single-family home with 20 percent down on Friday afternoon was 6.125, which is down slightly for the week from Monday's rate of 6.25 percent, Sarasota's Sentinel ... Read moreBusiness briefs: Week brings drop in 30-year mortgage - Herald TribuneAccording to court documents, Delanie Belfield Ross, 39, his wife and his brother fraudulently obtained mortgage loans for the purchase of a $3.2 million Paradise Valley home in 1994. To get the loans, they created shell corporations and used ... Read moreMan guilty of fraud in mortgage scam - Arizona Daily StarWhen it comes to ranking some of my biggest financial blunders, getting a fixed-rate mortgage when I purchased my first home is right near the top. "Don't lock in, mate, it never makes sense," I remember a senior columnist at the Financial Post ... Read more |
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