WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting a sharp drop in U.S. housing prices would send the …
SALINEVILLE – Recently hired Fiscal Officer Robert C. Roach was among several people sued two years ago by then-Attorney General Marc Dann for violating consumer protection laws. Basing the lawsuit on the high number of foreclosures in Ohio, Dann …
Do you have an opinion on whether or not pre-paid legal is a product worth purchasing? I’m not mad about pre-paid legal. But a lot of folks who recommend and advocate it don’t like me very much, because I tell people it’s a bad idea. Here’s why: Pre …
If Creigh Deeds has any sense, he will distance himself from President Obama’s personal extravagance – pronto! Taxpayer, campaigning is not on your elected employee’s job description, yet Obama and his entourage just made two junkets to Alexandria in …
Latest Stories Fearing fraud, challenger may quit Afghan presidential runoff Mortgage crisis shows why financial regulation is needed Mystery: Why did Goldman stop scrutinizing loans it bought? McClatchy blogs » Afghanistan Journal » Planet …
MIAMI — South Florida’s housing boom cratered fast and, like the epicenter of an earthquake, left a trail of destruction in its wake. But in the aftershocks of plummeting home prices, unemployment and continuing foreclosures, some professionals and …
Like many people doing or considering a mortgage modification, David L. of Oakland wonders how it will affect his credit score. Unlike most people in this situation, David has never missed credit payments and has a very high FICO score of 810. But …
The owners of Stuy-Town have halted apartment rentals after a court ruled against them when it said it was improperly charging market rates. The Deal Pipeline : The owner of the 11,000-plus apartment development has put a moratorium on renting …
MORTGAGE lender GMAC has been stung by a £10.5 million bill for ripping off struggling borrowers who fell into arrears. GMAC, which is part of giant American firm General Motors, was ordered to repay a total of £7.7 million in unfair or excessive …
– $24,652,000 class I-A1 ‘AAA’, Outlook Stable; — $43,591,000 class III-A1 ‘AAA’, Outlook Stable. This transaction consists of three offered groups. Fitch did not rate Group II. Each group is a resecuritization of ownership interest in certain …
