State Attorney General Michael Delaney confirmed Monday that the FBI investigation of Financial Resources Mortgage Inc. had expanded beyond New Hampshire. Financial Resources closed its doors Nov. 9, as did two other businesses sharing its address. A …
In taking a page straight out of Goldman’s book of horrendous PR, the Federal Reserve, even as its fate is about to start being deliberated tomorrow, has chosen to throw sand in the eyes of all those who claim its days of secrecy must end, and has …
Prosecutors add extra charges to two who are charged in LI mortgage fraud with county legislator, dominatrix and her husband Photo credit: Lisi by James Carbone; Dente by Joseph D. Sullivan | Lawyers Brandon Lisi, left, and Dustin Dente face new …
The Federal Mortgage Bank of Nigeria (FMBN) has blamed poor mortgage financing in the country to bureaucracy and lack of infrastructure. According to the managing director of the instution, Ahmed Abdulsalam, bureaucratic bottlenecks, dearth of basic …
For most of this year, the markets have been discounting an economic recovery. That is, they have been in rally mode in anticipation that the worst is over. While that is likely, all that is left for debate is how meaningful the recovery will be and …
A Jackson man accused of taking part in a scheme to defraud mortgage companies of thousands of dollars may stand trial in Jackson County Circuit Court. District Judge Michael Klaeren bound the case against Freddie Young, 44, over to the higher court …
“We’ve hired folks, we’ve transferred folks within the company and everyone is working overtime. All hands on deck is really the right analogy,” said J.P. Morgan Chase spokesman Thomas Kelly. In October, about 12.4% of the 56 million U.S. households …
NEW YORK – The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows. For the three months ended Sept. 30, 6.25 percent …
FORT MYERS : A few years ago, getting a loan to buy a house was easy. But now, some Southwest Florida homeowners say they feel lucky if they even get someone on the phone about their mortgage, let alone get some solid advice. Anna Jacobs says she was …
WASHINGTON, Nov 17 (Reuters) – The Obama administration created a new task force on Tuesday vowing to crack down on financial fraud following a rise in mortgage scams and high-profile Wall Street trading scandals. President Barack Obama signed an …