Mortgage and Financial News From 2008-1-24 Page 10

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• Monopoly mortgages: Explaining refinancing - WFAA

  Monopoly mortgages: Explaining refinancingWFAA, TX - 3 hours ago"Most people out there are in the low-to-mid-sixes,” says mortgage broker Tommy Summers. “They thought they were set for life with that rate, ...
  2008-01-24 05:00:37

• Underfunded Homeowner Groups Cause Problems - NBC 17.com

  Underfunded Homeowner Groups Cause ProblemsNBC 17.com, NC - 3 hours agoNow that the time has come, Venita Peyton, a broker with Greater Raleigh Real Estate, said she has concerns for the future of Broadlands. ...
  2008-01-24 05:16:17

• Stocks In Focus For Friday - FOXBusiness

  Stocks In Focus For FridayFOXBusiness - 3 hours ago(ETFC) reported a $1.7 billion fourth-quarter net loss as the discount broker was hit by the slumping value of mortgage-related securities it held. ...
  2008-01-24 05:25:26

• Banks need trading scandal like a hole in their accounts - Financial Times

  Banks need trading scandal like a hole in their accountsFinancial Times, UK - 2 hours agoMary Schapiro, chief executive office of the Financial Industry Regulatory Authority, the US body overseeing broker-dealers, yesterday said: "It is quite ...
  2008-01-24 05:52:53

• Kids' Online Posts Getting Parents In Trouble - CBS 11

  Kids' Online Posts Getting Parents In TroubleCBS 11, TX - 2 hours ago"They may be talking about how their father is losing a job and perhaps a neighbor who's the mortgage broker for the father isn't aware that the father's ...
  2008-01-24 06:25:43

• Federal Judge tosses lawsuit by Norfolk couple who lost home - The Virginian-Pilot

  Federal Judge tosses lawsuit by Norfolk couple who lost homeThe Virginian-Pilot, VA - 1 hour agoBy Michelle Washington A federal judge has dismissed a lawsuit in which a couple claimed a home mortgage broker tried to trick them out of their house. ...
  2008-01-24 07:30:13

• SocGen fraud hits investor mood in Asia - China Post

  SocGen fraud hits investor mood in AsiaChina Post, Taiwan - 1 hour ago"Investors booked profit on concern that global equities could slip again," said a dealer with broker Prabhudas Lilladher. At Thursday's close, the Sensex ...
  2008-01-24 07:33:40

• Arlington real estate appraiser sentenced to 5 years for fraud - Dallas Morning News

  Arlington real estate appraiser sentenced to 5 years for fraudDallas Morning News, TX - 48 minutes ago... really high prices and then running down of prices in this market compared with others," said Gary Akright, an independent mortgage broker in Dallas. ...
  2008-01-24 07:56:48

• Foreman: Grand Jury Wants to Make Presentation on Medina ... - Law.com (subscription)

  Foreman: Grand Jury Wants to Make Presentation on Medina ...Law.com (subscription), CA - 40 minutes agoWe will give them the information we have uncovered," says Ryan, a real estate broker in Houston. Ryan says the grand jurors, as credible citizens, ...
  2008-01-24 08:04:59

• Lower interest rates tempt Dallas homeowners to refinance - Dallas Morning News

  Lower interest rates tempt Dallas homeowners to refinanceDallas Morning News, TX - 16 minutes agoGary Akright, president of Dallas-based mortgage broker Dominion Mortgage Corp., said he recently helped one couple save more than $119 a month by ...
  2008-01-24 08:29:21

• Maine Realtors Hoping For 2008 Turnaround (WCSH 6 Portland)

  PORTLAND (NEWS CENTER) -- Maine real estate brokers are hoping the housing market will improve this year. The Maine Real Estate and Development Association presented its annual forecast for the year ahead Thursday.
  2008-01-24 05:10:18

• Kids' Online Posts Getting Parents In Trouble (CBS 11 Dallas/Fort Worth)

  Kids are prone to spilling secrets on the internet. But now some are paying a high price for their children's online posts, losing their jobs and even getting arrested.
  2008-01-24 06:35:12

• Federal Judge tosses lawsuit by Norfolk couple who lost home (The Virginian-Pilot)

  NORFOLK A federal judge has dismissed a lawsuit in which a couple claimed a home mortgage broker tried to trick them out of their house. The lawsuit was transferred to federal court after it was filed in Norfolk Circuit Court last year. Marion and Vivian Johnson had said they sought help fr ...
  2008-01-24 07:30:03

• Arlington real estate appraiser sentenced to 5 years for fraud (Dallas Morning News)

  An Arlington real estate appraiser has been sentenced to five years in prison after participating in what U.S. Attorney Richard Roper called a widespread North Texas home scam that cost Countrywide Home Loans millions of dollars.
  2008-01-24 08:12:59

• New York billionaire accused in 2nd lawsuit of sex with minor (Naples Daily News)

  A teenage girl filed a $50 million lawsuit against a well-known New York billionaire on Thursday, saying he sexually abused her when she was 14. His attorneys deny the allegations and said the case is about money.
  2008-01-24 08:29:39

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