Mortgage and Financial News From 2007-9-27 Page 10

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• UPDATE 2-Rep. Barney Frank mulls mortgage reform - document

  Reuters - WASHINGTON, Sept 27 (Reuters) - Mortgage servicers would bear some liability for failing loans and some broker incentives would be banned under a bill being drafted by the head of the U.S. House Financial Services Committee, according to an outline ...
  2007-09-27 03:30:00

• Man accepts deal in mortgage fraud (Gazette Extra Sports)

  A third suspect in Walworth County's largest mortgage fraud investigation has admitted swindling six mortgage lending companies out of more than $2.9 million through 13 bogus sales of 12 properties.
  2007-09-27 09:34:45

• FTSE 100 movers: Mortgage bank revival continues (ShareCast via Yahoo! UK & Ireland Finance)

  Mortgage banks have continued to rally. Northern Rock is up on bid hopes and the others on the news that all had declined to take up the Bank of England's offer of £10bn of emergency funding.
  2007-09-27 05:05:06

• Rock and bluegrass provide sountrack to Edwards trip

  Fosters Daily Democrat - ... had invested in Fortress Investment Group after learning that 34 New Orleans homeowners faced foreclosure by subprime mortgage companies owned by the equity firm, a company that paid him nearly half a million dollars last year for consulting advice. ...
  2007-09-27 02:04:00

• IPO Digest: Plane leasing firm fails to fly

  Stockhouse Canada - Forthcoming IPO from mortgage vulture fund could reflect a broader market view. The Initial Public Offering calendar is ... decision in relation to these articles or stocks discussed in them without first obtaining independent investment advice ...
  2007-09-27 12:52:00

• Mortgage borrowers not 'credit crunched'

  MyFinances.co.uk - Mortgage Angels Take the leg work out of mortgage and remortgages. Get free mortgage advice today from your local advisor. Get mortgage advice
  2007-09-27 12:57:00

• Two thirds of financial advisers fail standards test

  Guardian Unlimited - In April and May this year, eight Which? researchers posed as individuals who had received an inheritance of around £30,000 and wanted advice on the best place to put it. They had savings of £3,000, a mortgage and a personal loan. Which? visited 40 ...
  2007-09-27 07:30:00

• Securities and Exchange Commission inquiry looks for conflicts in ...

  International Herald Tribune - ... Banking Committee on Wednesday, the chairman, Christopher Cox, said the commission was examining whether the credit agencies had "compromised their impartiality" when they simultaneously rated various mortgage-backed securities and provided advice to ...
  2007-09-27 05:14:00

• Bestselling Offset Mortgages Guide Published by the Offset Mortgage ...

  24-7PressRelease.com - The Offset Mortgage Centre, a UK-based provider of free finance and mortgage advice, announce the publication of their guide to bestselling offset mortgages. /24-7PressRelease/ - ST NEOTS, UK, September 27, 2007 - The Offset Mortgage Centre, a UK ...
  2007-09-26 11:52:00

• Inside the mind of an adviser

  CNN Money - What's tougher to figure out is something that's not printed on a business card or fee schedule: the motives behind your planner's advice. An adviser, after all, isn't a robot. Just like you, he has a mortgage to pay and children to send to college ...
  2007-09-27 02:04:00

• Credit rating agencies are busy with conflicts of interest causing mortgage market turmoil (Pravda Ru)

  Credit rating agencies were accused of being hampered by conflicts of interest that may have contributed to the mortgage market turmoil rattling investors worldwide.
  2007-09-26 03:33:14

• UK Aug mortgage approvals slow to 61,051 vs 66,965 July - BBA (The Forex Market)

  LONDON (Thomson Financial) - Mortgage approvals for house purchases dropped in August, both in number and in value, according to figures from a leading group of banks.
  2007-09-27 02:20:55

• State Investigates Mortgage Company's Shutdown (WGAL 8 Susquehanna Valley)

  LANCASTER, Pa. -- Three Pennsylvania agencies have begun investigations into the shutdown of a Berks County-based mortgage company that has left hundreds of local homeowners with higher than expected mortgage payments, putting some of them in danger of foreclosure.
  2007-09-27 05:46:47

• Council warning on right to buy (BBC News)

  A council advises tenants to seek advice after claims are made over a mortgage company's representatives.
  2007-09-27 10:51:58

• Bestselling Offset Mortgages Guide Published by the Offset Mortgage Centre (PRWeb)

  The Offset Mortgage Centre, a UK-based provider of free finance and mortgage advice, announce the publication of their guide to bestselling offset mortgages. (PRWeb Sep 27, 2007)
  2007-09-27 12:05:19

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