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

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  • Edwards to accept public campaign funds

    Boston Globe - In August, Edwards divested roughly $16 million he 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 ...
    2007-09-27 04:13:00

  • Five Lessons From the Mortgage Meltdown

    Street.Com - Mortgage defaults rose, liquidity for securitization disappeared, mortgage companies failed and home builders were stuck with too much inventory. So what can investors learn from this history? Here are five key takeaways to benefit investors in the ...
    2007-09-27 09:18:00

  • LOGS Network Chooses CSC's Mortgage Default Management Software (FinanzNachrichten)

    EL SEGUNDO, Calif., Sept. 27 /PRNewswire/ -- Computer Sciences Corporation ( Nachrichten ) today announced that LOGS Network, a national group of commonly owned and centrally managed law firms and trustee companies providing real-estate-related legal and title services, has chosen CSC's EarlyResolution mortgage default software-as-a-service solution for its recently launched home retention ...
    2007-09-27 07:05:03

  • LOGS Network Chooses CSC's Mortgage Default Management Software (The San Francisco Examiner)

    EL SEGUNDO, Calif. ( Map ) - Computer Sciences Corporation (NYSE: CSC ) today announced that LOGS Network, a national group of commonly owned and centrally managed law firms and trustee companies providing real-estate-related legal and title services, has chosen CSC's EarlyResolution mortgage default software-as-a-service solution for its recently launched home retention assistance business.
    2007-09-27 10:41:52

  • E*Trade Warns of Earnings Drop on Mortgage Woes (Financial Planning.com)

    September 18, 2007- Investors worried about the extent of their subprime mortgage exposure can expect a better understanding in the coming months as companies start to report their quarterly earnings.
    2007-09-27 02:30:16

  • Milan shares close flat; Italcementi gains offset Banco Popolare fall ...

    Forbes - One broker said the market should not be surprised by the weak US housing data this afternoon, given subprime mortgage worries in the last month or so. Italcementi was up 3.30 pct to 15.83 eur, bouncing back after recent worries on prospects for ...
    2007-09-27 10:36:00

  • San Diego Mortgage & Real Estate, Inc. is hiring experienced Real ...

    WebWire - Mark Revetta, Owner / Broker of San Diego Mortgage & Real Estate, Inc. ( www.sdmre.net ) is looking to add to his experienced office. "It’s a buyers market now and we’re gearing up for the new influx of buyers that will need purchase Loans, as ...
    2007-09-27 06:47:00

  • Checking in? - Council looking for public input on hotel issue

    Derby Daily Reporter - Wagner says to think of the city like a mortgage broker in this transaction. “The city has no responsibility to pay the bonds,” she said. “We won’t even collect payment for the bonds or follow up to make sure the developer is paying them.” ...
    2007-09-27 12:38:00

  • Paying home loan biweekly can save thousands

    Boston Online - The mortgage broker is offered an incentive, typically $300, to "sell" the program to his customers. The sales pitch typically focuses on the ability to accrue equity faster, saving thousands of interest dollars, maintaining a better credit rating ...
    2007-09-25 05:55:00

  • Keeping brokers honest

    Georgia Straight - In an interview with the Straight, independent mortgage broker Ingrid Faisal noted that commissions paid to brokers by lending institutions are fairly similar. She explained that an "independent" broker would therefore try to negotiate for the best ...
    2007-09-27 09:11:00

  • Four Homestead candidates have arrest records

    Miami Herald - Ramiro Orta, a 27-year-old mortgage broker who is running for the Keys Gate Council seat, was arrested on an aggravated assault charge in 2005 after striking another man in the head with a bottle of Malibu rum. Orta plead no contest to a lesser ...
    2007-09-26 11:59:00

  • Builder Enchanted Homes ceases operation

    Herald Tribune - Enchanted is also linked to a Tampa mortgage broker involved in the $110 million mortgage meltdown that forced Bradenton-based Coast into a fire sale. Coast Financial Holdings Inc., the bank's parent, said borrowers were not paying off 24 loans valued ...
    2007-09-27 10:51:00

  • Build an extension into home costs

    Daily Telegraph - Miranda John, manager of Savills Private Finance International, the overseas division of the mortgage broker, said: "The cost of buying property overseas can be an unpleasant shock if you haven't done your homework beforehand. "The extra costs must be ...
    2007-09-27 09:39:00

  • Man accepts deal in mortgage fraud

    Janesville Gazette - As the mortgage broker, Lytle made between $3,000 and $20,000 per sale and shared proceeds with other scheme participants, according to his plea. Martin's plea does not say what he made from the scheme, but Kraft said the two were essentially the ...
    2007-09-27 08:56:00

  • Cops: Father stole toddler's identity to buy car

    Newsday - Hendrickson, a self-employed mortgage broker, was taken into custody in East Islip Wednesday afternoon, and was to be held overnight at the Third Precinct for arraignment in First District Court, Central Islip. The Suffolk Police Identity Theft Unit ...
    2007-09-27 01:14:00

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