Mortgage and Financial News From 2008-2-17 Page 17

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  • UK government to nationalize Northern Rock - MarketWatch

    UK government to nationalize Northern RockMarketWatch - 1 hour agoBut that may take time because many other financial-services companies in Europe and the US are dealing with their own subprime-mortgage-related losses, ...
    2008-02-17 09:10:46

  • A boom in bankruptcies - Santa Rosa Press Democrat

    A boom in bankruptciesSanta Rosa Press Democrat, CA - 1 hour ago"What you're seeing is the fallout from the mortgage crisis," said David Chandler, a bankruptcy attorney in Santa Rosa. "In case after case after case, ...
    2008-02-17 09:46:33

  • NASA MODIS Image of the Day: February 17, 2008 - The Persian Gulf - Space Ref (press release)

    NASA MODIS Image of the Day: February 17, 2008 - The Persian GulfSpace Ref (press release) - 40 minutes ago220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our site and check out all the fun ...
    2008-02-17 10:16:15

  • Family first in tough marketing times - Financial Times

    Family first in tough marketing timesFinancial Times, UK - 38 minutes agoSpillover from the subprime mortgage crisis is weakening both consumer confidence and the consumer spending – much of it on credit – that has buoyed the US ...
    2008-02-17 10:18:11

  • Foreign superpowers eye Australia - NEWS.com.au

    Foreign superpowers eye AustraliaNEWS.com.au, Australia - 31 minutes agoIn the past 12 months alone, the FIRB has approved Chinese investments totalling almost $5 billion in Australian companies. Two existing Chinese investors, ...
    2008-02-17 10:25:09

  • Practically Used Farm Tractors - Mother Earth News

    Practically Used Farm TractorsMother Earth News, KS - 20 minutes agoBut, it was more important to be mortgage-free than keep a pet tractor. And that's what old tractors are for most of us — pets. ...
    2008-02-17 10:35:58

  • Guarding against sub-prime in the Indian context - Hindu Business Line

    Guarding against sub-prime in the Indian contextHindu Business Line, India - 12 minutes agoDesigning of fancy financial instruments such as mortgage-backed securities (MBS) and collaterised debt obligations (CDOs) in the name of securitisation of ...
    2008-02-17 10:44:13

  • Super-yielders emerge to offer a 10-year opportunity (FT.com via Yahoo! News)

    Amid the welter of gloom from the credit markets last week, it was striking to hear a note of optimism from a veteran London fund manager. Granted, he told me, we might be facing a 50-year Armageddon. Failing that, some parts of the equity market, such as housebuilders and banks, seemed to him to offer a once-in-10 years opportunity.
    2008-02-17 08:50:10

  • Foreign superpowers eye Australia (Daily Telegraph)

    AUSTRALIA has attracted sizeable investments from some of the world's biggest and most established sovereign wealth funds.
    2008-02-17 10:17:00

  • Morgan Stanley CEO Pay Package Is $1.5M (Seattle Times)

    Morgan Stanley on Friday said Chief Executive John Mack received compensation valued at about $1.5 million in fiscal 2007, a year when the investment bank's profit plunged 57 percent.
    2008-02-17 10:20:41

  • Germany's KfW extends IKB bid deadline by one week (EARTHtimes.org)

    FRANKFURT (Reuters) - German state-owned development bank KfW is extending an initial deadline for bids for subprime casualty IKB by at least another week because it gave details of a capital increase late on Saturday, a newspaper reported on Sunday.
    2008-02-17 10:42:36

  • Seniors a prime target of foreclosure 'rescue' scams, panel told

    Palm Beach Post - WASHINGTON — Seniors are being targeted for financial scams resulting from the nation's growing mortgage crisis, the Senate Aging Committee was told. Common types of fraud include: - Title transfer, in which a scammer persuades a homeowner to sign ...
    2008-02-15 12:40:00

  • Page Perry, LLC Adds Experienced Securities Lawyers David Worley and ...

    Forbes - Evangelista, nationally known securities and consumer fraud class action and business tort litigation practitioners, have joined the firm as partners. The pair joins Page Perry as the firm pursues national subprime mortgage and collateralized debt ...
    2008-02-15 12:04:00

  • SW Fla. Seniors Are Targeted for Scams

    The Ledger - Eventually, the company went dark, too, its president locked up in an Arizona prison on securities fraud charges. Scams ... Brasota Mortgage Co. Roughly $137 million was misappropriated in a "pyramid scheme" that involved 1,800 investors, after the ...
    2008-02-17 04:24:00

  • Realtors' culture not tough on fraud

    St. Petersburg Times - Records show that Lance Sutter and Ruth Hersh, agents with Exit-Success Realty, both drastically changed list prices of houses shortly before the houses were sold multiple times, a recognized indication of mortgage fraud. Two of the properties Sutter ...
    2008-02-16 11:59:00

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