Mortgage and Financial News From 2008-5-13 Page 2
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FBI Cites Spike in Mortgage Fraud - CBS News
FBI officials tell CBS News that there are currently more than 1,300 active investigations into mortgage fraud. That number has also been on the rise in recent years as the crisis has grown, with open investigations increasing 47% from 2006 ...
2008-05-13 04:06:00 -
House/condo renters latest victims of foreclosure crisis (Orange County Register)
People renting homes, condos and townhouses find themselves out on the street after the owners fail to pay the mortgage.
2008-05-13 03:24:17 -
Mortgage scams on rise, fraudsters net millions in US: FBI (Straits Times)
WASHINGTON - FRAUDSTERS netted hundreds of millions of dollars through mortgage scams last year, and the trend was likely to continue as the US housing market slumps even further, the FBI said Tuesday.
2008-05-13 03:26:13 -
FBI Cites Spike in Mortgage Fraud (CBS News)
A newly released FBI report details a sharp increase in foreclosures and mortgage fraud in 2007.
2008-05-13 03:30:03 -
FBI warns of growing fraud in slumping housing market (WSYR 9 Syracuse)
The FBI says cases of mortgage fraud jumped by more than 30 percent in the fiscal year that ended last September.
2008-05-13 03:41:49 -
FBI warns of growing fraud in slumping housing market (The Kentucky Post)
WASHINGTON (AP) - The FBI says cases of mortgage fraud jumped by more than 30 percent in the fiscal year that ended last September. The bureau says there were more than 46,000 cases of suspected mortgage fraud from October 2006 through September 2007 at a cost of more than 813 million dollars.
2008-05-13 03:45:41 -
FBI: Beware of mortgage fraud (CNN Money)
FBI officials Tuesday disclosed complaints of mortgage fraud are piling up at record levels this year, and appear certain to shatter last year's record.
2008-05-13 03:45:49 -
News from the Pennsylvania General Assembly (Centre Daily Times)
TUESDAY, MAY 13, 2008
2008-05-13 04:45:42 -
FBI: Fraud Increasing In Poor Housing Market (WFTV 9 Orlando)
The FBI said cases of mortgage fraud jumped by more than 30 percent in the fiscal year that ended last September.
2008-05-13 04:50:02 -
FBI warns mortgage fraud is increasing (MSNBC)
The sinking U.S. housing market is fertile ground for mortgage fraud, the FBI warned in a new report.
2008-05-13 04:52:03 -
PMI reports $274 million loss in first quarter - MSN MoneyCentral
Mortgage insurer the PMI Group Inc. lost $274 million in the first quarter. A year ago it had a profit of $102 million in the same quarter. Revenue during the quarter, which ended March 31, was $315.9 million, up from $294.5 million a year ago in the ...
2008-05-12 09:12:00 -
Realtors(R) Press Congress to Jumpstart Housing Stimulus Legislation - Forbes
WASHINGTON, May 13 /PRNewswire-USNewswire/ -- Dick Gaylord, president of the National Association of Realtors(R), today urged Realtors(R) to make their voices heard on Capitol Hill this week as they press legislators to quickly enact housing ...
2008-05-13 03:23:00 -
News Five Investigates: Insurance Crisis - WKRG
Joe Klingensmith and Mary Forrest have spent many sleepless nights trying to figure out how they'll deal with their homeowners insurance. When Joe bought their 3000 sq. ft. home in Daphne's Lake Forest Subdivision, he didn't have any problem paying ...
2008-05-13 02:55:00 -
8 Financial Essentials for Today's Economy (KTRE-TV East Texas)
Gas prices are up. Food prices are rising.
2008-05-13 03:47:22 -
Alliance Bankshares Reports 1st Quarter 2008 Results (wallstreet:online AG)
Alliance Bankshares Corporation (97152;NASDAQ:ABVA) today reported first quarter results. We had a net loss
2008-05-13 04:04:05