Tag Archives: Investigation

Interesting Housing News Links (May 06, 2009)

* Stocks surge as S&P 500 erases losses for the year (Gatehouse Media, The Independent)

* Is recession on the wane? (Jeannine Aversa, Courier-Journal)

* Subprime lobbyists in $370m battle (Edward Luce, The Financial Times)

* Senate moves toward easing mortgage terms (Anne Flaherty, Muscatine Journal)

* Editorial: Predatory lending bill needs to be refined (Gatehouse Media, Evening Times)

* View of the Day: Markets make feverish recovery (Kevin Gardiner, The Financial Times)

* Urban Policy (The Brian Lehrer Show: Wednesday, 29 April 2009) (Public Radio, WNYC)

* House prices have fallen by �45000 from peak Halifax says (Harry Wallop, Telegraph)

* Fed chief: Economy to revive in ’09 (Jeannine Aversa, Columbus Dispatch)

* L.I. POL TOOK CASH FOR CONTRACTS (Kieran Crowley, New York Post)


FBI Ramps Up Fraud Probes (Barron’s)

A short story by Brent Kendall at Barron’s.

The number of probes by the Federal Bureau of Investigation into corporate fraud and mortgage fraud is growing by the month.

Read the whole article

Interesting Housing News Links (February 13, 2009)

* Mortgages drop to lowest level since 1974 says CML (Myra Butterworth, Telegraph)

* Shorn of the Dead (Andrew Stuttaford, National Review)

* EuroMPs attack Spanish laws affecting expat homeowners (Telegraph)

* CDS report: Germany weighs on sentiment, Air France swings into loss (The Financial Times)

* Seacoast condo sales hit rock bottom in January (Portsmouth Herald)

* Agents seize contents of Phoenix bank box connected to huge mortgage-fraud case (Denny Walsh, Sacramento Bee)

* Euro zone GDP dips 1.5% (Reuters America)

* Foreclosures surge in reeling Illinois (Chicago Sun-Times)

* Former CFO initially believed in a financial turnaround for HomeGold (Greenville News)

* BofA, Chase, Citi all suspend foreclosures (Philadelphia Business Journal)

Interesting Housing News Links (February 11, 2009)

* Nightmare on Main Street (Sydney Morning Herald)

* Portland man guilty of mortgage fraud (Tampa Bay Business Journal)

* Calif. fraud suspect caught with $70,000 in boots (Don Thompson)

* California mortgage fraud fugitive caught with $70,000 in shoes (Don Thompson)

* Fraud-case fugitive caught in Spain (Denny Walsh, Sacramento Bee)

* Obama foreclosure plan may not be enough

* Government takes action on several fronts to fight recession (David Espo-)

* Cincy cop fleeced widow (Dan Horn, Kentucky Enquirer)

* Sacramento fraud fugitive caught with $70,000 in shoes (Denny Walsh, Sacramento Bee)

* FBI investigating 530 corporate fraud cases (Newsweek)

Interesting Housing News Links (February 7, 2009)

* Immorality and greed (Lancaster New Era)

The year 2008 was a year of despair for many people in our nation. Many people lost their jobs and others lost their homes to foreclosures. People who saved for retirement have seen their savings go down as much as 50 percent.

* Man admits drug plot (John Futty, Columbus Dispatch)

A Galena man risks life in prison after agreeing yesterday to a plea deal in which he admitted selling drugs, some of which were financed through mortgage fraud.

* Real-estate agent gets 41 months in prison in mortgage-fraud case (Houston Business Journal)

Real estate agent Linda Edwards was sentenced Friday to up to three years and five months in federal prison and ordered to pay nearly $800,000 after her conviction in a mortgage fraud case.

* Barnegat man admits cruelty in deaths of 64 animals (Press of Atlantic City)

BARNEGAT TOWNSHIP – A township man who left 64 animals to die in his foreclosed home last April has pleaded guilty to animal cruelty.

* Flood insurance: Better safe than sorry (Daily Record)

KITTITAS CONTY Kittitas Countys January floods served as a wake-up call to many area residents living in flood-prone areas.

Continue reading

Interesting Housing News Links (February 5, 2009)

* Case of bad timing – for Granite Bay burglary suspects (Bill Enfield, Sacramento Bee)

* Homestead developer sued over Chinese drywall (Business Journal Charlotte)

* Federal HOPE program has helped few homeowners (Bloomberg News)

* Strange times, strange solutions: Just stay put (Lauren Beale, Los Angeles Times)

* More Call for Probe on Financial Crisis (Susan Schmidt, Wall Street Journal)

* Banks borrow more from Fed, investment firms less (Jeannine Aversa-)

* House prices ‘up 1.9% in January’ (BBC News)

* Falling land values sinking developers and banks in Florida (Atlanta Business Chronicle)

* Minnesota AG, lawmakers target reverse mortgages (Star Tribune)

* Bomb will hit real estate market as ARMs reset (News Tribune)