Mortgage and Financial News From 2007-11-7 Page 5

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• NY subpoenas Fannie and Freddie in mortgage probe (Reuters via Yahoo! News)

  New York Attorney General Andrew Cuomo announced on Wednesday that his office was sending subpoenas to Fannie Mae and Freddie Mac as part of his expanding probe of the home mortgage industry.
  2007-11-07 10:10:22

• Companies settle alleged 'do not call' violations (Los Angeles Times)

  Ameriquest and others will pay nearly $7.7 million, the FTC says, but they admit no wrongdoing. Do Not Call law violation charges against several companies, including Ameriquest Mortgage Co. based in Orange and ADT Security Services Inc., were settled today for nearly $7.7 million, according to the Federal Trade Commission.
  2007-11-07 10:51:12

• Cuomo Widens Investigation to Fannie Mae, Freddie Mac (Update3)

  Bloomberg - Since then he has subpoenaed real estate appraisers Mitchell, Maxwell & Jackson Inc., eAppraiseIT and Vanderbilt Appraisal Co., owned by Terra Holdings; the broker Manhattan Mortgage Co. and credit-rating companies Standard & Poor's and Fitch Ratings ...
  2007-11-07 08:34:00

• Brokers slam AG Fear industry crackdown will cost thousands of jobs

  Boston Herald - If the new rules take effect as currently written and explained by Coakley’s staff, Cuff said they’ll “dramatically affect” the entire mortgage-loan industry and “overnight” could lead to the closure of hundreds of mortgage-broker firms ...
  2007-11-07 01:13:00

• UK small caps close lower; OCZ Technology stays top faller on FY woes

  Forbes - It was a similar story for Charterhouse Communications, 0-1/4 a penny off at 1.125 pence, as it warned it is not certain at this stage it will meet the current year's overall profit expectations, due to uncertainty in the mortgage broker industry ...
  2007-11-07 09:31:00

• Trouble Ahead for Sub-Prime Mortgage Holders

  Lincoln County News - While not requiring documentation, like back-up income tax forms, is attractive to those who piece their incomes together, it also allows them to inflate their earnings, especially if encouraged to do so by a mortgage broker, Lund said. Then when it ...
  2007-11-07 11:11:00

• Mortgage brokers leader accused of sexual assault

  AZCentral.com - A 48-year-old Buckeye mortgage broker and president of the Arizona Association of Mortgage Brokers was arrested Tuesday on suspicion of sexually assaulting a woman, police said. The incident occurred nearly two years ago, but the case against Stanley ...
  2007-11-07 02:03:00

• UK Broker Gains Exclusive Rights to Mortgages in Croatia and Montenegro (PRWeb via Yahoo! News)

  International mortgage broker Frontiers Financial Services (FFS) becomes the only UK firm to offer mortgages in Croatia and mortgages in Montenegro. They also uniquely are offering 100% LTV mortgages in Turkey.
  2007-11-06 11:01:00

• UK Broker Gains Exclusive Rights to Mortgages in Croatia and Montenegro (PRWeb)

  International mortgage broker Frontiers Financial Services (FFS) becomes the only UK firm to offer mortgages in Croatia and mortgages in Montenegro. They also uniquely are offering 100% LTV mortgages in Turkey. (PRWeb Nov 7, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/U2luZy1Qcm9mLU1hZ24tWmV0YS1UaGlyLVplcm8=
  2007-11-07 12:36:01

• Shields, husband not guilty in mortgage-fraud case (The Kansas City Star)

  A federal jury today cleared Katheryn Shields and her husband, Philip Cardarella, of mortgage fraud charges filed last year in the proposed $1.2 million sale of their home. The jury convicted the other two defendants, closing agent Rick Peterson and mortgage broker Monty Kinman, of most of the charges they faced. Kinman had faced 12 counts and Peterson three.
  2007-11-07 07:21:14

• Mortgage brokers leader accused of sexual assault (12 News Phoenix)

  A 48-year-old Buckeye mortgage broker and president of the Arizona Association of Mortgage Brokers was arrested Tuesday on suspicion of sexually assaulting a woman, police said.
  2007-11-07 02:18:04

• Mortgage brokers leader accused of sexual assault (The Arizona Republic)

  Stanley Lund, a 48-year-old Buckeye mortgage broker and president of the Arizona Association of Mortgage Brokers, was arrested Tuesday on suspicion of sexually assaulting a woman, police said.
  2007-11-07 01:11:06

• News Minute: Big loss for GM...Oil prices surge...Iraqis returning

  WDAM-TV - This Week in Weddings Wedding of the Week Ask Carley Planning Ideas & Advice More.. Personals WDAM History Coming up on NBC TV ... Most of it involved an accounting shift along with mortgage losses at GM's former financial arm, GMAC. The loss ends a string ...
  2007-11-07 02:21:00

• Jim Cramer's Stop Trading! Skip AIG

  Street.Com - Cramer says the mortgage insurers are in deep trouble. Stop Trading! Jim Cramer's Stop Trading! Sell PMI 11/2/2007 2:50 PM EDT The ... While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by ...
  2007-11-07 12:44:00

• Dealers in the dark after systems failure

  Times Online - Goldman Sachs reiterated its “sell” advice on Liberty International , the shopping centre developer, after results on ... 13p at 511p, and Royal Bank of Scotland , down 17½p at 438p, were both under attack from shorters over fears about mortgage ...
  2007-11-07 02:39:00

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