Mortgage and Financial News From 2007-10-10 Page 3

Previous Day: 2007-10-09

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• Another agent implicated in alleged property scam

  Stuff - The real estate company at the centre of an alleged multimillion-dollar mortgage scam which has rocked the Auckland real ... Everyday you wake up there is incompetence, more silliness and in this case, alleged fraud," Cosgrove said on Radio New ...
  2007-10-10 06:56:00

• ISO Acquires HealthCare Insight, Leading Provider of Fraud Prevention ...

  PR Inside - Coyne continued, "ISO has firmly established leadership positions as a provider of fraud detection services in two of the key markets we serve -- property/casualty insurance and mortgage lending. HCI will now provide ISO with significant fraud and ...
  2007-10-10 06:06:00

• Strickland offers up state-subprime compact

  Columbus Business Journal - Mortgage pros leaving market amid upheaval [Mpls./St. Paul] Group aiming to reduce mortgage fraud [Austin] Ameriquest sued for unpaid rent after closing Rancho Cordova office [Sacramento] Chase right prescription for Walgreens [Houston] Two Chase ...
  2007-10-10 01:49:00

• Colonial Savings Selects Interthinx ® Proven Risk Mitigation

  Market Wire - AGOURA HILLS, CA--(Marketwire - October 10, 2007) - Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention, and regulatory compliance tools for the mortgage industry, has integrated its loan-level fraud ...
  2007-10-10 03:00:00

• Mortgage Default - The Questionable Worth of Federal Regulation

  National Ledger - This year the Network has compiled figures on mortgage-loan fraud. For this purpose it matters little, if at all, whether one limits the definition of “fraud” to legal fraud or mere massive misrepresentation. The point is that fraud reports ...
  2007-10-10 03:57:00

• Mortgage fraud appears again

  Times Online - Organised crime syndicates have been targeting residential and commercial property in increasingly sophisticated mortgage frauds using corrupt or compromised professional advisers, experts are warning. They fear that the predicted slow-down in house ...
  2007-10-08 05:54:00

• SFO investigates multi-million dollar mortgage fraud claim

  New Zealand Herald - The Serious Fraud Office is investigating claims that real estate agents and developers have been involved in a multi-million dollar mortgage scam. The scam involved one of Auckland's biggest real estate companies, Barfoot and Thompson. The company's ...
  2007-10-10 01:41:00

• Agents Believe Loan Officer Tried To Flee State (KCRA TheKCRAChannel.com via Yahoo! News)

  There are new developments in the federal government's ongoing case of alleged mortgage fraud.
  2007-10-10 04:04:01

• S&P says underestimated extent of mortgage fraud (Reuters via Yahoo! Singapore News)

  MUMBAI, Oct 9 - The chief economist of Standard and Poor's said on Tuesday that the ratings agency had underestimated the extent of fraud in the U.S. mortgage industry.
  2007-10-09 12:11:39

• Probe into multi-million dollar mortgage fraud claim (NZPA via Yahoo!Xtra News)

  The Serious Fraud Office is investigating claims that real estate agents and developers have been involved in a multi-million dollar mortgage scam.
  2007-10-10 11:57:42

• In Washington, a pair of plans to help homeowners

  Minneapolis Star Tribune - Other members are mortgage counseling agencies, investors and large trade organizations, and Paulson urged more mortgage service companies to join the effort. "We need greater participation if we are going to get to all those that need help as quickly ...
  2007-10-10 05:31:00

• UPDATE 1-Treasury's Paulson-GSEs can help ease mortgage woes

  Reuters - The GSEs -- mortgage finance companies Fannie Mae and Freddie Mac -- could usefully take on more credit risk, but any changes to the congressionally chartered firms' roles should be accompanied by more oversight, Paulson said. "The things that they ...
  2007-10-10 12:16:00

• Earnings May Spook the Street

  BusinessWeek - That includes questions about the mood of American consumers, the state of the housing market, and the effects of credit and mortgage issues. For this reason, companies' guidance for the fourth quarter and for 2008 may matter far more than the third ...
  2007-10-10 05:52:00

• White House to help mortgage-holders

  CNN Money - He said that 11 of the largest mortgage service companies, representing 60 percent of all mortgages in the country, had agreed to join the new coalition. Other members will include mortgage counseling agencies, investors and large trade organizations ...
  2007-10-10 12:23:00

• Having another crack at online mortgages

  Financial Standard - As business models go, one of the all-time worst may be selling home loans on the internet. Countless online mortgage companies have come and gone. The big banks with active direct mortgage sales arms report that the contribution those businesses ...
  2007-10-10 04:48:00

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