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home mortgage loans News
SEC May Curb Credit-Rating Conflicts, Delay New Mortgage Grades - Bloomberg
Dec. 2 (Bloomberg) -- The U.S. Securities and Exchange Commission may act to curb conflicts of interest at credit-rating companies while delaying a mortgage-bond ranking proposal faulted by underwriters, two people familiar with the matter said. SEC ...
Read more...Trusted Industry Names Form Due Diligence Alliance - Businesswire.com
MONTGOMERY, Ala.--( BUSINESS WIRE )--Two seasoned due diligence executives said Tuesday that they have created a new due diligence firm, Hall Underwriting and Consulting, LLC (HUC) with the intent to revolutionize the process in which mortgages are ...
Read more...Bad Mortgage Tally Could Jump Next Year - US News and World Report
While this year has been painful enough, 2009 is expected to be even worse for mortgage delinquencies , according to a recent report. Adjustable-rate mortgages made during the housing boom are projected to trigger a surge in the number of consumers ...
Read more...Bush administration ignored mortgage crisis warnings - Rocky Mountain News
Damage from the housing crisis includes this foreclosed house in Denver. By the end of June, a record 9 percent of American homeowners were in foreclosure or behind on their mortgage. The Bush administration backed off proposed crackdowns on no-money ...
Read more...Real estate agent gets 7-year sentence - Denver Business Journal
Englewood real estate agent Arvin Weiss was sentenced Tuesday to seven years in federal prison after a federal jury in Denver convicted him of fraud and witness tampering in what authorities called a sophisticated scheme to cheat mortgage companies ...
Read more...Lenders' mortgage rationing claim - BBC News
Michael Coogan, director general of the Council of Mortgage Lenders (CML), said there were fewer active lenders - and with less money. He suggested that mirroring 2008 lending levels next year would be "a real challenge". Small institutions are set ...
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