Mortgage and Financial News From 2007-8-21 Page 17

Previous Day: 2007-08-20

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

• Stocks end mostly higher on lack of news (AP via Yahoo! News)

  Stocks closed mostly higher Monday as investors appeared relieved that little bad news emerged about risky mortgages and shrinking credit markets. Still, many on Wall Street were still seeking safety, and pressed into shorter-term Treasurys.
  2007-08-21 01:19:08

• SachsenLB Has EU3 Billion in Subprime, Person Says (Update2) (Bloomberg.com)

  Aug. 21 (Bloomberg) -- Landesbank Sachsen Girozentrale, the German state-owned bank getting emergency funding, has about 3 billion euros ($4 billion) in investments linked to U.S. subprime mortgages, according to a person with knowledge of the matter.
  2007-08-21 10:30:36

• America First Tax Exempt Investors L.P. Reports Second Quarter 2007 Financial Results (Business Wire via Yahoo! Finance)

  OMAHA, Neb.----On August 14, 2007, America First Tax Exempt Investors, L.P. , reported its financial results for the second quarter and six months ended June 30, 2007 on the Quarterly Report on Form 10-Q.
  2007-08-20 11:00:00

• Dow Trades Back and Forth And Ends Up Slightly Higher (Washington Post)

  NEW YORK, Aug. 20 -- Stocks closed mostly higher Monday as investors appeared relieved that little bad news emerged about risky mortgages and shrinking credit markets. Still, many on Wall Street sought safety and pressed into shorter-term Treasurys.
  2007-08-21 06:34:56

• Asian stocks extend recovery as global gloom eases (AFP via Yahoo! News)

  Most Asian stock markets rallied for a second straight day Tuesday as fears of credit crisis jeopardising global economic growth continued to recede.
  2007-08-21 09:36:13

• PRESS DIGEST - Wall Street Journal - Aug 21

  Reuters - ... unprecedented set of market circumstances," plans to shut down its struggling GreenPoint mortgage unit -- keeping only pieces of a business valued at $6.3 billion just three years ago. * The Securities and Exchange Commission filed civil-fraud ...
  2007-08-21 05:42:00

• Sub-prime casualties increase in America

  Guardian Unlimited - ... One Financial announced it was scaling back its involvement in home loans by shutting its Virginia-based Greenpoint Mortgage ... Meanwhile, the securities and exchange commission filed fraud charges over the demise of Chicago-based Sentinel Management ...
  2007-08-20 11:01:00

• Biz Buzz

  New York Daily News - Sentinel faces fraud rap The SEC filed civil fraud charges against Sentinel, the cash management firm serving the futures ... Capital One Financial shut its GreenPoint Mortgage unit, eliminated 1,900 jobs and cut its 2007 earnings forecast amid falling ...
  2007-08-21 06:03:00

• SEC Goes After Fund Manager

  Forbes - The subprime mortgage meltdown is now leading to fraud charges. Sentinel Management, a Chicago-area money fund manager that filed for bankruptcy protection Friday, is facing civil charges by the U.S. Securities and Exchange Commission, which says it ...
  2007-08-20 10:25:00

• Federal Justice: Fund the basics

  Seattle Post Intelligencer - That has allowed practitioners of mortgage fraud, identity theft and other crimes what we imagine is the better night's rest from living free of FBI agents showing up with annoying questions, loaded guns and signed warrants. In the case of the ...
  2007-08-20 11:29:00

• Kern County's #1 Marketplace

  Bakersfield Californian - HOMES : Thousands of MLS listings; alerts JOBS : Post your resume; email alerts; job tips WHEELS : Autos, pickups, recreation & more CLASSIFIEDS : Merchandise, furniture & more Life after the fire Ganging up on gangs Ditty about mortgage fraud hits ...
  2007-08-20 11:29:00

• Business briefs

  Chicago Sun-Times - Sentinel accused of fraud, sued by SEC ... Capital One Financial Corp. said Monday it will close its wholesale mortgage unit -- GreenPoint Mortgage -- because of woes in ...
  2007-08-21 08:55:00

• Woman indicted

  Guard Online - United States Attorney Dunn Lampton and Supervisory Postal Inspector Guy Robinson with the United States Postal Inspection Service announced Friday that 10 people have been charged in a multi-million dollar mortgage fraud scheme. Patrick McGee ...
  2007-08-20 06:57:00

• Real Estate

  Daily Business Review - Appraisers also are rejecting comparative sales when they suspect mortgage fraud, Campbell said. Appraisers should be calling brokers to verify sales prices. “In a slower and more competitive market, I think there are more people inclined to commit ...
  2007-08-21 05:42:00

• SEC SLAMS SENTINEL WITH CIVIL FRAUD CHARGE

  New York Post - ... management firm handling $1.6 billion in client assets just several weeks ago, imploded when a multi-month investment fraud ... the fund did not own the amount of corporate debt it advertised, but rather held millions of dollars of floating-rate mortgage ...
  2007-08-21 07:58:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40