Property Finance (June 29-July 5): Many Opportunities To Commit Fraud (CoStar Group)
CDO Creators Seek Redemption, and Profits, From Mortgage Market (Bloomberg.com)
Welcome to the Mortgage Business (La Prensa San Diego)
Bank of America purchases Countrywide Financial (Banking Business Review)
African Americans in D.C. bear burden of subprime mortgage crisis, report finds (The Washington Examiner)
More News

 
 
 
 
Property Finance (June 29-July 5): Many Opportunities To Commit Fraud (CoStar Group)

In this week's issue: Shorenstein ups debt investments; Mortgage price returns go negative; Who knew mortgage fraud was so easy; Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months. Shorenstein...

CDO Creators Seek Redemption, and Profits, From Mortgage Market (Bloomberg.com)

July 2 (Bloomberg) -- Money managers including TCW Group Inc. and Harding Advisory LLC that topped the list of firms behind the most toxic mortgage securities have raised more than $4.3 billion to invest in home-loan debt.

Welcome to the Mortgage Business (La Prensa San Diego)

Congratulations!!! You are now a partner with the Bank of America and Countrywide Financial. Never mind that you were responsible and did not buy a home you could not afford.

Bank of America purchases Countrywide Financial (Banking Business Review)

Bank of America has completed its purchase of Countrywide Financial, a holding company, which is engaged in mortgage lending and other real estate finance-related businesses through its subsidiaries.

African Americans in D.C. bear burden of subprime mortgage crisis, report finds (The Washington Examiner)

African-Americans in Washington are living on the knife's edge of the subprime mortgage crisis, a city government study has found.

Toys 'R' Us to push 'Clone Wars' (The Record)

WAYNE – Toys "R" Us Inc. announced Tuesday it has entered into a promotional partnership with Lucasfilm Ltd. that will give it exclusive products and marketing opportunities related to the new animated Star Wars movie, "Star Wars: The Clone Wars."

Free Times - Ohio's Premier News, Arts, & Entertainment Weekly (Cleveland Free Times)

Editor's Note: A former account executive for the nearly bankrupt Novastar Financial Inc. and a former mortgage broker at the now-defunct Equity Consultants, an independent mortgage brokerage firm once in Richfield, spoke to the Free Times on the condition of anonymity.

Business & Finance (Times of Malta)

'Works of art' cars by Monaco Elite Creations UCIM Co Ltd, local agent for Fiat and Alfa Romeo, has been appointed the exclusive representative for Monaco Elite Design. The company said Monaco...

The World Pays the Cost of the US Mortgage Crisis (Dar Al-Hayat)

No doubt that the ever increasing global oil price is the international community's main issue, especially that projections show that it will continue to swell to levels that even the richest or most modern of economies, or emerging countries' funds, will be unable to withstand.

Obama Bypassing Public Finance - Overview - Obama's Finance Chair (Kansas City InfoZine)

Obama's donor base, it is far more vast than any candidate has ever amassed. His bigger donations early on helped him get the larger number of smaller donations later.

 
 
 

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