Mortgage and Financial News From 2008-2-15

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• WA's McKenna moves laws on openness, protection - Legal News Line

  WA's McKenna moves laws on openness, protectionLegal News Line, DC - 1 hour agoConsumer-protection laws that progressed include HB 2791 offering protection from mortgage-foreclosure fraud, SSHB 2479 requiring consent to publish ...
  2008-02-15 07:45:54

• Countrywide Agrees to Provide Documents - Houston Chronicle

  Countrywide Agrees to Provide DocumentsHouston Chronicle, United States - 1 hour agoAt a federal bankruptcy court hearing in Pittsburgh, the California-based mortgage lender withdrew a request to limit information sought by Sharon Diane ...
  2008-02-15 07:47:02

• AMI call for 'calm in the mortgage industry' - The Mortgage Provider Online

  AMI call for 'calm in the mortgage industry'The Mortgage Provider Online, UK - 1 hour agoThe Association of Mortgage Lenders (AMI) has called for calm within the mortgage market in light of several recent stories about mortgage fraud. ...
  2008-02-15 07:57:20

• Countrywide agrees to provide documents - Forbes

  Countrywide agrees to provide documentsForbes, NY - 54 minutes agoAt a federal bankruptcy court hearing in Pittsburgh, the California-based mortgage lender withdrew a request to limit information sought by Sharon Diane ...
  2008-02-15 08:05:30

• Earnings roundup: Campbell, Hormel - CNNMoney.com

  Earnings roundup: Campbell, HormelCNNMoney.com - 48 minutes agoPHILADELPHIA (AP) -- Mortgage insurer Radian Group Inc. (NYSE:RDN) said Friday it swung to a loss during the fourth quarter due to a reduction in the value ...
  2008-02-15 08:11:49

• Mortgage brokers welcome FSA investigation - London Stock Exchange

  Mortgage brokers welcome FSA investigationLondon Stock Exchange, UK - 28 minutes agoThe Financial Services Authority's (FSA) report into fraud in the mortgage industry has been welcomed by the Association of Mortgage Intermediaries (AMI). ...
  2008-02-15 08:32:10

• Villa Hills club sues ex-official over theft (The Cincinnati Enquirer)

  COVINGTON - The Villa Hills Civic Club has sued its former treasurer, former president and a former director to recoup money embezzled from the nonprofit organization.
  2008-02-15 02:31:24

• Sentence Lenient In Bribery Case (WDSU New Orleans)

  NEW ORLEANS -- The owner of a Baton Rouge construction company who admitted bribing a politically connected Housing Authority of New Orleans contractor in order to get paid for his company's work at an Algiers complex was fined $5,000 and sentenced to two years of probation by a federal judge.
  2008-02-15 07:15:42

• Fire Damages Legion Post in Phelps (R News)

  In news from Ontario County, a fire damaged an American Legion post in the town of Phelps just before 3 p.m. Thursday. Firefighters say the fire broke out at Legion Post 457 in the air re-circulator near the bar area, and spread to the ceiling.
  2008-02-15 07:58:31

• A Man With a Country, Finally (R News)

  A man without a home - finally has found one. The INS called him stateless. Kenneth Wade has not been a citizen of any country in about 40-years. But all that changed Thursday.
  2008-02-15 07:58:41

• CSX Spending $45 Million on Tracks (R News)

  Recent derailments and mishaps along New York's rail system are going to be costly for CSX. The Florida-based company has agreed to spend $45-million in improvements to prevent accidents like the one last year in East Rochester.
  2008-02-15 07:58:51

• Dimond Kaplan & Rothstein, P.A. is Investigating Auction-Rate Securities Sold by Lehman Brothers, Goldman Sachs, ... (PrimeNewswire via Yahoo! Finance)

  MIAMI, Fla., Feb. 15, 2008 -- The securities law firm of Dimond Kaplan & Rothstein, P.A. announced today that it is investigating claims involving investment losses in auction-rate securities .
  2008-02-15 08:23:31

• Brought to book, by his own words (Merredin Wheatbelt Mercury)

  The family of a murder victim insist O.J. Simpson's book is a confession to the crime, writes Steve Meacham. They only ever refer to him as "The Killer".
  2008-02-15 08:30:06

• MTSU Notifies 1,500 Students Of Possible ID Theft (WSMV Nashville)

  Middle Tennessee State University says personal information of more than 1,500 students may have been stolen from a laptop.
  2008-02-15 08:54:38

• Investment advisers gird for a bump

  Sun-Journal - That was the advice of Don Head of Head and Associates, the investment subsidiary of Androscoggin Bank, which combined with ... pointing out that the decline in jobs in January was the first real confirmation of the the impact of the subprime mortgage ...
  2008-02-15 01:34:00

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