Mortgage and Financial News From 2008-2-21 Page 3

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• Ch 11 judge mulls mortgage lender fees

  Boston Globe - WILMINGTON, Del.— Amid mounting allegations of abuse by big lenders, a federal judge has indicated he is leaning toward to reining in mortgage companies that have been foreclosing on consumers who brought their home loan payments up to date while ...
  2008-02-20 03:54:00

• Northern Rock scraps 'high-risk' Together mortgages

  Guardian Unlimited - ... value of their home. From midnight last night customers seeking to borrow up to 125% of the value of their homes using a mixture of personal loan and traditional mortgage under the Together brand would be told it was no longer available, the lender ...
  2008-02-21 06:24:00

• Banks Lose to Deadbeat Homeowners as Loans Sold in Bonds Vanish

  Bloomberg - That's when Washington Mutual Inc. first tried to foreclose on his home in Boca Raton, Florida. The Seattle-based lender failed to prove that it owned Lents's mortgage note and dropped attempts to take his house. Subsequent efforts to foreclose have ...
  2008-02-21 09:23:00

• Hard times, or a golden opportunity? New mortgage companies risk slow market, hope for big score (Today's News-Herald)

  It would seem that now would not be the most opportune time to open a mortgage company. In headline after headline, words like meltdown, crisis and mess have been used to describe the lending sector’s current state of affairs.
  2008-02-21 06:57:44

• Court hands house to man who hasn't paid his mortgage for 15yrs (Daily Mirror)

  Court hands house to man who hasn't paid his mortgage for 15yrs
  2008-02-21 08:03:29

• Faces of Foreclosure (WPRI Providence)

  In Providence and throughout the country people are losing their homes in record numbers. It's the American dream, gone bust. Until recently, it was easy to get home loans but many are now re-setting at higher rates and people just can't keep up.
  2008-02-21 08:27:58

• Firefighters Rescue Residents, Pet In Dangerous Fire (KFOX 14 El Paso)

  An El Paso family lost its home to a massive fire Thursday evening, but the family members and their pets survived. Slideshow: Firefighters Save Pets From Burning Home
  2008-02-21 08:37:36

• Alleged Auto Burglar Caught Red-Handed, Police Say (KFOX 14 El Paso)

  LAS CRUCES, N.M. -- An auto burglary suspect was caught in the act Tuesday night by the car's owner, investigators said.
  2008-02-21 08:52:36

• Another Sheriff Deputy Has Items Stolen (KFOX 14 El Paso)

  A Dona Ana County sheriff's deputy had his weapon, ammunition and bulletproof vest stolen from his unmarked unit while it was parked in front of his home in the La Union area.
  2008-02-21 08:52:46

• Countrywide in Crosshairs as Mortgage Crisis Fuels Litigation (Law.com)

  Fortune 250 GCs who also serve as litigation chiefs, is facing huge lawsuits on all fronts from disgruntled investors and shareholders to mortgage customers and government regulators.
  2008-02-21 09:10:11

• Those scary-sounding housing stats don't tell whole story (The Nashua Telegraph)

  By MARCIE GEFFNER ...
  2008-02-21 09:12:32

• People Crossing Illegally Face Greater Dangers (KFOX 14 El Paso)

  EL PASO, Texas -- The Border Patrol has a warning for people who try to come into the U.S. illegally from Mexico to El Paso. The agency said water levels in the Rio Grande and in local canals are expected to rise, because water's being released from Elephant Butte Lake.
  2008-02-21 09:22:36

• Recipient E-mail

  DailyTech - Someone who is very poor has little invested interest in society and it's laws (let alone in bettering themselves) ... Education in particular tends to lead to less violent crime, less occurrences of STDs, and lower teen pregnancy rates.
  2008-02-18 03:57:00

• This Week

  Asheville Citizen-Times - W2 forms from all employers; 1099 forms for Social Security, pensions, interest ... This is a CD release concert for “Round My Door.” Cost is a $10 donation at ... The Buncombe County animal shelter continues to see a drop in euthanasia rates and ...
  2008-02-19 08:42:00

• Arnold's Advice for McCain

  Slate - Not while Charles Kaiser is alive! Kaiser, who first (as far as I know) pointed out that Kurtz has the worst conflict of interest in journalism-- Kurtz covers CNN while being "well compensated" by CNN for hosting a media show-- updates his anti-Kurtz ...
  2008-02-20 03:54:00

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