Mortgage and Financial News From 2008-6-29 Page 01
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Aaron Dare, girlfriend indicted on mortgage fraud charges - WXXA
The former president of Albany's now defunct Urban League is facing more legal troubles, as the Albany County DA indicts him and his girlfriend on mortgage fraud charges. Former Albany Urban League President Aaron Dare is now facing more charges in ...
2008-06-28 06:18:00 -
The candidates' plans for the mortgage crisis - Detroit Free Press
MORTGAGE FRAUD: Create a Justice Department task force to investigate criminal wrongdoing in the mortgage industry, and offer assistance to state attorneys general investigating abusive lending practices.
2008-06-28 11:47:00 -
Area Realtors warn of mortgage 'rescue' scams (The Courier News)
For a homeowner facing the frightening threat of possible foreclosure, the offer seems too good to be true. A "mortgage rescue" company steps forward, claiming to be able to help them save their credit and their home.
2008-06-29 02:08:38 -
National cemetery refuses vet's burial (San Diego Union-Tribune)
RIVERSIDE – The family of a veteran awaiting burial at Riverside National Cemetery had to find a new grave site because police believe he killed his wife before he died in a car crash, authorities said.
2008-06-29 03:09:27 -
Law is true calling for 'Survivor' alum (Seattle Post-Intelligencer)
Nick Brown is a Harvard Law School graduate, former Army officer and now a federal prosecutor. But it's for his appearance on "Survivor" seven years ago that, much to his chagrin, people remember him.
2008-06-29 08:57:06 -
Merged firms settle into new downtown site (The Post and Courier)
Prominent and longstanding firms that have offices on Broad Street in downtown Charleston have a fresh-faced neighbor.
2008-06-29 09:05:52 -
Starting Tuesday, Treasure Coast grow houses face tougher laws (TCPalm.com)
Starting Tuesday, growing marijuana indoors in Florida will become a much riskier business.
2008-06-29 09:17:19 -
'Nightmare' of files worries DA's office (BizJournals)
A million real estate files that county law enforcement officials say may be needed to prosecute mortgage cases could be destroyed.
2008-06-29 09:27:49 -
Oil rises above $141 on weak dollar, Israel-Iran tensions - Times of India
PERTH: Oil rose over $1, back above $141 a barrel, on Monday bolstered by a weak US dollar and continuing tensions between Israel and Iran over Tehran's nuclear programme that had helped oil hit a record near $143 last week. US light crude for August ...
2008-06-29 06:52:00 -
Rate hikes, inflation hit sentiment - Sify
The Reserve Bank of India (RBI) raised the repo rate by 50 basis points (bps) and the cash reserve ratio (CRR) by 50 bps last week to fight surging inflation expectations. Inflation as measured by the wholesale price index (WPI) came in at 11.42% for ...
2008-06-29 08:47:00 -
Yen Heads for Biggest Drop Against Euro in Five Years on Rates - Bloomberg
June 30 (Bloomberg) -- The yen headed for its biggest quarterly decline against the euro in five years on speculation the Bank of Japan will keep interest rates on hold, while the European Central Bank prepares to raise borrowing costs. Japan's ...
2008-06-28 05:56:00 -
Commodities: The Tipping Point? - BusinessWeek
by Ben Steverman As oil ascends above $140 per barrel, the hot—some say overheated—commodities market has become Topic A on Wall Street and Main Street. Lawmakers worry about manipulation and excessive speculation. Market participants debate the ...
2008-06-29 08:47:00 -
Dollar hits 3-week low vs euro as oil, stocks weigh - Guardian Unlimited
The battered stock market and worries over the credit market scaled back expectations for how soon the Federal Reserve could boost interest rates, even after the central bank said inflation risks have risen and kept interest rates on hold last week.
2008-06-29 08:25:00 -
Dollar opens at four-week high - News.com.au
THE Australian dollar opened at its firmest level in four weeks today as expectations of a European interest rate rise weighed down the US currency. At 7am AEST, the Australian dollar was trading at $US0.9611/14, up from Friday's close of 0.9589/91 ...
2008-06-29 06:52:00 -
Canara Bank raises prime lending rate by 50 bps - Reuters India
MUMBAI (Reuters) - State-run Canara Bank has raised its benchmark prime lending rate by 50 basis points to 13.25 percent with effect from Tuesday, it said in a statement. However, the interest rates on automobile loans and home loans have been left ...
2008-06-29 08:47:00