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"Liar loans" threaten to prolong mortgage crisis - Newsday
In the mortgage industry they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job and [no] assets." The nation's ...

Get ready for a mortgage maze - Minneapolis Star Tribune
The first time Jeff and Dana Prottas applied for a mortgage they weren't surprised that they might have to jump through a few hoops to get an OK from the bank, so they worked hard to improve their credit score. So when they backed away from a ...

FirstMerit Corporation Announces Quarterly Dividend of $0.29 Per Share - Forbes
AKRON, Ohio, Aug. 21 /PRNewswire-FirstCall/ -- The Board of Directors of FirstMerit Corporation (Nasdaq: FMER) today declared a quarterly cash dividend of $0.29 per share on the Corporation's Common Stock, payable September 15, 2008 to shareholders ...

'Liar loans' may prolong mortgage mess - Reading Eagle
In the mortgage industry, they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for no income, no job and no assets. The nation's ...

Bankers find opportunities - Cincinnati.com
DOWNTOWN - While some lenders are backing out of the distressed home loan market, two local industry veterans are getting back into the business. J. Thomas Booth and Scott A. Greene have launched Keynote Equity, a private mortgage lending firm ...

Pres. Monson celebrates 81st birthday - ksl.com
If I had one wish, then it would be... Well, probably to have my mortgage paid off. I mean, really, he's probably going to have a happy birthday if I wish it on him or not, and if I only had the one wish, it'd be a shame to blow it like that. And ...

Menino wants assurances from developers - Boston Globe
Boston Mayor Thomas M. Menino wants to require developers of large projects to obtain financing before they win permission to dig up the city. His call follows financial problems for two high-profile developments that have already begun construction ...

"Liar loans" go through roof - Denver Post
In the mortgage industry, they are called "liar loans" — mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job and (no) assets." The nation's ...

Councils want power to offer competitive mortgages - Times Online
Council chiefs have called for extra powers to allow them to offer competitive mortgages in an attempt to rescue the housing market. In a letter published in today's Times , they argue that the public sector should be able to help first-time buyers ...

Kansas City area business briefs: Argosy GM promoted - Kansas City Star
Less than a month after knocking a rival off its market perch, Argosy Casino Hotel & Spa general manager Thomas Burke is moving up the corporate ladder. Argosy owner Penn National Gaming said Burke, 52, will be promoted Oct. 6 to senior vice ...

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