Lee Mortgage Rates and Information Online from competing Lenders

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Bayport man is sentenced for misconduct with minors - Minneapolis Star Tribune
A mortgage broker will spend six months in jail and pay nearly $5,000 in fines for felony sexual abuse and furnishing liquor to minors after admitting that he assaulted friends of his teenage daughter at underage drinking parties. Michael Bergum, 36 ...

Government may soon back troubled mortgage giants - Rapid City Journal
WASHINGTON - The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the ...

Fla. AG: Former subprime exec gets prison term - Forbes
A former vice president for a subprime lender has been sentenced to 18 years in prison for mortgage fraud, racketeering and grand theft. Attorney General Bill McCollum's office said Orson Benn, who worked for Argent Mortgage Co., was sentenced Friday ...

Former mortgage lender gets 18 years - Bradenton Herald
BARTOW - A former vice president for a subprime lender has been sentenced to 18 years in prison for mortgage fraud, racketeering and grand theft. Attorney General Bill McCollum's office said Orson Benn, who worked for Argent Mortgage Co., was ...

Merrill May Fail to Sell Bad Loans to Korea Asset (Update3) - Bloomberg
Sept. 4 (Bloomberg) -- Merrill Lynch & Co. 's talks to sell a ``significant'' amount of bad loans to Korea Asset Management Corp. are faltering because of a dispute over price, the Korean firm's chief executive officer said. ``We have yet to reach an ...

Ambac Rises After Approval to Start Muni Bond Insurer (Update4) - Bloomberg
Sept. 3 (Bloomberg) -- Ambac Financial Group Inc. , the world's second-biggest bond insurer, rose to the highest in six months in New York trading after receiving approval to set up a municipal bond insurer named Connie Lee. Ambac rose 22 percent ...

Unemployment and mortgage delinquencies soar and could get worse - Santa Cruz Sentinel
The nation's unemployment number jumped to a five-year high Friday as mortgage delinquencies rose, stoking fears that America's slumping economy could get much worse before it gets better. The Labor Department reported unemployment soaring from 5.7 ...

Killed by the credit crunch: Father hanged himself after being ... - Daily Mail
A father found hanged after falling behind on his mortgage is likely to be the first of many to take their lives as a result of the credit crunch, a coroner has warned. Karl Harrison, 40, lost his job as a surveyor amid the slowdown in the housing ...

'Fast Money' Recap: Gaming the Fannie Plan - Street.Com
Melissa Lee hosted CNBC's "Fast Money" Friday night. She started the show with a discussion on late-breaking news that the Treasury is planning to backstop Fannie Mae ( FNM - Cramer's Take - Stockpickr ) and Freddie Mace ( FRE - Cramer's Take ...

Evergreen Investments Announces Portfolio Management Changes - MSN MoneyCentral
Fund Existing Portfolio New Portfolio Management Team Management Team Evergreen Adjustable Lisa Brown-Premo Richard Rate Fund Robert D. Rowe Applebach, CFA Christopher Kauffman, CFA Todd C. Kuimjian, CFA Evergreen Core Plus Robert A. Robert A. Bond ...

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