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News about Mortgages:
Man guilty of fraud in mortgage scam - Arizona Daily StarA Phoenix man has been found guilty by a Maricopa County Superior Court jury on three counts of felony fraud and one count of theft in a mortgage scheme, Attorney General Terry Goddard said Friday. According to court documents, Delanie Belfield Ross ...
Superior Bancorp to sell shares to the government - Birmingham NewsSuperior Bancorp, the third-largest financial institution based in Alabama, said Tuesday it has received preliminary approval to sell $79.5 million worth of stock to the government as part of the Treasury Department bank rescue package. The ...
Mortgage Broker gets 3.5 years in fraud - Phoenix Business JournalPhoenix mortgage broker Rick Thomas McCullough was sentenced to three-and-a-half years in prison after pleading guilty to securities fraud related to a scam bilking four seniors out of more than $400,000. He also received seven years probation and ...
Fired director of Centro Latino sues nonprofit - Tacoma News TribuneThe former executive director of Tacoma’s leading Hispanic social service agency is suing the nonprofit over her firing last month, Pierce County Superior Court records show. Joy Gomez-Gonzalez claims she was wrongfully terminated even though the ...
GCC Servicing Systems Projects Growth During Financial Crisis - EarthtimesSOUTHFIELD, Mich. - (Business Wire) As the Federal Deposit Insurance Corp. (FDIC) pushes a proposal for mass home loan modifications for troubled borrowers, GCC Serving Systems, a Southfield-based mortgage servicing provider, is positioned to expand ...
TheStar.com | Business | Buyout kings bracing for the blame - Toronto StarAs recently as a year ago, when they were laying out billions of dollars to acquire some of the most familiar names in the corporate world, private equity shops were celebrated for their audacity as firms including Chrysler LLC, Hilton Hotels Corp ...
Sex offender files lawsuit to get off list - Atlanta Journal ConstitutionThe lead plaintiff in a federal lawsuit that seeks to overturn parts of Georgia’s sex-offender registry law is now trying to eliminate her classification as a sex offender. Wendy Whitaker’s status as an offender violates the Constitution’s ...
CWCapital Investments Hires Hugh Hall to Develop Mortgage Investment ... - PR Insidewww.cwcapital.com - CWCapital Investments (CWCI), a full service, commercial real estate investment management firm, announced that it has hired Hugh Hall as Managing Director. Hall will report to CWCI President Charles Spetka, and will be working to ...
Former mortgage broker facing additional charges - Hendricks County FlyerNEW CASTLE — Former mortgage broker Jason Keigley of Indianapolis, is facing six new felony counts involving violations of Indiana’s Loan Broker Act. Keigley, 35, was arrested last week at the Branchville Correctional Facility after continued ...
Religion calendar - Toledo Blade11th Church Anniversary and Pastor’s Appreciation Services, 11 a.m. and 4:30 p.m. tomorrow, Family of Faith Church, 646 City Park. Dinner at 3 p.m. “Getting Around to God,” The Lutheran Hour, 7 a.m. tomorrow, WPOS-FM (102.3) “Thanksgiving to ...
Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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