Mortgage and Financial News From 2008-2-10 Page 54

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• One in 4 bills poses a conflict - Deseret News

  One in 4 bills poses a conflictDeseret News, UT - 1 hour agoHe introduced a mortgage fraud bill. • Rep. Gage Froerer, R-Huntsville, a real estate broker, introduced four bills dealing with real estate law. • Rep. ...
  2008-02-09 11:18:45

• How could so many people afford homes at peak of boom? - Santa Rosa Press Democrat

  How could so many people afford homes at peak of boom?Santa Rosa Press Democrat, CA - 36 minutes agoIt is illegal for borrowers to lie on a mortgage application. But federal and state authorities said they are more likely to go after systematic fraud by ...
  2008-02-09 11:51:54

• No clear predictions how hedge funds will do in '08 - Deseret News

  No clear predictions how hedge funds will do in '08Deseret News, UT - 26 minutes agoWhile not required to register or report to the Securities and Exchange Commission, they are subject to fraud prohibitions and their managers have fiduciary ...
  2008-02-10 12:02:07

• Thieves taking advantage of abandoned rural homes - Stockton Record

  Thieves taking advantage of abandoned rural homesStockton Record, CA - 25 minutes agoThe former owners, farm-labor contractors Rafael and Lourdes Guzman, pled guilty last summer to insurance and tax fraud relating to their business and were ...
  2008-02-10 12:02:51

• Mortgage crisis addressed - Inland Valley Daily Bulletin

  Mortgage crisis addressedInland Valley Daily Bulletin, CA - 21 minutes agoThey were greeted by a panel of experts who provided advice on financial counseling, predatory lending and fraud. The panel was put together by Rep. ...
  2008-02-10 12:07:35

• SEC eyes subprime disclosure, valuation (AAP via Yahoo!7 News)

  The US financial watchdog is investigating how banks, credit rating firms and lenders valued securities that ultimately led to the subprime crisis.
  2008-02-09 09:39:31

• SEC eyes subprime disclosure, valuation (The West Australian)

  The Securities and Exchange Commission is investigating how banks, credit rating firms and lenders valued and disclosed complex mortgage-backed securities that ultimately led to the subprime crisis.
  2008-02-09 09:44:57

• State officials chase tax delinquents (Long Beach Press-Telegram)

  Tax cheats cost California as much as $6.5B per year.
  2008-02-09 10:13:00

• No clear predictions how hedge funds will do in '08 (Deseret Morning News)

  Even a "go anywhere" investment can go down. Many of those freewheeling investment partnerships known as hedge funds, which logged an average gain of 10 percent last year, have suffered losses of 5 percent or more in early 2008.
  2008-02-09 11:32:20

• Slow and steady wins investment race, financial adviser says (The Journal News)

  For seven years, Ian Yankwitt appeared in courtrooms across New York City and Westchester County as a public defender. It was his job to represent indigent clients charged with drug offenses, securities fraud, firearms violations, child pornography and other crimes.
  2008-02-09 11:40:49

• One in 4 bills poses a conflict (Deseret Morning News)

  One of every four bills introduced in the current Legislature creates an apparent conflict of interest for sponsors, a Deseret Morning News review shows.
  2008-02-10 12:04:30

• Mortgage crisis addressed (Inland Valley Daily Bulletin)

  ONTARIO - The mortgage crisis is affecting residents nationwide, but it may be most pressing in California, specifically the Inland Empire.
  2008-02-10 12:17:52

• Deductions, credits can lead to big savings for savvy tax filers

  Baton Rouge Advocate - Small deductions here, a credit there, a bit of help for homeowners caught in the mortgage crisis — all add up to tax ... sure you know all of the deductions you’re entitled to, the credits you can claim,” said Maggie Doedtman, client advice ...
  2008-02-09 09:58:00

• Brokers can offer advice on selling

  Arlington Heights Daily Herald - Q. We are planning to move this year. We bought our house 40 years ago. Things seemed much simpler then: We didn't have a house to sell and you went to your bank for your mortgage. Now, things seem more complicated. We just don't know what to do ...
  2008-02-09 01:59:00

• Repossessions rise more than 20 per cent to eight-year high

  Scotsman - Lenders must take more responsibility and work with the Scottish and UK Governments to urgently set up a free, confidential advice service to help the growing numbers of homeowners hit by mortgage arrears." The CML said it was difficult to forecast ...
  2008-02-09 04:08:00

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