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No improvement in spring housing market forecast
SOUTH BEND — Homes usually hit the market this time of year, but local realtors believe this year will be another challenge. More foreclosures are expected to hit, and there's no improvement in the housing market forecast either.
Granger...Tags: Human Interest, Mortgages, Career and Workplace, Real Estate, Unemployment
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Key House Republican praises Obama housing plan
WASHINGTON (AP) — The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday. The GOP chairman of...Tags: Spencer Bachus, Human Interest, Florida, Republican Party, Barney Frank
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Guilty plea prepared in mortgage fraud involving former South Bend cop
A mortgage broker has admitted guilt in a mortgage fraud scheme led by a former South Bend police officer.
At a hearing set for Tuesday, Steven D. Kronewitter, 49, will plead guilty in U.S. District Court to bank fraud, according to recently filed...Tags: Ethics, Trials, Prisons, Crimes, Homes
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Company that planned Sorrento solar farm will be liquidated
A federal judge has appointed a receiver to take over management and begin liquidation of the troubled solar company BlueChip Energy, which had plans to install a massive solar farm in Sorrento. U.S. District Judge John Antoon II appointed a receiver as...
Tags: Justice System, Judges, Crime, Law and Justice, Economy, Business and Finance, Lake Mary
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Homeowners still underwater as aid runs out
Orlando resident Jose Polanco considered himself lucky when he was one of the few chosen to receive mortgage assistance from Florida's billion-dollar Hardest Hit Fund. The unemployed computer-repair technician said he is thankful the program recently...
Tags: Poinciana, Inventories, Finance, Orange County (Florida), Apopka
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Ex-Virginia bank executives guilty in financial crisis case
Reuters(Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday of conspiracy to commit bank fraud and other charges in connection with a scheme to conceal loan losses that contributed to the bank'...Tags: U.S. Department of Justice, Finance, Loans, Prosecution, Justice System
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New York claims more proof of bank mortgage abuses
ReutersNEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp , Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. Schneiderman -...Tags: Litigation, Justice System, Wells Fargo & Co., Crime, Law and Justice, Banking
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From death row, Freemansburg cop killer fights foreclosure
George Hitcho Jr. may be on death row for killing a Freemansburg police officer, but he'd like to have a home to return to if he ever gets out. Facing mortgage foreclosure on the New Street property where he shot Robert A. Lasso in the back of the head...
Tags: Northampton (Bethlehem, Pennsylvania), Judges, Prisons, Laws, Philadelphia (Philadelphia, Pennsylvania)
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Battling a Motion to Strip or Motion to Value in Bankruptcy Court
Blog Sponsored by Taylor & Carls, P.A. The association has finally obtained its foreclosure judgment for nonpayment of assessments. A sale date has been set. Then, the owner files bankruptcy. What does the association then do? Historically, and...Tags: St. Petersburg (Pinellas, Florida), Mortgages, Financially Distressed Companies, Tampa, Orlando
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MOVES-Morgan Stanley, JPMorgan Chase, HSBC Holdings
ReutersMay 23 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. MORGAN STANLEY The bank's head of fixed income, Ken deRegt, is retiring from the...Tags: Parties and Movements, HSBC Holdings plc, Morgan Stanley Dean Witter & Company, Politics, Goldman Sachs Group, Inc.
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Insurance agent accused of inventing clients for commission money
Ray Hamper didn't actually exist, but neither did Jim May or Kelly Kern. In fact, none of the dozens of names listed on 139 phony insurance policy applications filed by Frederick Edward Tanner were real, state fraud investigators said. Tanner, a...
Tags: AFLAC Inc., Economy, Business and Finance, Finance, Business, Insurance
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Average US rate on 30-year mortgage rises to 3.59 pct.; 15-year up to 2.77 pct.
AP Business WriterWASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery....Tags: Money and Monetary Policy, Economy, Business and Finance, Credit Ratings, Mortgages, Finance
Mar 9, 2011
|Story| WSBT-TV
Mar 1, 2011
|Story| WSBT-TV
Jan 14, 2011
|Story| South Bend Tribune
May 25, 2013
|Story| Orlando Sentinel
May 25, 2013
|Story| Orlando Sentinel
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Allentown Morning Call
May 24, 2013
|Story| Orlando Sentinel
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| South Florida Sun-Sentinel
May 23, 2013
|Story| AP Broadcast
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