Mortgage and Financial News From 2008-1-5 Page 36

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• Business briefing, January 4 - Rocky Mountain News

  Business briefing, January 4Rocky Mountain News, CO - 11 hours ago$4.2 MILLION PENALTY Former Waste Management Inc. finance chief James Koenig was ordered to pay $4.2 million for committing fraud at the trash-hauling ...
  2008-01-04 06:43:17

• Ex-councilwoman sentenced to prison in mortgage fraud case - NTV

  Ex-councilwoman sentenced to prison in mortgage fraud caseNTV, NE - 11 hours ago(AP) - A former Kansas City councilwoman was sentenced to two months in prison and four months of home detention for mortgage fraud. ...
  2008-01-04 06:47:45

• Sharp rise in unemployment rate US jobs report shows slide into ... - World Socialist Web Site

  Sharp rise in unemployment rate US jobs report shows slide into ...World Socialist Web Site, MI - 9 hours ago... result of years of rampant speculation, compounded by various forms of accounting fraud and predatory lending policies by banks and mortgage companies. ...
  2008-01-04 08:07:55

• Mortgage lenders ordered to pay $99 million in punitive damages - Kansas City Star

  Mortgage lenders ordered to pay $99 million in punitive damagesKansas City Star, MO - 9 hours agoIts former chief executive, Kenneth C. Ketner of Newport Beach, Calif., was sentenced last year to 57 months in prison for mortgage fraud and ordered to ...
  2008-01-04 08:18:02

• Citigroup Customers Get Hit With Their Own Cash Crunch - Wall Street Journal

  Citigroup Customers Get Hit With Their Own Cash CrunchWall Street Journal - 8 hours agoBy DAVID ENRICH Citigroup Inc. is one of the biggest victims of the credit crunch caused by the subprime-mortgage crisis. Some of its customers are ...
  2008-01-04 09:01:04

• Hindus evicted from Epping temple - The Union Leader

  Hindus evicted from Epping templeThe Union Leader, NH - 8 hours agoG&G Epping LLC, a separate entity created by G&G, eventually purchased the property, but the temple has accused G&G of mortgage fraud and argues the ...
  2008-01-04 09:07:02

• Officials Urge Patience in Light of Recent Mortgage Fraud Case - KLAS-TV

  Officials Urge Patience in Light of Recent Mortgage Fraud CaseKLAS-TV, NV - 7 hours agoBut they say he rented out the homes and collected the money -- never making any mortgage payments. That type of mortgage fraud is becoming a large problem ...
  2008-01-04 10:24:15

• House fraud decision rocks industry - Toronto Star

  House fraud decision rocks industryToronto Star,  Canada - 4 hours agoSince both the purchaser and HSBC were unaware of the fraud, the court in June declined to discharge the HSBC mortgage, believing it to be valid. ...
  2008-01-05 01:35:35

• Man Gets 65 Years For Two Attacks (R News)

  A Rochester man will spend 65 years in prison for two separate shootings. Kevin Lewis learned his sentence Friday in Monroe County Court. Lewis was charged with the 2006 murder of Leroy Buggs. Prosecutors say he shot Buggs several times on Dewey Ave. Buggs died five days after the shooting.
  2008-01-04 08:10:45

• Local Obama Backers Hit the Road (R News)

  Following Barack Obama’s win in the Iowa Caucus Thursday, the Illinois senator is getting some Rochester support as he goes for a second victory Tuesday in the New Hampshire primary.
  2008-01-04 08:10:55

• Mortgage lenders ordered to pay $99 million in punitive damages (The Kansas City Star)

  A Jackson County jury Friday ordered three mortgage lenders to pay $99 million in punitive damages to Missouri residents who claimed they were charged illegal fees for second mortgages.
  2008-01-04 08:24:45

• Hindus evicted from Epping temple (New Hampshire Union Leader)

  Temple members are appealing to the New Hampshire Supreme Court; the property was lost due to foreclosure.
  2008-01-04 09:21:27

• AUTOS: Prosecutor in C&A fraud case can stay (Detroit Free Press)

  The lead prosecutor against David Stockman, the former Southfield-based Collins & Aikman Corp. CEO accused of fraud, may remain on the case, a judge ruled in turning aside a codefendant's request that he be removed.
  2008-01-05 12:11:33

• Tips On How To Childproof Your Home (R News)

  Children don't announce when they have mastered a new skill so it is important for you to anticipate where a children's attention will focus next. To do that that, you might have to get down on their level.
  2008-01-05 03:10:50

• American Dialect Society's words and phrases of the year

  International Herald Tribune - Subprime, an adjective used to describe a risky or less than ideal loan, mortgage or investment. _ Most Useful: Green ... Worker abuse is still commonplace in many of the Chinese factories that supply Western companies, according to labor rights ...
  2008-01-05 12:21:00

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