Bill McCollum’s, the Florida Attorney General, office is suing four South Florida loan modification companies for allegedly charging homeowners upfront fees to provide foreclosure prevention services.
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Florida Attorney General Bill McCollum announced yesterday that his office obtained a court order temporarily prohibiting a Orlando loan modification company from charging up-front fees for loan modifications.
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On Friday 1st Contennial Bank in California became the third U.S. bank to fail this year. The Banks $676.9 million in deposits will be assumed by First California Bank.
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Magile Cruz was sentenced in federal today for her roll in a multimillion-dollar mortgage fraud scheme.
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Banks and other lenders across the US have been tightening their credit standards and not just on mortgage loans.
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Govenor Frederic Mishkin spoke today at the Tuck Global Capital Markets Conference regarding recent financial disruptions.
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Wendy Topkis, the daughter of Toll Brothers co-founder and Vice Chairman Bruce Toll, is walking away from a Florida condo.
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An executive of The Hartford told Florida lawmakers today that the group would need five or six more years of strong profits to recoup losses from 2004 and 2005 hurricane seasons.
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A national home price gauge released today showed that prices of existing single-family homes recorded their biggest annual drop in October.
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According to government data released today the FHA secure program released by President George W. Bush in August has helped just 266 borrowers since it’s creation.
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