Co-defendant in mortgage fraud scheme pleads guilty
Wednesday Dec 2 | via The Southampton Press
A Stony Brook attorney pleaded guilty in Suffolk County Criminal Court in Riverside on Tuesday to his role in a multimillion-dollar mortgage fraud scheme targeting the East End that authorities say was run by former County Legislator George Guldi of Westhampton Beach. Comment?
Plainview Man Pleads Guilty to Mortgage Fruad
Wednesday Dec 2 | via Long Island Press
Written by Patrick Kelton on Dec 2nd, 2009 and filed under Long Island News , News . Comment?
Guldi co-defendant pleads guilty to mortgage fraud
Tuesday Dec 1 | via Empire State News
Ethan Ellner entered a plea of guilty in County Court, Tuesday, on charges stemming from the indictment wherein Ellner, George Guldi, a former Suffolk County Legislator and others were charged with grand larceny, conspiracy and scheme to defraud in regards to a multi-million dollar mortgage fraud scheme. Comment?
Monday Nov 30 | via Daily Business Review
The foreclosure action brought by IndyMac Bank came before Suffolk County Supreme Court Justice Jeffrey A. Spinner as the result of a state law mandating pre-foreclosure settlement conferences between lenders and borrowers of subprime home loans. Comment?
Or we may walk until the daylight, maybe
Tuesday Nov 24 | via The Sideshow
Judge voids mortgage : " A Suffolk judge awarded a Long Island family their East Patchogue house, wiping the slate clean on their mortgage debt and ruling that the bank holding their home loan had acted in a manner 'so completely devoid of good faith that equity cannot be permitted to intervene on its behalf.' In a terse, no-holds-barred decision ... Comment?
Ellington's Vranos to bet $208M IPO on mortgage bonds
8 hrs ago | via News Times
Old Greenwich-based Ellington Financial LLC, run by Michael Vranos' hedge-fund firm, plans to sell as much as $208 million in stock to buy mortgage-backed bonds after the biggest housing bust since the Great Depression knocked down prices. Comment?
Carney Freezing Bank of Canada Rates in Housing Boom...
9 hrs ago | via Bloomberg.com
Bank of Canada Governor Mark Carneya s pledge to freeze record-low borrowing costs through June may be raising the chances of a bubble in home prices even as it helps the economy recover from its first recession in 17 years. Comment?
Paradise Lost for Wealthy Resort Novice
12 hrs ago | via StartupJournal
Close See a sample reprint in PDF format. Order a reprint of this article now REAL ESTATE By KRIS HUDSON ANGUILLA, British West Indies -- Robert Sillerman amassed a billion-dollar fortune buying and selling media and entertainment companies. Comment?
Buffalo is 17th in a oebang for bucka study
18 hrs ago | via Residential Real Estate
The Buffalo area truly delivers bang for the buck. So says the latest issue of Forbes magazine , which ranks 100 major metropolitan areas based on their general affordability and economic potential. Comment?
The Corcoran Group Launches Interactive Real Estate ...
Sunday | via Natl. Relocation & Real Estate
The Corcoran Group, one of New York City's largest residential real estate firms, announced the official release of a real estate app the company developed for the Apple iPhone. Comment?
Shoals still in path of Wall Street regulations
5 min ago | via KSLA-TV Shreveport
Sweeping regulations to tame Wall Street and protect consumers in dealings with lenders are on the verge of passing the House but their fate is hardly sealed. Comment?
Obama takes on joblessness with plan to boost small ...
9 min ago | via Canadian Business Magazine
Heading into Tuesday's speech, Obama suggested he might turn to unspent money in the massive federal bailout program to fund job growth. Comment?
Citigroup's Pandit Said to Push for Agreement This W...
10 min ago | via Bloomberg Business News
Citigroup Inc. Chief Executive Officer Vikram Pandit is pressing the U.S. Treasury Department and regulators to agree as soon as this week on a plan to pay back $20 billion remaining from a government bailout, people familiar with the matter said. Comment?
House prices 'up for fifth month'
10 min ago | via BBC
House prices have risen for the fifth month in a row, says the Halifax, one of the UK's biggest mortgage lenders. Comment?
11 min ago | via Arkansas Online
Brokera s sentence wona t be extended A federal appeals court on Monday dismissed a request to open a hearing into extending the prison sentence of mortgage broker Nelson Miller, who was convicted in January 2008 of fraud and conspiracy to commit fraud. Comment?