Mortgage and Financial News From 2007-11-20 Page 19

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• Fitch Rates Banc of America Commercial Mortgage Inc., Series 2007-4 (Business Wire via Yahoo! Finance)

  CHICAGO----Banc of America Commercial Mortgage Inc., series 2007-4, commercial mortgage pass-through certificates are rated by Fitch Ratings as follows:
  2007-11-20 10:13:00

• Fitch Rates $171.77MM RFMSI Mortgage Pass-Through Ctfs, Series 2007-S9 (Business Wire via Yahoo! Finance)

  NEW YORK----Fitch Ratings has assigned the following ratings to Residential Funding Mortgage Securities I, Inc.'s mortgage pass-through certificates, series 2007-S9:
  2007-11-20 10:58:00

• One million homeowners face a 60 per cent jump in mortgage rates (Evening Standard)

  More than a million homeowners face a jump in mortgage payments of up to 60 per cent when their cheap fixed-rate deals end.
  2007-11-19 11:44:29

• UK says tax authority mislaid details of 25 mln people

  Guardian Unlimited - The Treasury is now involved in negotiations to find a buyer for the mortgage lender which still depends on the government for ... The tax authority has already taken a lot of criticism in recent years for its handling of tax credits and VAT fraud.
  2007-11-20 08:40:00

• Barnes & Noble, Biovail, Pulte Homes, Sasol: U.S. Equity Movers

  Bloomberg - ... for U.S. home loans said its third-quarter loss almost tripled as rising home foreclosures sliced the value of its mortgage ... The U.S. health insurer whose offices were raided last month by fraud investigators was raised to ``sector outperform ...
  2007-11-20 09:44:00

• Darling Says 25 Million Child Benefit Records Lost (Update1)

  Bloomberg - Households will be protected under the banking code in the event of fraud, he said. ``I regard this as an ... The Newcastle, England-based mortgage lender faced the first run on a bank in a century when a surge in credit costs forced it ...
  2007-11-20 08:32:00

• Britain loses 25 million confidential records

  News.com.au - ... incident, said Chancellor Alistair Darling, already on the ropes over a crisis involving the bail out of battered mortgage ... and Customs, Paul Gray, who only took up the role eight months ago after his predecessor quit over multimillion-pound fraud ...
  2007-11-20 10:20:00

• UK govt mislays personal details of half the nation

  CNBC - ... accused Prime Minister Gordon Brown's Labor government of laying 25 million people open to identity theft and bank fraud ... The finance minister, already under fire for the crisis at mortgage bank Northern Rock, which suffered Britain's first bank ...
  2007-11-20 09:58:00

• Data lost by Revenue and Customs

  BBC UK News - But then they sent it all to the wrong person. Identity fraud expert Julian Evans told the programme that with the details, someone could easily have applied for a credit card, loan or mortgage in Eric's name. They could even access his bank ...
  2007-11-20 10:41:00

• Business Minute: Home building rise not seen as turnaround...Freddie ...

  Idaho8.com - The departure comes as H&R Block has been hurt by rising loan defaults at its subprime mortgage lending unit, Option One Mortgage. Ernst will be replaced as chairman by Richard Breeden, a former chairman of the Securities and Exchange Commission. ...
  2007-11-20 06:16:00

• Sentence for mortgage fraud includes restitution

  Pine Bluff Commercial - LITTLE ROCK - Built using a cast-iron facade shipped in pieces from New York, the Capital Hotel opened to great fanfare in 1877, with rooms going for up to $4 a day. Today, guests can pay up to $500 to stay at the hotel, which reopened Monday after ...
  2007-11-19 03:36:00

• Former Gibbon Bank Executive Pleads Guilty To Fraud Charges (KETV 7 Omaha)

  A former president of Gibbon Exchange Bank pleads guilty to bank fraud.
  2007-11-20 10:43:08

• Sentence for mortgage fraud includes restitution (Pine Bluff Commercial)

  LITTLE ROCK - In addition to serving 30 months in federal prison, a Searcy woman who pleaded guilty to mortgage fraud and filing false income tax returns will have to pay $120,000 in restitution to victims, the U.S. attorney's office says.
  2007-11-19 03:48:14

• Sentence for mortgage fraud includes restitution (WMCTV Memphis)

  Associated Press - November 19, 2007 6:34 PM ET LITTLE ROCK (AP) - In addition to serving 30 months in federal prison, a Searcy woman who pleaded guilty to mortgage fraud and filing false...
  2007-11-19 03:42:55

• Co-operative Bank advances green mortgage

  MyFinances.co.uk - The Co-operative Bank is to introduce new features to its green tracker mortgage. The mortgage will reward customers who try to reduce their carbon footprint by offering a reduced rate of borrowing for green home improvements, such as insulation ...
  2007-11-20 08:40:00

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