Archive for November, 2007

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Longtime GM Leader Roger Smith Dies

Friday, November 30th, 2007

Roger B. Smith, who led General Motors Corp. in the 1980s, has died at age 82, the automaker said Friday.

2 NY Real Estate Attorneys Steal $200,000

Friday, November 30th, 2007

Arelia Taveras, 46, Bloomington, Minnesota, and Mark Jacobs, 58, Glen Head, New York. Taveras, who is accused of stealing a total of $99,142 from four clients, is charged with three counts of third-degree grand larceny, second-degree forgery, first-deg…

Treasury Department May Broker A Deal For Subprime Borrowers

Friday, November 30th, 2007

MSNBC, Reuters, and The Wall Street Journal were reporting early
Friday that the United States Treasury is about to
announce a plan to help some subprime borrowers save
their homes from foreclosure.

The plan apparently involves an agreement between the Treasury and
leaders of the mortgage industry to hold rates steady on many
adjustable rate mortgages that….

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Attorney Pleads Guilty to Misuse of Closing Funds

Friday, November 30th, 2007

Dawn Renee Harpster, 38, Kidder, Missouri, pled guilty in federal court to defrauding a North Kansas City, Missouri bank in a series of loans. Harpster, formerly doing business as Northwest Missouri Title Co., LLC, Gallatin, Missouri, admitted that she…

OFHEO Home Price Index Down For First Time In 13 Years

Friday, November 30th, 2007

It is sometimes hard to keep up with all of the housing surveys that
come from economic forecasters, trade associations, and the government
but one we always look forward to is the quarterly Office of Federal
Housing Enterprise Oversight (OFHEO) House Price
Index
(HPI) study.

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Gov’t Reports Drop In ID Theft Victims

Friday, November 30th, 2007

The Federal Trade Commission says there are fewer victims of identity theft than four years ago.

Foreclosures Nearly Double From Year Ago

Friday, November 30th, 2007

According to a mortgage research company, U.S. foreclosure filings almost doubled in October from the same month last year.

Hedge Fund Rankings

Friday, November 30th, 2007

Emerging Markets Investments Were Winning Bet for Several Hedge Funds
Transcript:
>> 40 minutes past the hour. let’ s take a look at the u.s. equity indexes. (…)

Home Price Quarterly Dip Worst In 13 Years

Thursday, November 29th, 2007

According to government data released Thursday, U.S. home prices drop in the third quarter for the first time in 13 years.

BP Pleads Guilty To Environmental Crime

Thursday, November 29th, 2007

The Alaska subsidiary of oil company BP is responsible for a 200,000 gallon wilderness oil spill.

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