AXA suspends redemptions from three mortgage funds - National Business Review
AXA New Zealand has suspended three mortgage funds for 30 days, ahead of an expected increase in redemptions from funds following the announcement of the Government’s bank deposit guarantee scheme. “While the details of the New Zealand scheme are yet

Mother & Son Sentenced For Mortgage Fraud - WCPO
A Cincinnati man and his mother are going to prison after they pleaded guilty to conspiracy to commit wire fraud against Countrywide Home Loans. A judge sentenced William Bowling Jr. to 41-months in prison Monday. His mother, Georgia Bowling, was

Foreclosures Open Door To Disorder - Washington Post
Above, Sgt. Tony Sindlinger, left, and Deputy John Zampino of the Prince William sheriff’s office secure a foreclosed house for an asset management company. Bicycles, furniture and dog food were among the things that the former occupants had left in

Mortgage troubles worse than expected - Star-Banner
Maria Martinez, of Stockton, Calif., is three months behind on her mortgage, even after receiving a loan modification earlier this year. That number, up from 1,200 a day a year ago, is a sign that the mortgage industry and government programs have