Explaining Mortgages It is apparent that the news media, Congress, Treasury, homeowners, Wall Street and banks do not understand mortgages. They all talk about banks giving a homeowner a mortgage. Wrong! ...more

March 24, 2009

Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her. ...more

October 5, 2008

The cats of New Zealand will just have to be judged by someone else. A federal judge denied Wednesday a bid by a defendant charged in an $83 million mortgage loan scheme to leave the United States to judge a cat show. ...more

August 14, 2008

The cats of New Zealand will just have to be judged by someone else. A federal judge this morning denied a bid by a defendant charged in an $83 million mortgage loan scheme to leave the United States to judge a cat show. ...more

August 13, 2008

Two men accused of an $83 million mortgage loan scheme are asking a judge to let them travel while they are free on bond. ...more

August 12, 2008

Two men charged in an $83 million mortgage loan scheme are asking a judge to let them travel while they are free on bond. One of the men wants to judge a cat show in New Zealand, and the other wants to travel for his real estate consulting business. ...more

August 11, 2008

Three businessmen and a Sarasota lawyer have been charged with participating in an $82.8 million mortgage loan scheme that defrauded seven banks, the U.S. Attorney's Office said Monday. ...more

July 29, 2008

Three businessmen and a Sarasota lawyer have been charged with participating in an $82.8 million mortgage loan fraud, a scheme which defrauded seven banks, the U.S. Attorney's Office said this morning. ...more

July 28, 2008

Two men pleaded guilty today to mortgage fraud in Polk County, officials from the state Attorney General's Office said. David E. Tuggle Jr. and Eric S. Steinhauser, both of Hillsborough County, confessed to submitting fraudulent mortgage loan documents to Argent Mortgage Co. through Tampa-based Sunstate Mortgage Co., attorney general spokeswoman Sandi Copes said. ...more

May 6, 2008

Countrywide Financial Corp. said Friday that home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments. ...more

February 16, 2008