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Results for fraud foreclosures. Search took 0.55 seconds.

One in seven US home loans at risk of foreclosures

in Sox First, on November 20, 2009

... What chances of a US recovery? Don't hold your breath. As reported here , foreclosures will keep rising through 2010 and one in seven US home loans is now past due or in foreclosure. The quart...

Christianity and the crash

in Sox First, on November 16, 2009

...exurban middle class and the urban poor. All inhabit neighborhoods that have been decimated by foreclosures. It's a striking argument worth exploring further. But if Rosin is right, it means that Am...

Britian Using Genetic Tests on Asylum Seekers

in Global Mobility Report, on November 12, 2009

...ovoking outrage from rights groups. The British government says that the genetic tests have shown a fraud rate of 87% in cases where asylum seekers claim to be related to each other. In the US, langua...

Suicides: the real cost of recessions

in Sox First, on November 11, 2009

...des is on the rise as people weight up the cost of the recession with soaring unemployment and home foreclosures. According to one psychology professor quoted in this piece, people who have lost jobs ...

Galleon scandal: just the beginning?

in Sox First, on November 8, 2009

...ffington Post that maybe insider trading shouldn't even be illegal, claiming that it would expose fraud earlier, it would put more information out in the market and that companies will become more t...

Big profits: How Goldman Sachs bet on the US housing crash

in Sox First, on November 5, 2009

...ld crash. As Boston University economics professor Laurence Kotlikoff told Gordon, it smells like a fraud and should be prosecuted. "The Securities and Exchange Commission should be very interested in...

Swine flu fraud

in Sox First, on October 29, 2009

... It was just a matter of time. The US Food and Drug Administration has published a list of fraudulent swine flu products purporting to clean up the disease now popping up on websites. Read th...

Do the Pitfalls of Outsourcing Outweigh the Benefits?

in The Outsourcing Weblog, on October 19, 2009

... at best. Truth be told, in-house processes that go unwatched and unmanaged are often sources of fraud. However, management usually does watch (at least at some level), reducing the risks posed by...

Hedge funds lied to investors

in Sox First, on October 15, 2009

...n you read this, you can then understand how people like Bernard Madoff could get away with their fraud for so many years with his hedge fund. Which raises the obvious question: how many more Madoffs ...

Seen that? - Email Sucks

in I got Spam?!, on October 11, 2009

Email Sucks at I got Spam?! I'm now pretty much doing email by the seat of my pants. If you sent me an email in the last 24 hours, then I likely didn't read it. It all started about 17 hours ago, when I started receiving the same SPAM emai...

Bribery charges turn personal

in Sox First, on October 9, 2009

...udi Arabia, Europe and Africa. Or will the Justice Department put pressure on Britain's Serious Fraud Office to do the same and target the individuals? ...

Organized crime, forests and climate change

in Sox First, on October 8, 2009

...quot;Organized crime syndicates are eyeing the nascent forest carbon market." So what sort of fraud would it be? The most obvious would be claiming credits for forests that don't exist. Ther...

Should ratings agencies go the way of Arthur Andersen?

in Sox First, on October 3, 2009

...n in 2002 after authorities learned that its auditors had shredded documents related to Enron's fraudulent schemes and were probably complicit in those practices. Even though the firm's felony...

Elderly turn to bank robbery in recession

in Sox First, on September 20, 2009

... Back in July, I did a blog entry looking at hiow bank robberies, fraud and other crimes were booming because of the recession. Now we have further evidence of the recession's impact with ...

BAE brought to justice (finally)

in Sox First, on September 7, 2009

...Saudi Arabian government. As I pointed out here , the uproar broke out after Britain's Serious Fraud Office dropped its investigation into the alleged bribery allegations. Now, it looks like the...

Can the SEC be sued for Madoff?

in Sox First, on September 7, 2009

...ken but negligently performed." Still, to cover itself the SEC is now looking at setting up a fraud college to help its officials detect financial shenanigans, reports Bloomberg . As if the stu...

UBS whistleblower jailed

in Sox First, on August 30, 2009

... banker Bradley Birkenfeld was this week sentenced to three years four months for conspiring to defraud the US by helping clients to cheat taxes. Let's forget the fact that Birkenfeld was actua...

No relief from foreclosure mess

in The Mortgage Roadmap, on August 24, 2009

...The news on housing foreclosures isn't getting any better. In fact, it's getting worse. According to a story in the Wall Street Journal, one in every eight U.S. households with mortgages wa...

Trying to time the bottom

in The Mortgage Roadmap, on August 17, 2009

Did you see the housing crash coming? There were certainly enough warning signs. Maybe the better question is this: Did you see the housing crash coming and did you do something about it? In other words, in early 2006 when housing prices were reaching their peak, did you sell your home for a big pr...

Foreclosures dogging the middle class

in The Mortgage Roadmap, on August 14, 2009

...Remember when the number of housing foreclosures first started to boom? We liked to say it was because of all those greedy homeowners who took out high-risk subprime mortgages to get into homes they c...

Loan clinic the cure for mortgage ailments?

in The Mortgage Roadmap, on August 13, 2009

Pres. Barack Obama has put an increasing amount of pressure on mortgage companies to restructure the loans of homeowners who are struggling to make their monthly payments. Many homeowners, though, have complained that they've struggled to receive any assistance from their mortgage companies. Ma...

Madoff's right hand man pleads guilty: who's next?

in Sox First, on August 12, 2009

...hich raises the obvious question: who's next? How could his wife Ruth Madoff not know about the fraud? And what about the fund managers who sent him money from investors?...

No bail for Black

in Sox First, on August 11, 2009

... have to hand it to Conrad Black. Two years after he sentenced to six-plus years in the slammer for fraud, he has still been seeking bail pending an appeal. If anyone told he had a snowflake's cha...

Climate change junket for Congress

in Sox First, on August 10, 2009

Diving on Australia's Great Barrier Reef, waking up in a plush hotel in Waikiki and spending New Years Eve in Christchurch watching fire works. All part of the job for members of Congress who went on a fact finding mission to investigate climate change. According to The Wall Street Journa...

Odds are good you'll be "underwater" by 2011

in The Mortgage Roadmap, on August 10, 2009

© SuperFantastic If you own a home, the odds are good that you'll be "underwater" by 2011. No homeowner wants this. It's when you owe more on your mortgage loan than what your home is worth. According to a news story in the Victorville Daily Press, nearly 48 percent of hom...

GE cooks the books

in Sox First, on August 9, 2009

... The big accounting fraud news this week was the Security and Exchange Commission announcing that conglomerate GE had cooked the books, boosting its earnings by $785 million and its revenues by ...

Sipera Systems Launches UC-Sec 100 Security Appliance

in The VoIP Weblog, on August 7, 2009

...rk and protection against VoIP and UC security vulnerabilities and zero day threats, including toll fraud, eavesdropping and data theft," writes eWeek's Nathan Eddy . "Like all Sipera...

US mortgages underwater

in Sox First, on August 7, 2009

The Washington Post reports that the US Government is considering plans to take hundreds of billions of dollars in troubled loans out of Fannie Mae and Freddie Mac, stick them into a so-called "bad bank" and create a new structure to support the home-loan market. That sounds fine i...

What to do when those mortgage payments get hard to make

in The Mortgage Roadmap, on August 6, 2009

...your monthly income is slashed. It's why the United States is seeing a record number of housing foreclosures today. But what should you do if you fear you might soon fall behind on your mortgage ...

Loan modifications not fast enough for foreclosures

in The Mortgage Roadmap, on August 5, 2009

...homeowners in the next few years. But there's one problem with all this: The rate of housing foreclosures is far surpassing the number of loan modifications , according to a story in BusinessWee...

Mortgage companies falling down on loan-modification help

in The Mortgage Roadmap, on August 4, 2009

...th the Obama Administration. The administration rightly views slashing the record levels of housing foreclosures as a key step in boosting the fortunes of the national economy. This won't happen i...

Is the housing greed a thing of the past?

in The Mortgage Roadmap, on July 31, 2009

There are a lot of reasons for the big housing crash that the country is still fighting through. Mortgage lenders loaned out money to customers who weren't financially able to handle a large monthly mortgage payment. Real estate appraisers overvalued too many homes. The government looked the oth...

Goldman Sachs in the gun

in Sox First, on July 30, 2009

... reports that the US Senate is probing Goldman Sachs and Deutsche Bank in relation to possible fraud connected to the market meltdown. The WSJ reports: "The congressional investigation appea...

Putting the presidential squeeze on the mortgage firms

in The Mortgage Roadmap, on July 29, 2009

...work the mortgage loans that homeowners are struggling to pay. More loan modifications equals fewer foreclosures, in the view of Obama and his administration. According to a story in the Wall Street ...

Loan-modification program not meeting its goals

in The Mortgage Roadmap, on July 28, 2009

...administration had the right intentions when it came up with a program to reduce the number of home foreclosures across the country by modifying existing mortgage loans. Problem is, the program hasn&#...

Mortgage firms get to tell Obama their side of the story

in The Mortgage Roadmap, on July 27, 2009

...bama administration to list the reasons why they haven't done enough to stem the rising tide of foreclosures across the nation. You can read about this meeting at the Web site of ABC News . The ...

First SOX clawback

in Sox First, on July 26, 2009

...fficers and chief executive officers to reimburse the company bonuses and stock profits following a fraud. The rationale behind the legislation is that they were running the company when misleading in...

Recession-fuelled crime wave

in Sox First, on July 23, 2009

...economy expected to contract by 4.2%. In recession-stricken Britain, the Daily Mail reports that fraud by company directors is up 313%. Petty theft has risen massive 25%, shoplifting 10% and drug o...

Some mortgage villains faring quite well

in The Mortgage Roadmap, on July 20, 2009

.... It's clear that a big reason for the country's current economic mess are all the housing foreclosures taking place across the nation. And why are so many people unable to pay their monthly ...

Recession and repression

in Sox First, on July 16, 2009

...e are losing jobs. Talk of a "jobless recovery" is garbage. Rising unemployment has seen foreclosures soar 15% in the first six months of this year, affecting 1.5 million homes. This rece...

Is the arrow still pointing down for the housing industry?

in The Mortgage Roadmap, on July 15, 2009

...year-and-a-half. Personally, I don't know if I can take 18 more months of fretting about rising foreclosures, homes that won't sell and mortgage delinquencies. It's all too darn depressing...

Create Zoho Creator Web Apps from Microsoft Access Database

in Wangtam, on 2009-07-11

...ive Commons images with Image Search • New York Times Considers $5 Monthly Web-Access Fee • New York Attorney General Sues Tagged.com • People Looking Good - TheSartorialist.Blogspot.com • Pop...

Do you still have faith in Obama's stimulus plans?

in The Mortgage Roadmap, on July 10, 2009

...e is stuck at 9.5 percent, and is likely to climb higher before it falls. At the same time, housing foreclosures are still at record levels. And housing prices, though they've inched upwards durin...

Why it matters if your neighbor's struggling to pay the mortgage

in The Mortgage Roadmap, on July 9, 2009

...m to get bailed out: Simply put, you don't want your home surrounded by foreclosed properties. Foreclosures drag down housing prices for everyone else. If you need to sell your house, it's aw...

Los Angeles leads nation in mortgage fraud

in The Mortgage Roadmap, on July 8, 2009

... you own a home in Los Angeles, watch out for the scammers. Your city leads the nation in mortgage fraud , according to the FBI's annual mortgage fraud review. The FBI's Los Angeles field of...

Beware loan-modification scams

in The Mortgage Roadmap, on July 7, 2009

If you want to read a chilling story, try this one published yesterday by the Los Angeles Times. It details the devastating effects that loan-modification scammers can have on their victims. The Times' story details the plight of a Hesperia, Calif., homeowner who thought she was working with ...

Will California drag down the United States?

in Sox First, on July 2, 2009

.... The state has an unemployment rate of 11.5%, higher than the national figure, and there have mass foreclosures. As the San Francisco Chronicle tells us, they just have one month to balance budget....

Is plain vanilla the right goal?

in The Mortgage Roadmap, on June 30, 2009

... As part of his efforts to protect consumers, and keep the country from suffering another wave of foreclosures, Pres. Barack Obama has called for the creation of a new consumer protection agency. Th...

Madoff gets the max! What now?

in Sox First, on June 30, 2009

... with it. "There may not be anyone who can improve on the scale and ingenuity of Madoff's fraud. However, it is a recurring theme in human nature that someone in the next decades will try to...

Dragging out the foreclosure mess

in The Mortgage Roadmap, on June 26, 2009

...r mortgage bills. But they're still living in their homes. That's because there are so many foreclosures taking place, that banks are behind on taking back foreclosed properties . That leaves...

Stimulus packages create corruption opportunities

in Sox First, on June 23, 2009

... The global stimulus packages are likely to provide massive opportunities for fraud, according to a report from risk consultancy Kroll . According to the report, corruption could swipe about $500 ...

NFL Week 6

in End Zone Buzz, on June 19, 2009

...nd promised to appear in Texas to face burglary and like 7 counts of drug related charges involving fraud and delivery. Ouch! So I wonder... as a disgruntled fan, can I get a refund out of some of...

A new wave of mortgage foreclosures on the way?

in The Mortgage Roadmap, on June 19, 2009

...e to think all that. Unfortunately, I can't. What I really think is that the number of housing foreclosures is only going to rise in the coming months. And, unfortunately, many economic analysts ...

Do you trust the government to protect you from mortgage lenders?

in The Mortgage Roadmap, on June 18, 2009

...me buyers. (Of course, these rules haven't done much to stall the still-growing wave of housing foreclosures sweeping the nation.) Under the administration's proposal, the new agency would re...

Does owning a home have to be the American Dream?

in The Mortgage Roadmap, on June 17, 2009

...gage meltdown the country is currently suffering through. You know all about the meltdown: Housing foreclosures are soaring. Owners are walking away from their homes, giving up hope of paying their m...

Nokia E72 unveiled - pics and video

in Wangtam, on 2009-06-17

...rightkite For Android Coming Soon, Beta Access Open Now • Find the Right Contractor! Your Local Job Auction Service. • Property Boulevard: Complete Property Management Software for Commercial and ...

Throwing the book at Madoff

in Sox First, on June 16, 2009

... Bernard Madoff, who has pleaded guilty to 11 charges of fraud, money laudnering, perjury and theft, faces up to 150 years in jail. And his victims want exactly that! The New York Times reports ...

How'd the mortgage meltdown happen? NPR knows

in The Mortgage Roadmap, on June 15, 2009

...ain reasons that the mortgage industry is dealing with a record number of delinquencies and housing foreclosures today. Be sure to check out the NPR show. It takes just one hour, but after those 60 m...

Want a better credit score? Manage your money

in The Mortgage Roadmap, on June 12, 2009

...g out mortgage money too freely during the housing boom, something that led to the record number of foreclosures we're seeing today. But how can you boost your own credit score before applying fo...

Swine flu and crime

in Sox First, on June 10, 2009

... the Australian Crime Commission that organized crime syndicates could cash in on the pandemic with fraud, robbery and a black market in bootleg medicine. The Commission warned: "Criminal groups ...

Rising healthcare costs put strain on homeowners

in The Mortgage Roadmap, on June 4, 2009

... Unemployment across the nation is at record highs. Foreclosures are, too. Of course, the two are related. But unemployment isn't the only factor in the rise of mortgage delinquencies and hou...

Mortgage delinquencies not slowing

in The Mortgage Roadmap, on June 3, 2009

...industry. Really. I'd like to wake up one morning, open the paper and read this headline: "Foreclosures fall to record lows!" Unfortunately, I don't think I'll be reading that p...

More bad news: Mortgage delinquencies on the rise

in The Mortgage Roadmap, on May 29, 2009

It only seems as if the housing slump, and the national recession that followed it, have been going on forever. The housing slowdown, though, didn't start until the middle of 2006 or so. The problem is, when you read the newspapers or listen to the radio, it's hard to remember that the...

More housing woes

in Sox First, on May 30, 2009

...at are the main cause of the problem. Prime fixed-rate loans now represent the largest share of new foreclosures. In other words, the crisis has now gripped the middle class with more people losing th...

Conrad Black's landmark case

in Sox First, on May 28, 2009

... Conrad Black's appeal against his fraud conviction will have massive implications on the system, regardless of what the decision is. Black, as we know, was convicted two year ago of a a $6.1-m...

More on the Satyam-PWC scandal

in Sox First, on May 27, 2009

...d others? Did PwC leadership - US, global, and Indian- enable and perhaps promote complicity in the fraud called 'India's Enron' for the sake of their consulting business strategy? Did Sat...

Loan modifications not always helping homeowners

in The Mortgage Roadmap, on May 26, 2009

...It's clear that the Obama administration wants to see fewer housing foreclosures. That makes sense: Housing foreclosures help no one. The banks certainly don't want these homes back. Foreclosu...

Will credit card bill stall mortgage foreclosures?

in The Mortgage Roadmap, on May 20, 2009

...;s a big financial burden. Is there a relation between this spiraling credit card debt and housing foreclosures? Probably. It's hard to make your mortgage payments when you're already deep in...

More bad news: Housing foreclosure activity remains at record levels

in The Mortgage Roadmap, on May 14, 2009

You can always count on RealtyTrac for bad news, at least these days. The online provider of foreclosure data didn't disappoint this month, when it released its April foreclosure report . The report showed that housing foreclosure activity remained at record levels during the month. Acc...

GAO slams SEC

in Sox First, on May 10, 2009

...ies and Exchange Commissions stuffed up big time with Bernard Madoff, letting him get away with his fraud for some time. It failed to do its job and protect investors. Now a Government Accountabilit...