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Preciado captured in Mexico
Alma Preciado, a mortgage broker and one-time prominent figure in Maryland politics, has been captured in Mexico more than a year after she skipped her sentencing in a mortgage fraud case that prompted a judge to call her Montgomery County's own "little Bernie Madoff." Robert A. Hill, senior assistant Montgomery ...
Thu, 02 Sep 2010 15:38:34 -0700.

Lender could end up paying if all fees were not revealed at buyer's closing
Q: My wife and I purchased a house in Florida last April. This past weekend we received a letter and an invoice from the law office that acted as the parties' closing agent, informing us that we owed fees for "additional endorsements requested by the lender after the closing." Real estate - Business - Loan - United States - Mortgage
Fri, 03 Sep 2010 12:27:55 -0700.

LendingTree.com Weekly Mortgage Rate Pulse Reports 30-Year Fixed Rates as Low as Four Percent
Average mortgage rates fell to new lows this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders.
Wed, 01 Sep 2010 08:08:00 -0700.

Fannie Mae's national lending program HomePath is worth a look
If you fit the profile -- typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house -- a little-publicized national lending program could be just what you need this fall. Fannie Mae - United States - Freddie Mac - Thailand - Provinces
Fri, 03 Sep 2010 12:28:07 -0700.

When investment firms go bust
Question: If an investment firm like Fidelity or T. Rowe Price goes bust would I lose the money I have in mutual funds in IRAs and other accounts? ?Gerry Cheok, Gaithersburg, Maryland Answer: Already in this financial crisis, we've seen investment banks, commercial banks and mortgage firms fail or require some sort of government bailout [...]
Thu, 02 Sep 2010 08:26:13 -0700.

The Interview: Candle company co-founder on how she got start
Xu, co-founder of Chesapeake Bay Candle, discusses how she got started Mei Xu took several detours to become a founder of a multimillion-dollar candle and home dcor company in Maryland.
Fri, 03 Sep 2010 10:58:41 -0700.

Political Economy: U.S. regulators fell short before financial crisis, Bernanke says
U.S. regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were "slow to identify and address abuses" in subprime mortgage lending before the financial crisis, Federal Reserve Chairman Ben S. Bernanke said in prepared remarks. Financial crisis - Economic - Business - Social Sciences - Ben Bernanke
Thu, 02 Sep 2010 06:03:04 -0700.

Eileen Ambrose: Many adults never learn financial basics
Treasury Department seeking input on what every adults needs to know about finances, and money experts weigh in Most of us are familiar with the food pyramid, the government's guideline for healthy eating. Now imagine a "money pyramid" for healthy finances.
Fri, 03 Sep 2010 08:11:14 -0700.

Lehman Brothers, AbitibiBowater, Black Crow, W Union Square: Bankruptcy
Lehman Brothers Holdings Inc. said yesterday that it will invest another $1 billion in its two non- bankrupt bank subsidiaries, Aurora Bank FSB and Utah-based Woodlands Commercial Bank.
Thu, 02 Sep 2010 22:09:42 -0700.

Many adults never learn financial basics at home or school
Treasury Department seeking input on what every adult needs to know about finances, and money experts weigh in Eileen Ambrose: Treasury Department seeking input on what every adult needs to know about finances, and money experts weigh in
Fri, 03 Sep 2010 07:58:31 -0700.