Ahead of the Bell: Mortgage Applications - BusinessWeek

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Balda, Deutsche Boerse, Fresenius, MAN: German Equity Preview
Bloomberg - Stock symbols are in parentheses after the company names and prices are from the Xetra close unless otherwise stated headquarters cushioned the impact of 2.16 billion euros in writedowns and trading losses linked to the U.S. subprime mortgage

Head of failed real estate firm trolling for investors
Norfolk Virginian-Pilot - About three dozen people put their names on loans for the business, with the promise that CM Development would make mortgage payments, collect rents and maintain the houses. Others lent the company cash. Earlier this year, the investors learned that

First Magnus to ask court to let it send its Ch. 11 plan to creditors
Arizona Daily Star - Marlar said creditors have until Dec. 3 to file claims against the company, which shut down in August amid a crisis in the mortgage-lending industry.

EPA seeks civil penalty against Arizona water company
Arizona Daily Star - SAN FRANCISCO – The U.S. Environmental Protection Agency has lodged a civil complaint seeking a $27,500 fine against the American Realty & Mortgage Company, alleging the Arizona water company repeatedly disregarded an order to monitor its drinking

Centennial Bank Holdings, Inc. Announces Third Quarter 2007 Financial
MSN MoneyCentral - of the company’s year-to-date financial information is also affected by the sale of Collegiate Peaks Bank on November 1, 2006, which had been classified as held for sale, as well as the discontinuation of the company’s residential mortgage group at

Merrill Lynch ousts chief O’Neal
MSN UK News - Reuters) - Merrill Lynch & Co ousted Chairman and Chief Executive Stan O’Neal on Tuesday, just days after reporting the biggest quarterly loss in the company’s history, making him the highest-ranking casualty in the U.S. subprime mortgage

New mortgage magic is merely sleight of hand
Houston Chronicle - Instead of making a monthly payment from your checking account to a mortgage company, the line-of-credit mortgage becomes your checking account. Like your checking account, your paychecks are deposited to the account. The monthly cost of the mortgage

Heritage Capital Credit Corporation Expands Product Line to Include
Forbes - WILMINGTON, Del., Oct. 30 /PRNewswire-FirstCall/ — Heritage Capital Credit Corporation (Pink Sheets: HCPC) announces the expansion of its commercial mortgage products and its funding sources. The Company has established a new division that offers a

FUND’S CHINESE STAKE STIRS SOME QUESTIONS
New York Post - October 31, 2007 — A white shoe New York hedge fund has invested in a Chinese copper company whose management has an eye Also throwing their hats - and wallets - into the ring are two London hedge funds: troubled mortgage manager Cheyne Capital

Wells Fargo to Present at the BancAnalysts Association of Boston
MSN MoneyCentral - Wells Fargo & Company is a diversified financial services company with $549 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the internet (wellsfargo.com) across North

Ex-cop charged with loan forgery
Detroit Free Press - After closing on an $80,000 loan, mortgage company officials noticed inconsistencies in the form and contacted Garrett, who said she had not signed the document and had never heard of Reynolds. What’s more, she said Tuesday, a county official wouldn’t

Taylor Wimpey US outlook worsens
MSNBC - be 5 per cent lower than the 2006 pro-forma level. “Market conditions in the United States have deteriorated significantly over the last two months, with turmoil in the US mortgage industry and a very low level of customer confidence”, the company said

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