isabellika35% drop in US mortgage fraud cases | Blog | Tumblr | Livejournal
Posted by isabellika (ylmaspiero.livejournal.com) 34 days ago under springhill group home loans springhill group housing loand and deposits 35-drop in us mortgage fraud cases20
By Romesh Navaratnarajah: Cases of residential mortgage fraud in the US done in collusion with mortgage industry professionals dropped 35 percent between 2010 and 2011, according to the LexisNexis Risk Solutions Mortgage Fraud Report.
The report tracked actual cases of mortgage fraud or misrepresentation by mortgage sector professionals, as reported by lenders and other financial institutions. These include cases of borrowers falsifying information on mortgage documents but only if they conspired with mortgage industry professionals. One reason for the significant decline is because mortgage loan originations fell to its lowest level in 2011 since 2001, indicating a sharp reduction in sales of new and previously-occupied homes. Another reason is that fewer fraud schemes are committed when a buyer is trying to get a home loan. However, the FBI noted that loan fraud involving selling or buying homes is more common at some stages of foreclosure, adding that mortgage fraud investigations led to 1,082 convictions in FY 2011. According to the LexisNexis study, home appraisal and loan application fraud, along with misrepresentation, accounted for the biggest category of fraud investigated by lenders in 2011. Related Stories: Fixed-rate mortgage in demand despite cheaper tracker-rate loans 15% discount on mortgages reappears in Shanghai US mortgage rates fall to new record lows More from PropertyGuru:Fixed-rate mortgage in demand despite chea... Lawsuit alleges firm targeted Korean immigrants | Blog | Tumblr | Livejournal
Posted by isabellika (ylmaspiero.livejournal.com) 34 days ago under
LA CRESCENTA, Calif. (KABC) – More than two dozen people say they fell victim to a costly home loan scam that targeted Korean immigrants. The lawyer accused of orchestrating it all is being sued.
It took a life savings to buy this La Crescenta home. Losing it took mere months, all because of accused lawyer Timothy D. Thurman and Trinity Law Associates. Ok Kee Shin is just one of 28 alleged victims. “It is just such a shock, and that the house had been sold and foreclosed,” said Shin through a translator. In a lawsuit, the Asian Pacific American Legal Center details a web of fraud. Though the plaintiffs are all Korean immigrants, people of any nationality could fall for this one. The suit says Trinity Law Firm hired Koreans to place ads, then illegally paid them, like bounty hunters, to bring in customers. “This practice known as ‘running and capping’ is against the law,” said Yungsuhn Park, Asian Pacific American Legal Center. “Attorneys are prohibited from paying non-attorney agents to find clients.” Everything seemed so credible. The Trinity Law Firm operated out of a high-rise on Wilshire Boulevard. “So he flipped through my loan documents and he told me that this was a bank that had a lot of errors in their loan documents,” said Shin’s translator, quoting her. She says Thurman assured her he could fix her loan for a fee of $7,000, and that she should stop paying her mortgage and ignore the foreclosure... Lawsuit alleges firm targeted Korean immigrants | Blog | Tumblr | Livejournal
Posted by isabellika (ylmaspiero.livejournal.com) 34 days ago under springhill group home loans springhill group housing loand and deposits lawsuit alleges firm targeted korean immigrants
LA CRESCENTA, Calif. (KABC) – More than two dozen people say they fell victim to a costly home loan scam that targeted Korean immigrants. The lawyer accused of orchestrating it all is being sued.
It took a life savings to buy this La Crescenta home. Losing it took mere months, all because of accused lawyer Timothy D. Thurman and Trinity Law Associates. Ok Kee Shin is just one of 28 alleged victims. “It is just such a shock, and that the house had been sold and foreclosed,” said Shin through a translator. In a lawsuit, the Asian Pacific American Legal Center details a web of fraud. Though the plaintiffs are all Korean immigrants, people of any nationality could fall for this one. The suit says Trinity Law Firm hired Koreans to place ads, then illegally paid them, like bounty hunters, to bring in customers. “This practice known as ‘running and capping’ is against the law,” said Yungsuhn Park, Asian Pacific American Legal Center. “Attorneys are prohibited from paying non-attorney agents to find clients.” Everything seemed so credible. The Trinity Law Firm operated out of a high-rise on Wilshire Boulevard. “So he flipped through my loan documents and he told me that this was a bank that had a lot of errors in their loan documents,” said Shin’s translator, quoting her. She says Thurman assured her he could fix her loan for a fee of $7,000, and that she should stop paying her mortgage and ignore the foreclosure... Going Public - a Reference Guide
Posted by isabellika (www.unitedadvisorypartners.com) 70 days ago under united advisory partners united advisory partners services going public -a
Federal Securities Laws Governing Public Companies
In the chaotic securities markets of the 1920s, companies often sold stocks and bonds on the basis of glittering promises of fantastic profits without disclosing any meaningful information to investors. These conditions contributed to the disastrous Stock Market Crash of 1929. In response, the U.S. Congress enacted the federal securities laws and created the Securities and Exchange Commission (SEC) to administer them. There are two primary sets of federal laws that come into play when a company wants to offer and sell its securities to the public. * Securities Act of 1933 (Securities Act) The Securities Act, which covers new public companies, generally requires companies to give investors "full disclosure" of all "material facts," the facts investors would find important in making an investment decision. This Act also requires companies to file a registration statement with the SEC that includes information for investors. The SEC does not evaluate the merits of offerings, or determine if the securities offered are "good" investments. The SEC staff reviews registration statements and declares them "effective" if companies satisfy the SEC's disclosure rules. * Securities Exchange Act of 1934 (Exchange Act) The Exchange Act requires publicly held companies to disclose information continually about their business operations, financial conditions, and managements. These companies, and in many cases their officers... News : United Advisory Partners, Inc.
Posted by isabellika (uapavykaufman.blogspot.nl) 70 days ago under united advisory partners united advisory partners services news -united ad inc
A Philosophy That Puts Clients First
When United Advisory Partners, Inc. was launched we were guided by the beliefs of our founder and the associates that joined the firm in the following years. The core values that guided United Advisory Partners, Inc. associates in everyday work and decision-making long ago continue to be practiced today. Our integrity is exemplified by the steps we take to safe-guard your proprietary information and maintain confidentiality with all forms of communication. Our system has been refined for decades toward achieving the difficult combination of maximum exposure with the utmost confidentiality. Our pursuit of excellence is displayed in our many years of tenure, hundreds of transactions, and in the caliber of each United Advisory Partners, Inc. associate. Our commitment to client needs and expectations is evident in our organizational structure: purposefully flat. Senior principals work with you on a one-to-one basis at the local office level providing advice and guidance from project inception to completion. We are grateful for the trust our clients have extended over the last half century, at the same time we are cognizant that our credibility is an asset that we must earn and protect every day. With our long history, the philosophy embraced by the United Advisory Partners, Inc. organization is evident in how we treat our clients and provide solutions: Independence Allegiance to Clients Independ... Micron Associates :2012 TRENDS See the world beyond your imagination
Posted by isabellika (micronassociates.info) 164 days ago under micron associates micron associates barcelona spain micron associates -2012 trends see the world beyon
t’s clear that migrating business to the cloud reached a tipping point in 2011 where it is no longer a trend, but has become an absolute business requirement. This growth stems from the fact that it’s available and effective.
In the most transformative technology shift since the personal computer and the Internet, it’s clear that companies, both large and small, now fully recognize the advantages of shifting their IT and business needs to the cloud. No longer does it take a team of IT professionals and large budgets to deploy upgrade and manage a company’s technology. Developers, business managers and IT pros turn to the cloud for the reason that it simply solves their problems. However, while 2011 may be the year companies got serious about the cloud, 2012 will prove to be the year of cloud management. Since cloud is our business, we at RightScale are always tracking the latest developments and where the technology is headed.As they gear up for another busy year, they have identified a few of the top trends that they feel are set to make an impact on businesses in 2012: 1. Step 2 Is Visibility. In 2011, companies realized that virtualization is only the halfway point and that a true cloud is automated, scalable and most importantly, API-driven. In 2012, enterprises must increase visibility into the entire lifecycle of cloud-based applications, from development to deployment to operations – and across multiple cloud providers and resource pools. Th... Micron Associates: HeadLINES
Posted by isabellika (micronassociates.org) 164 days ago under micron associates micron associates barcelona spain micron associates-headlines
Manufacturing numbers from the US, China and Germany expected the renewing optimism for the global economic outlook and encouraging investors to take on risk. Early in the afternoon trading in New York, the Dow Jones Industrial Average rose 1.16 percent, the Standard & Poor’s 500 Index gained 1.24 percent and the Nasdaq Composite Index climbed 1.32 percent.
In Europe, the Stoxx 600 Index wrecked the session with a 2 percent increase. The euro also gained, strengthening 0.8 percent to US$1.3194 and 0.7 percent to 100.52 yen. An index of the US manufacturing sector rose in January to its maximum level since June, while China’s factory sector unexpectedly stretched out. In Europe, Germany posted its first increase in http://micronassociates.org/news/ manufacturing output in four months while a UK manufacturing gauge climbed to an eight-month high. John Manley, chief quity strategist at Wells Fargo Funds Management in New York told Reuters told that “Manufacturing numbers are what the market is jumping on”. Some strategists are updating their bearish forecasts to mirror a better-than-expected start to 2012. Just two weeks after saying that investors should “remain cautious,” Larry Hatheway, the chief economist at UBS, raised his recommendations on global shares and high-yield bonds in a January 23 note to customers entitled, “Wrong, but not too late,” Bloomberg News reported. Royal Bank of Scotland Group, and Benoit Anne, the global head ... About Us : Eldridge Financial - Voteforduane.org
Posted by isabellika (www.articles411.com) 180 days ago under eldridge financial switzerland eldridge latest news eldridge financial retirement planning strategies about us -eldridge financial eldridge eldridge financial domestic partner plan
About Us
Founded in 2004, Eldridge Financial is a diversified financial services firm. We aim to understand, anticipate and meet our clients' changing financial needs with a multitude of high-quality products and services. Our firm is well capitalized and has been consistently profitable, with capital of $302 million, revenues totaling $510 million for fiscal 2011 and $59.1 billion in assets. Eldridge Financial Blog: UK In Recession Again As Recovery Is ‘Paralyzed’ By The European Debt
Posted by isabellika (www.freepressreleasecenter.com) 180 days ago under eldridge financial switzerland eldridge latest news eldridge financial blog-uk in recession again as
Britain is once again suffering a recession and unemployment risks coming close into three million this year as forecasted by the leading economic forecaster.
Britain is once again suffering a recession and unemployment risks coming close into three million this year as forecasted by the leading economic forecaster. The UK’s economic recovery is ‘paralyzed’ by Europe’s debt crisis, the Ernst & Young Item club will warn, as it cut its GDP growth forecast from 1.5 per cent to 0.2 per cent. According to Eldridge Financial Blog, the dire prediction comes after nine European countries including France, have had their credit ratings downgraded on Friday, dropping world stock markets into turmoil. Economists had hoped that exports and business investment would strengthen the economy this year, with public and consumerspending still in the doldrums. Nevertheless, Europe accounts for more than 40 percent of British trade and business confidence has been roughly hit by insecurity about the future of the Continent and the single currency. On Eldridge Financial Blog in the Sunday Telegraph quoted Professor Peter Spencer, chief economist at the Item Club, as saying: ‘Figures for the last quarter of 2011 and the first quarter of this year are likely to show that we are back in recession, and we are going to have to wait until summer before there are signs of improvement. Although he said the double dip was unlikely to be prolonged, he warned that... Eldridge Financial Blog: UK In Recession Again As Recovery Is ‘Paralyzed’ By The European Debt
Posted by isabellika (www.freepressreleasecenter.com) 181 days ago under eldridge financial switzerland eldridge latest news eldridge financial blog-uk in recession again as
Britain is once again suffering a recession and unemployment risks coming close into three million this year as forecasted by the leading economic forecaster.
Britain is once again suffering a recession and unemployment risks coming close into three million this year as forecasted by the leading economic forecaster. The UK’s economic recovery is ‘paralyzed’ by Europe’s debt crisis, the Ernst & Young Item club will warn, as it cut its GDP growth forecast from 1.5 per cent to 0.2 per cent. According to Eldridge Financial Blog, the dire prediction comes after nine European countries including France, have had their credit ratings downgraded on Friday, dropping world stock markets into turmoil. Economists had hoped that exports and business investment would strengthen the economy this year, with public and consumerspending still in the doldrums. Nevertheless, Europe accounts for more than 40 percent of British trade and business confidence has been roughly hit by insecurity about the future of the Continent and the single currency. On Eldridge Financial Blog in the Sunday Telegraph quoted Professor Peter Spencer, chief economist at the Item Club, as saying: ‘Figures for the last quarter of 2011 and the first quarter of this year are likely to show that we are back in recession, and we are going to have to wait until summer before there are signs of improvement. Although he said the double dip was unlikely to be prolonged, he warned that... « previous next » |
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