Archive for July, 2008

County economic outlook one of contrasts (Argus Observer)

Thursday, July 31st, 2008

ONTARIO — While the economic numbers appear to show Malheur County is not up against the same type of challenges other areas of the nation face regarding the housing market and the mortgage loan sector, the area is still struggling with the same unemployment and poverty issues it has fought for decades.
Source:County economic outlook one [...]

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4 Bay Area Men Face Mortgage Fraud Charges (The Tampa Tribune)

Thursday, July 31st, 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.
Source:4 Bay Area Men Face Mortgage Fraud Charges (The Tampa Tribune)

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4 Men Charged In Mortgage Scam (The Tampa Tribune)

Thursday, July 31st, 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.
Source:4 Men Charged In Mortgage Scam (The Tampa Tribune)

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Maybank Shares Jump as Indonesian Takeover Is Blocked (Update3) (Bloomberg.com)

Thursday, July 31st, 2008

July 30 (Bloomberg) — Malayan Banking Bhd. surged the most in six months in Kuala Lumpur trading after the central bank blocked the purchase of PT Bank Internasional Indonesia , derailing a $2.7 billion deal that analysts deemed overpriced.
Source:Maybank Shares Jump as Indonesian Takeover Is Blocked (Update3) (Bloomberg.com)

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Malaysia's Maybank hits snag in Indonesia deal (AP via Yahoo! Finance)

Thursday, July 31st, 2008

Malaysia’s central bank has barred top lender Maybank from acquiring Indonesia’s sixth largest bank, sending its shares soaring sharply Wednesday for the first time in months as investors cheered the news.
Source:Malaysia's Maybank hits snag in Indonesia deal (AP via Yahoo! Finance)

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