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Ex-bookkeeper Denise Lynn Thurlow faces prison in embezzlement 9 hr ago A former bookkeeper for the Interstate Oil and Gas Compact Commission pleaded guilty Monday in federal court in Oklahoma City to embezzling as much as $70,000. Denise Lynn Thurlow, 46, faces up to...
Business Briefs: Delinquencies drop in summer 8 hr ago | Add a comment nation DELINQUENCIES DROP IN SUMMER NEW YORK — Consumers got more serious about paying down their credit card debt this summer, a time when deliNquencies usually go up. Cardholders making...
Cleveland County Home Loan Authority gets OK to issue bonds 14 hr ago | Add a comment NORMAN — Cleveland County commissioners Monday authorized the Cleveland County Home Loan Authority to issue up to $20 million in revenue bonds in conjunction with McClain County. The money...
For Oklahoma City bank executive, lending is wonderful life Sat, Nov 21, 2009 | Add a comment Mark Harry, like George Bailey, worked in his family’s mortgage business for years and years — Bailey for fictional Bailey Bros. Building & Loan in the Christmas classic...
Single-pay loan system may help out students Sat, Nov 21, 2009 | Add a comment Dear Mr. Berko: I understand that the federal government is going to eliminate all student loan sources and make the U.S. Government the only source for student loans. This single-pay system scares...
Tougher standards may help prevent recession in future Fri, Nov 20, 2009 | Add a comment Q: What policies do you recommend to keep us out of the types of recessions just experienced in the United States? A: There have been some excellent policy change recommendations made by eminent...
650,000 borrowers have enrolled in new mortgage relief program Fri, Nov 20, 2009 | Add a comment WASHINGTON — The Obama administration’s mortgage relief program has reached one in five eligible homeowners, a government report said, but most of those borrowers are on temporary trial...
Redefining broker-banker relations Fri, Nov 20, 2009 | Add a comment HOUSTON — In his 17 years as a mortgage broker, Edward Kampf developed long-standing relationships with banks that would provide home loans to his customers. But when the housing crisis hit,...
Loan modification program has homeowners’ interest Fri, Nov 20, 2009 | Add a comment WASHINGTON — In California, about 130,000 homeowners have been enrolled in the "Making Home Affordable” loan modification plan, which President Barack Obama unveiled in February....
Foreclosure crisis not letting up, report shows Fri, Nov 20, 2009 | Add a comment WASHINGTON — The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down housing prices and raises concerns about the...
Hope for Those Trying To Buy or Keep a House Wed, Nov 18, 2009 | Add a comment While mortgage foreclosures continue to rise along with the growing unemployment rate, there are a few small rays of hope for homeowners in trouble — and those looking to buy a home. Tax...
Most housing statistics need some seasoning Fri, Nov 13, 2009 | Add a comment At the end of this sentence is a grain of salt, not a period (humor me). The next time you see a set of housing statistics presented without thorough explanation of research methodology, take it...
Market creates problems Fri, Nov 13, 2009 | Add a comment Q: We hear about home mortgages being made into investments here in the United States and sold to people and institutions all through the world. What are the consequences of this global market in...
Interest rate relief not a debt cure-all Thu, Nov 12, 2009 | Add a comment HACKENSACK, N.J. — Eager to get their three children into a well-regarded school system, Yomalis Hilario and Johnny Montero paid $468,000 for a house in Paramus, N.J., in 2006. But they soon...
Some find opportunity in meltdown Thu, Nov 12, 2009 | Add a comment MIAMI, FL.— South Florida’s housing boom cratered fast and, like the epicenter of an earthquake, left a trail of destruction in its wake. But in the aftershocks of plummeting home...
Lenders find that changing loans is not as profitable as foreclosure Thu, Nov 12, 2009 | Add a comment Conventional wisdom is that lenders want to modify loans to avoid the expense of foreclosure, but a new study questions that idea. The study, from the Federal Reserve Bank of Boston, concludes that...
Oklahoma home loss rises, but data risky Wed, Nov 11, 2009 | Add a comment The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers. But foreclosure filings...
Jury acquits 2 of lying about hedge funds Tue, Nov 10, 2009 | Add a comment NEW YORK — Two former Bear Stearns executives who ran hedge funds that crashed in 2007 amid the subprime mortgage meltdown were acquitted Tuesday of lying to investors about the looming...
National business briefs Tue, Nov 10, 2009 | Add a comment Nation More credit access urged NEW YORK — The head of the Federal Deposit Insurance Corp. said Tuesday she’s "very worried” that the nation’s biggest banks...
Borrowing falls further Sat, Nov 7, 2009 | Add a comment Career Spotlight Air Force gives chance to travelA desire to see the world inspired Fran Venezia, a native of rural Georgia, to become an aircraft mechanic. She found that enlisting in the Air...
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