Double standard in mortgage walkaway (Jefferson City News Tribune)

NEW YORK (AP) — Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can’t pay its mortgage. That’s good business. Rick Gilson, a college custodial supervisor in South Dakota, wants to walk away from the mortgage on his mobile home.

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Double standard in mortgage walkaway (Jefferson City News Tribune)

Mortgage on Circuit City headquarters a ‘loan of concern’ (Richmond Times-Dispatch)

It was a loan the lender didn’t want, sold in a public offering that wasn’t very public. Now the tenant, Circuit City Stores Inc., is bankrupt, and the bonds that its western Henrico County headquarters helped to finance have been downgraded

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Mortgage on Circuit City headquarters a ‘loan of concern’ (Richmond Times-Dispatch)

Mortgage troubles move upward (Burbank Leader)

Regional foreclosure filings surged 63% in 2009, tripling the increases seen in California and the nation as mortgage trouble rippled into previously unaffected areas, according to a real estate report released Thursday.

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Mortgage troubles move upward (Burbank Leader)

More Countries to Follow Asia on Mortgage Caps, Geoghegan Says (Bloomberg)

Feb. 1 (Bloomberg) — HSBC Holdings Plc Chief Executive Officer Michael Geoghegan said more countries will adopt the mortgage lending caps that protected Asia during the collapse in the U.S

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More Countries to Follow Asia on Mortgage Caps, Geoghegan Says (Bloomberg)

More Countries to Follow Asia on Mortgage Caps, Geoghegan Says (BusinessWeek)

HSBC Holdings Plc Chief Executive Officer Michael Geoghegan said more countries will adopt the mortgage lending caps that protected Asia during the collapse in the U.S. and U.K

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More Countries to Follow Asia on Mortgage Caps, Geoghegan Says (BusinessWeek)

Mortgage brokers face own industry evolution (Money Management)

Mortgage brokers have been going through an evolutionary period since the new National Credit Protection Legislation came into effect on January 1, and the challenges they face resonate with the financial planning sector.

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Mortgage brokers face own industry evolution (Money Management)

DA: 6 Stole $6M in Suffolk Mortgage Fraud Scheme (Long Island Press)

The last two of six alleged co-conspirators denied Thursday at Suffolk County court their involvement in a nearly $6 million mortgage fraud scheme. Luis Lino, 46, of Hauppauge, and 38-year-old Martha Huezo of Mastic Beach, both pleaded not guilty and were released without bail. Lino, a broker for Millennium Homes in Bay Shore and Easy

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DA: 6 Stole $6M in Suffolk Mortgage Fraud Scheme (Long Island Press)

South Dakota Joins Mortgage Data System (KSFY Sioux Falls)

A new consumer access project will allow South Dakotans to view information about state-licensed mortgage companies, branches and individuals currently licensed through the Nationwide Mortgage Licensing System and Registry.

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South Dakota Joins Mortgage Data System (KSFY Sioux Falls)

Tishman Speyer Walked Away From Its Stuyvesant Town, Peter Cooper Village Mortgage. Why Can’t You? (The Huffington Post)

NEW YORK Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can’t pay its mortgage. That’s good business.

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Tishman Speyer Walked Away From Its Stuyvesant Town, Peter Cooper Village Mortgage. Why Can’t You? (The Huffington Post)

Saudi fund PIF takes stake in mortgage lender Refco (Reuters via Yahoo! Asia News)

RIYADH, Jan 31 (Reuters) - The Saudi finance ministry’s Public Investment Fund (PIF) has agreed to take a 20 percent stake in Real Estate Financing Co (Refco), a board member of the mortgage lender said on Sunday.

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Saudi fund PIF takes stake in mortgage lender Refco (Reuters via Yahoo! Asia News)

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