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Wisconsin mortgage company enters market through Daniel Island brokerage

The CEO of a Wisconsin-based mortgage company says his firm has entered the Charleston market — with plans to expand — by hiring the management team of a struggling local company.

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Wisconsin mortgage company enters market through Daniel Island brokerage

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A Detailed Look At Goldman’s Mortgage Trading Strategy In Late 2006 And 2007; The Goldman "Directive"

One of the key topics over the next week will be just what was Goldman’s exposure to the mortgage industry in 2006 and 2007, and was the firm actively short mortgage exposure or was it merely, as it claims, just a market maker without any active positions on its prop desk. Courtesy of Carl Levin’s recently declassified Goldman emails and presentations we get an extensive glimpse into Goldman’s …

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A Detailed Look At Goldman’s Mortgage Trading Strategy In Late 2006 And 2007; The Goldman "Directive"

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Goldman executives: We made money betting against mortgage market

WASHINGTON — In an internal e-mail released Saturday, Goldman Sachs chief executive Lloyd Blankfein wrote in November 2007 that the firm “didn’t dodge the mortgage mess,” but “made more than we lost” by betting against the U.S. housing market.

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Goldman executives: We made money betting against mortgage market

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Goldman Sachs E-Mails Tie Huge Profits To ‘Mortgage Mess’

”We lost money …

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Goldman Sachs E-Mails Tie Huge Profits To ‘Mortgage Mess’

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Goldman knew it profited from mortgage crisis

Goldman Sachs officials knew their bets against mortgages, whose dramatic decline sparked the financial crisis, profited the firm, according to documents released Saturday by a Senate panel investigating the crisis.

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Goldman knew it profited from mortgage crisis

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SEC charges Goldman Sachs over packaging of subprime mortgage deal

Securities regulators have charged Goldman Sachs with fraud, in a case that could hold the firm legally accountable in the collapse of subprime-mortgage investments.

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SEC charges Goldman Sachs over packaging of subprime mortgage deal

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Owner of real estate company admits stealing mortgage funds (Builder Magazine)

Feb. 10–The owner of a Mahtomedi real estate company pleaded guilty Tuesday to felony charges of mortgage fraud and money laundering in connection with a scheme that diverted $3 million from his firm’s escrow account for personal and other business uses, including a restaurant venture.

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Owner of real estate company admits stealing mortgage funds (Builder Magazine)

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East metro title firm owner pleads guilty to $3 million mortgage fraud (Pioneer Press)

The owner of a Mahtomedi real estate company pleaded guilty today to felony charges of mortgage fraud and money laundering in connection with a scheme that diverted $3 million from his firm’s escrow account for personal and other business uses including a restaurant venture.

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East metro title firm owner pleads guilty to $3 million mortgage fraud (Pioneer Press)

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Goldman Sachs Under Investigation For Its Role In Subprime Mortgage Meltdown (The Huffington Post)

WASHINGTON — One of Congress’ premier watchdog panels is investigating Goldman Sachs’ role in the subprime mortgage meltdown, including how the firm sold securities backed by risky home loans while it simultaneously bet that those bonds would lose value, people familiar with the inquiry said Friday.

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Goldman Sachs Under Investigation For Its Role In Subprime Mortgage Meltdown (The Huffington Post)

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Peter Boutell, Lending a Hand: Cash: the key ingredient for a mortgage (Santa Cruz Sentinel)

Mortgage approvals are based on a borrower’s income, credit and cash available. The income must not only be adequate but stable, which basically means that the borrower has a steady two-year history of work in the same field.

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Peter Boutell, Lending a Hand: Cash: the key ingredient for a mortgage (Santa Cruz Sentinel)

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