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1st Magnus violated federal law, HUD says
                   
azstarnet.com
Jul 24, 2008 3 related
        

Brokers' incentives typical, mortgage lenders point out Tucson, Arizona | Published: 07.24.2008 Defunct mortgage lender First Magnus Financial Corp. broke a federal law by paying certain incentives to mortgage brokers, according to a report by the Department of Housing and Urban Development. The report, issued by HUD's Office of Inspector General on July 14, states that First Magnus violated the Real Estate Settlement Procedures Act by providing "volume-based" and "quality" incentives for Federal Housing Administration-insured loans. A former First Magnus executive said the loan program involved represented a fraction of the company's business and First Magnus did not believe any laws were violated. HUD found that First Magnus paid $58,571 in incentives from 2003 to 2006 to seven brokers for 169 FHA-insured mortgages totaling... [read full story]                    

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By Martinne Geller NEW YORK, Oct 8 (Reuters) - Susan Coyne had her heart set on a new pair of earrings at Saks Fifth Avenue in New York, a purchase she would not have thought twice about even a few weeks ago. But on Tuesday,...

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kauz.com: Crime Free Multi-Housing Program kauz.com

Crime Free Multi-Housing Program

kauz.com
5 hrs ago
        

Story Created: Oct 7, 2008 at 5:52 PM CDT Story Updated: Oct 7, 2008 at 6:58 PM CDT In our eye on crime, a new city wide initiative is going to make police services even better. The new program focuses on Wichita Falls...

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No. 2 Huskers Host Sooners in Midweek Tussle

kolnkgin.com
5 hrs ago
        

The second-ranked Nebraska volleyball team returns to a sold-out Nebraska Coliseum on Wednesday, Oct. 8, as it plays host to the Oklahoma Sooners. First serve for the nationally televised contest between the Huskers and Sooners...

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yahoo.com: Reuters Deals Today yahoo.com

UPDATE - BofA raises $10 billion as financial stocks drop (at Reuters)

yahoo.com
5 hrs ago 15 related
        

By Elinor Comlay NEW YORK, Oct 7 (Reuters) - Bank of America Corp (BAC.N: ) sold $10 billion of shares on Tuesday after its stock price suffered its biggest ever one-day loss, and the rest of the financial sector fell on...

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