Foreclosures and the Hedge Market

Thursday, August 7th, 2008

The latest crisis has shown that foreclosures and the hedge market go hand in hand. It is apparently friendly local hedge fund that has pocketed the mortgages of the area. There are dozens and dozen of hedge funds, private equity bodies and many other types of investors who have forayed into the melting mortgage market [...]

Popularity: 18% [?]

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Foreclosure Mortgage Fraud In Hawaii

Friday, July 4th, 2008

The number of foreclosure mortgage frauds in Hawaii seems to be increasing – the FBI is investigating 80 and five have been already indicted. About a dozen investigations are on – part of a nation wide clamp down. It is estimated that the victims lost about $1 billion as a result of foreclosure related frauds.

The [...]

Popularity: 47% [?]

Posted in Foreclosure | 1 Comment »