Grave business - my financial world

A co-defendant in the $25 million mortgage and loan fraud scheme involving F. Jeffrey Miller pleaded guilty to conspiracy and money-laundering charges Tuesday in federal court in Kansas.
Judy Brumble, 58, of Lee’s Summit, admitted to prosecutors that she had worked with Miller and real estate agent Todd Earnshaw and other defendants to fleece mortgage […]

As 2007 came to a close, Congress had done a lot of talking about cracking down on unfair and deceptive mortgage lending practices, but didn’t deliver on any major legislation.
Although there’s some consensus that tighter regulations or new laws governing lenders are needed, some lawmakers have been reluctant to impose restrictions that might worsen the […]

Banks and card companies should give customers examples of what they are paying on their credit card bills, according to a representative of one debt counselling service.
James Falla, director of Thomas Charles, supported the idea of market regulators asking companies to “clearly print” the examples for card holders to avoid confusion on items such […]

Struggling high street chain, Woolworths is understood to be under pressure to renegotiate its debt.
A report in The Sunday Telegraph claims that the retailer’s banks are concerned it does not have enough security to cover the reported £225m debt they have lent the company.
Woolworths is reported to have hired KMPG to organise a new […]