Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.
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Goldman to face mortgage debt class-action lawsuit (Reuters)
Analysis: Obstacles high for more mortgage prosecutions (Reuters)
Reuters - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.
Woman who stole mortgage money and gambled it away, gets prison (Reuters)
Reuters - A former foreclosure counselor who gambled away more than $300,000 she stole from her upstate New York clients was sentenced on Thursday to six years in federal prison.
Homebuilders see stable housing market ahead (AP)
AP - The CEOs of some of the nation’s biggest homebuilding companies say the housing market appears to have stabilized.
Illinois accuses mortgage firm of robosigning (Reuters)
Reuters - The attorney general in Illinois on Thursday sued a mortgage document firm and said it filed “faulty” documents with local governments in a rush to process mortgages and foreclosures.
Obama plan to lower mortgage payments could help, but how much? (The Christian Science Monitor)
The Christian Science Monitor - President Obama fleshed out a new mortgage-relief plan Wednesday, saying the steps he outlines would “help millions of responsible homeowners” and the US economy.
Obama plan to lower mortgage payments could help, but how much? (The Christian Science Monitor)
The Christian Science Monitor - President Obama fleshed out a new mortgage-relief plan Wednesday, saying the steps he outlines would “help millions of responsible homeowners” and the US economy.
2 NY pleas in federal sub-prime mortgage probe (AP)
AP - Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running probe of the federal sub-prime mortgage securities market that was expected to result in more arrests.
Florida GOP voters hurt by economy, foreclosures (AP)
AP - Republicans voting Tuesday in Florida’s presidential primary expressed pain from their state’s weak economy and housing foreclosure crisis and divisions over what to do about illegal immigration, according to early results from an exit poll of voters.
Adriana Lima Covers Vogue Brazil February 2012
She’s one of the hottest ladies on the planet, and Adriana Lima is scorching on the cover of Vogue Brazil’s February 2012 issue. The Victoria’s Secret babe gives a very convincing ‘come hither’ look in the cover image, shot at Iguazu Falls, near the Brazil/Argentina border
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