'Mortgage-elimination' criminal case expands - 2006-02-20
A grand jury in California has initiated a 68-count indictment against the creators of a mortgage-elimination scheme and several affiliates, on charges related to mail fraud, wire fraud, bank fraud, contempt of court and forfeiture, according to court documents. This latest indictment, known as a superseding indictment, adds a list of charges and individuals to the U.S. government's continuing criminal case.
Read the full story at Inman.com

Mortgage brokers, agents to face minimum standards - 2006-02-20
Everyone who sells, lends or trades in mortgages must meet minimum education standards under proposed legislation. The purpose of the legislation introduced today is to make sure the brokerages are responsible for the actions of their brokers and agents. If approved, brokers and agents will have to be licensed by the Financial Services Commission of Ontario.
Read the full story at CTV.ca