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A collection of news and information related to Financial and Business Services published by this site and its partners.

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    Feb 27, 2013 |Story| WSBT Radio
  1. Former KISS Guitarist Frehley Facing Foreclosure

    <span style=&quot;font-size: small;">Former Kiss axeman Ace Frehley reportedly owes over $700,000 on his Yorktown, NY home and is facing foreclosure for failing to pay his mortgage for almost two years, according to the Journal News. According to the U.S. Bank National Association, the guitarist stopped paying his $735,000 mortgage on March 1, 2011. In addition to his unpaid mortgage, Frehley is accused of failing to pay taxes around $14,000 in local city and county taxes.</span>
    Former Kiss axeman Ace Frehley reportedly owes over $700,000 on his Yorktown, NY home and is facing foreclosure for failing to pay his mortgage for almost two years, according to the Journal News. According to the U.S. Bank National Association, the...

    Tags: KISS (music group), Ace Frehley, Mortgages

  2. Mar 13, 2012 |Story| WSBT Radio
  3. Gary Dourdan Sues Over Foreclosure of His Home

    If you ask<span class=&quot;Apple-converted-space">&nbsp;</span><strong>Gary Dourdan</strong>, it's the one percent who are the biggest criminals these days.
    If you ask Gary Dourdan, it's the one percent who are the biggest criminals these days. The former CSI: Crime Scene Investigation star is suing California-based Union Bank, alleging constructive fraud and seeking an injunction against the foreclosure...

    Tags: Foreclosures, Trials, Litigation, Mortgages

  4. May 24, 2013 |Story| Reuters
  5. Ex-Virginia bank executives guilty in financial crisis case

    Reuters
    (Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 collapse....

    Tags: Economy, Business and Finance, Crime, Law and Justice, Banking, U.S. Department of Justice, Justice System

  6. May 24, 2013 |Story| Orlando Sentinel
  7. Battling a Motion to Strip or Motion to Value in Bankruptcy Court

    Blog Sponsored by Taylor & Carls, P.A. The association has finally obtained its foreclosure judgment for nonpayment of assessments.  A sale date has been set.  Then, the owner files bankruptcy.  What does the association then do?  Historically, and...

    Tags: Financially Distressed Companies, St. Petersburg (Pinellas, Florida), Orlando, Bankruptcy, Mortgages

  8. May 24, 2013 |Story| Allentown Morning Call
  9. From death row, Freemansburg cop killer fights foreclosure

    George Hitcho Jr. may be on death row for killing a Freemansburg police officer, but he'd like to have a home to return to if he ever gets out.
    George Hitcho Jr. may be on death row for killing a Freemansburg police officer, but he'd like to have a home to return to if he ever gets out. Facing mortgage foreclosure on the New Street property where he shot Robert A. Lasso in the back of the...

    Tags: Prisons, Northampton County (Pennsylvania), Philadelphia (Philadelphia, Pennsylvania), Freemansburg, Crime, Law and Justice

  10. May 24, 2013 |Story| Reuters
  11. New York claims more proof of bank mortgage abuses

    Reuters
    NEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. Schneiderman -...

    Tags: Citigroup Incorporated, Justice System, Trials, Litigation, Bank of America Corp.

  12. May 23, 2013 |Story| South Florida Sun-Sentinel
  13. Insurance agent accused of inventing clients for commission money

    Ray Hamper didn't actually exist, but neither did Jim May or Kelly Kern.
    Ray Hamper didn't actually exist, but neither did Jim May or Kelly Kern. In fact, none of the dozens of names listed on 139 phony insurance policy applications filed by Frederick Edward Tanner were real, state fraud investigators said. Tanner, a...

    Tags: AFLAC Inc., Palm Beach County Sheriff's Office, Port St. Lucie (St. Lucie, Florida), Finance, Insurance

  14. May 23, 2013 |Story| AP Broadcast
  15. Average US rate on 30-year mortgage rises to 3.59 pct.; 15-year up to 2.77 pct.

    AP Business Writer
    WASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery....

    Tags: Money and Monetary Policy, Federal Reserve, Credit Ratings, Finance, Freddie Mac

  16. May 23, 2013 |Story| Reuters
  17. Former Goldman banker settles SEC 'pay-to-play' charges

    Reuters
    WASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine to settle Securities and Exchange Commission charges that he broke rules against influence peddling to...

    Tags: Elections, Bonds, Securities, Pension and Welfare, Economy, Business and Finance

  18. May 23, 2013 |Story| Reuters
  19. MOVES-Morgan Stanley, JPMorgan Chase, HSBC Holdings

    Reuters
    May 23 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. MORGAN STANLEY The bank's head of fixed income, Ken deRegt, is retiring from the...

    Tags: Standard & Poor's Financial Services LLC, HSBC Holdings plc, Parties and Movements, Morgan Stanley Dean Witter & Company, Goldman Sachs Group, Inc.

  20. May 23, 2013 |Story| Reuters
  21. Recruiter Robert Walters says UK hiring set for recovery

    Reuters
    (Reuters) - A stable job market in Britain bodes well for an upturn in permanent recruitment that would mirror a recovery already under way in Asia, the founder of Robert Walters Plc told Reuters. Robert Walters, the 58-year-old chief executive of the...

    Tags: Asia, Labor Markets, United Kingdom, Lobbying, Career and Workplace

  22. May 22, 2013 |Blog| Autoblog.com
  23. Report: NY State puts kibosh on RelayRides car-sharing service

    Autoblog.com
    Filed under: Etc., Government/Legal Three-year-old peer-to-peer car rental service Relay Rides has run into a rough ride in New York, accused by the state's Financial Services Department of "repeated false advertising and violations of insurance law." The...
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