Iowa Sees Surge in Mortgage Fraud Risk Despite National Decline
CoreLogic reports a 10 percent rise in mortgage application fraud risk in Iowa in the quarter ending June 30 while national risk falls 5.6 percent. About 19,700 applications nationwide had high fraud risk, totaling $5.3 billion in fraudulent residential loans. Separate Iowa cases include sentences for Wojewoda and associates in a multi defendant bank fraud scheme.
MENTIONED IN THIS ARTICLE
Iowa
Ohio
Hawaii
Irvine
Calif
CoreLogic
Des Moines
Wade Charles Wojewoda
Grimes
Wojewoda
Bobbi Jo Wojewoda
Bobbi Jo
Regina Foundation honors STEM focused alumnus Foley
Regina Catholic Education Center students hear from Mike Foley, former Bluetooth SIG executive and Iowa City graduate, now an independent consultant. He receives one of two Distinguished Alumni awards at a private event tied to a homecoming football game. Foley urges students to embrace STEM relevance in all careers and predicts rapid tech change.
MENTIONED IN THIS ARTICLE
Regina Catholic Education Center
Mike Foley
Bluetooth Special Interest Group Inc
Iowa City
Redmond
Wash
Iowa
Regina Foundation
Foley
Regina
STEM
Business Schools Expand Ethics Courses After Lehman Crisis
Five years after Lehman Brothers collapse, USC Mandates accounting ethics at Marshall School and adds rules course to curb toxic investments. Professors Trezevant and Williams note ethics training aims to guard against abuse and prevent future market meltdowns.
MENTIONED IN THIS ARTICLE
New York
Lehman Brothers
University of Southern California
Marshall School of Business
Wall Street
Robert Trezevant
Mark Williams
Boston University
Lehman
Enron Corp
Stern School of Business
New York University
Jonathan Haidt
JPMorgan Chief Dimon Eyes Settlement Talks in Washington
JPMorgan Chase chief Jamie Dimon meets with Attorney General Eric Holder as talks heat up over potential settlements to a mix of federal and state probes. Industry sources estimate a settlement from 3 to 11 billion dollars tied to mortgage backed securities from Bear Stearns and Washington Mutual. Analysts expect resolution to improve certainty, with the firm already reserving costs and projected earnings around 23 billion dollars for the year.
MENTIONED IN THIS ARTICLE
New York
King of Wall Street
Justice Department
Jamie Dimon
Jpmorgan Chase & Co
U.S
Eric Holder
Bear Stearns
Washington Mutual
Jpmorgan
Sacramento
Calif
Erik Oja
S&p Capital IQ
Oja
Jpmorgan Chase
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Meryn.fluker
Sourcemedia
Mike Fole
Mn Technol
Higher Education
Los Angeles Times
Carlo Carrascosa
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Redlands
Washington
Reuters
House Financial Services Committee