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"springhill group seoul korea Multiply-Korea`s largest bank reports 3,000 cases of loa... http://springhillgrouphome.multiply.com/journal/item/124/Koreas-largest-bank-reports-3000-cases-of-loan-doc-fraud-    Korea`s largest bank Kookmin has had 3,000 cases of document manipulation in applications for collective loans for intermediate payment. The bank said five people recently filed a petition to police after suffering losses from manipulation of related documents by bank staff, and has launched an investigation into similar cases. According to the Financial Supervisory Service and the bank, Kookmin probed between the end of last month and Aug. 10 manipulation cases on 200,000 collective loans for intermediate payment on 850 reconstruction and redevelopment apartment sites, and discovered more than 3,000 fraud cases. According to the bank`s findings, most cases involved employee manipulation of the expiration date of collective loans for intermediate payment. In the past, three years of maturity have typically been written for collective loans for intermediate payment regardless of when the borrower would move to the house. If the bank`s headquarters reduced the time to 26 or 27 months, however, bank employees would scrape out the number and put in three years again. If the lending period is shorter than the date written in the contract, the borrower would be pressured for repayment. Collective loans for intermediate payment are shifted to lending with home collateral. So a person can move into a house before the lending maturity expires, but failure to move in within the time frame would mean he or she must make the intermediate payment because it is not shifted to a home equity loan. Since the number of manipulation cases was bigger than expected, a massive filing of lawsuits is likely. Fraud was considerable in cases of apartments that people had signed contracts on, an area that has seen many conflicts between builders and banks. A financial regulatory source

"Briefs..... - thenews.com.pk - Facebook  http://www.facebook.com/notes/bethany-rawlins/briefs-thenewscompk/270309179753391 China paper hints at anti-Japan sanctions BEIJING: The mouthpiece of China's Communist Party warned on Monday that Japan's economy could suffer for up to 20 years if Beijing chose to impose sanctions over an escalating territorial row. Anti-Japanese protests have been held across China in recent days over a dispute on a group of small islands in the East China Sea claimed by both countries but controlled by Tokyo. The row intensified last week when the Japanese government bought three of the islands, effectively nationalising them, and China responded by sending patrol ships into the waters around them. Trade sanctions between Asia's two biggest economies could cast a pall over growth on the continent, which major Western countries are counting on to drive recovery from the global slowdown. A commentary in the People's Daily newspaper said the Japanese economy has already experienced two lost decades from the 1990s and was suffering further weakness in the aftermath of the world financial crisis and 2011 earthquake. Digital news offering aims at high ground WASHINGTON: It seems like a terrible time to be launching a news operation.But there are opportunities and niches, and the new digital media launch called Quartz from Atlantic Media Company seeks to exploit them. Quartz is set to launch in the coming weeks as a "100 percent digital" news operation covering "the most important themes of the new global economy," said editor-in-chief Kevin Delaney. Quartz has been recruiting a small number of veteran journalists for an overall news staff of around 25 people. The operation will feature tablet and mobile displays as well as a desktop website, qz.com. "There is an opportunity to do great journalism on a digital platform," Delaney, a former managing editor of The Wall Street Journal Online, told AFP."It's a great

" China paper hints at anti-Japan sanctions BEIJING: The mouthpiece of China's Communist Party warned on Monday that Japan's economy could suffer for up to 20 years if Beijing chose to impose sanctions over an escalating territorial row. Anti-Japanese protests have been held across China in recent days over a dispute on a group of small islands in the East China Sea claimed by both countries but controlled by Tokyo. The row intensified last week when the Japanese government bought three of the islands, effectively nationalising them, and China responded by sending patrol ships into the waters around them. Trade sanctions between Asia's two biggest economies could cast a pall over growth on the continent, which major Western countries are counting on to drive recovery from the global slowdown. A commentary in the People's Daily newspaper said the Japanese economy has already experienced two lost decades from the 1990s and was suffering further weakness in the aftermath of the world financial crisis and 2011 earthquake. Digital news offering aims at high ground WASHINGTON: It seems like a terrible time to be launching a news operation.But there are opportunities and niches, and the new digital media launch called Quartz from Atlantic Media Company seeks to exploit them. Quartz is set to launch in the coming weeks as a "100 percent digital" news operation covering "the most important themes of the new global economy," said editor-in-chief Kevin Delaney. Quartz has been recruiting a small number of veteran journalists for an overall news staff of around 25 people. The operation will feature tablet and mobile displays as well as a desktop website, qz.com. "There is an opportunity to do great journalism on a digital platform," Delaney, a former managing editor of The Wall Street Journal Online, told AFP."It's a great time to launch a proBject like this. We've learned the lessons of what works over the last few years." Quartz will offer free con

Springhill Group: Park Min Ho http://parkminho-springhillgroup.blogspot.com/ I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. Tong Yang's majority shareholder private-equity fir springhill group south korea, springhill group by shimaonatah | Saved by 2 users | Mar 5, 2012 Springhill : Value Investing News I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. springhill group korea insurer, warren buffett's march visit to south korea, springhill : value investing news by roxxystilch | Saved by 1 users | Jan 27, 2012 Springhill : Value Investing News

Springhill Group: Park Min Ho http://parkminho-springhillgroup.blogspot.com/ I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. Tong Yang's majority shareholder private-equity fir springhill group south korea, springhill group by shimaonatah | Saved by 2 users | Mar 5, 2012 Springhill : Value Investing News I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. springhill group korea insurer, warren buffett's march visit to south korea, springhill : value investing news by roxxystilch | Saved by 1 users | Jan 27, 2012 Springhill : Value Investing News

Springhill Group: Park Min Ho http://parkminho-springhillgroup.blogspot.com/ I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. Tong Yang's majority shareholder private-equity fir springhill group south korea, springhill group by shimaonatah | Saved by 2 users | Mar 5, 2012 Springhill : Value Investing News I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. springhill group korea insurer, warren buffett's march visit to south korea, springhill : value investing news by roxxystilch | Saved by 1 users | Jan 27, 2012 Springhill : Value Investing News I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a subsidiary of Berkshire Hathaway, is planning to bid for South Korean insurer Tong Yang Life Insurance. springhill group south korea, springhill : value investing news, care-springhill group by rishadawn | Saved by 1 users | Feb 13, 2012 Springhill Group-BLOGGER General Re bids for South Korean Insurer | Valueinvestingnews.com (Tvinx :: Reti Sociali) http://www.tvinx.com/general_re_bids_for_south_korean_insurer_%7C_valueinvestingnews_com.social-network.729.it I don't know if this is related to Warren Buffett's March visit to South Korea but General Re, a springhill group amazon gold, amazon gold ventures - nicoangelo's journal by cheekyfreak | Saved by 1 users | Feb 27, 2012

The insurance fraud in Changwon uncovered by the Financial Supervisory Service is both shocking and disturbing. It involved as many as 1,361 people, mostly residents of the South Gyeongsang Province city, who either posed as fake patients or exaggerated their illnesses. Collectively, they claimed 9.5 billion won from 33 insurance companies between 2007 and 2011. At the center of the scam ― the largest ever in terms of the number of people involved ― were three unconscionable hospitals in the city, which recruited fake patients systematically in cahoots with insurance brokers and solicitors. They did this to increase revenue and ease their financial distress. The main ploy used by the hospitals was to share a patient, meaning they would arrange for a patient to check in the three hospitals alternately for a different disease. For this, they faked his illnesses and prepared false documents. For close cooperation, they shared patient information among themselves. This scheme helped patients pocket more insurance money. They all purchased multiple private health insurance policies before hospitalization. On average they received some 7 million won per person. In one example, a man in his 50s was hospitalized for a total of 564 days over three years, collecting 95 million won in insurance. The Changwon case followed a similar one that took place in Taebaek last November, involving more than 400 people in the declining mining town in Gangwon Province. They got a total of 14 billion won in insurance payments. As with the Changwon scam, three financially distressed hospitals in the city played a central role. The two cases suggest that insurance fraud is a fairly common occurrence in Korea. According to the FSS, the number of insurance-related crimes has surged in recent years. Last year alone, more than 70,000 people were caught for insurance scams, with the amount of false claims they filed reaching 423 billion won. Yet the figure represented just the tip of the

Mortgage fraud is crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth. In United States federal courts, mortgage fraud is prosecuted as wire fraud, bank fraud, mail fraud and money laundering, with penalties of up to thirty years imprisonment.As the incidence of mortgage fraud has risen over the past few years, states have also begun to enact their own penalties for mortgage fraud. Mortgage fraud is not to be confused with predatory mortgage lending, which occurs when a consumer is misled or deceived by agents of the lender. However, predatory lending practices often co-exist with mortgage fraud. Types Occupancy fraud: This occurs where the borrower wishes to obtain a mortgage to acquire an investment property, but states on the loan application that the borrower will occupy the property as the primary residence or as a second home. If undetected, the borrower typically obtains a lower interest rate than was warranted. Because lenders typically charge a higher interest rate for non-owner-occupied properties, which historically have higher delinquency rates, the lender receives insufficient return on capital and is over-exposed to loss relative to what was expected in the transaction. In addition, lenders allow larger loans on owner-occupied homes compared to loans for investment properties. When occupancy fraud occurs, it is likely that taxes on gains are not paid, resulting in additional fraud. It is considered fraud because the borrower has materially misprepresented the risk to the lender to obtain more favorable loan terms. Income fraud: This occurs when a borrower overstates his/her income to qualify for a mortgage or for a larger loan amount. This was most often seen with so-called "stated income" mortgage loans (popularly referred to as "liar loans"), where the borrower, or a l

Mortgage fraud is crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth. In United States federal courts, mortgage fraud is prosecuted as wire fraud, bank fraud, mail fraud and money laundering, with penalties of up to thirty years imprisonment.As the incidence of mortgage fraud has risen over the past few years, states have also begun to enact their own penalties for mortgage fraud. Mortgage fraud is not to be confused with predatory mortgage lending, which occurs when a consumer is misled or deceived by agents of the lender. However, predatory lending practices often co-exist with mortgage fraud. Types Occupancy fraud: This occurs where the borrower wishes to obtain a mortgage to acquire an investment property, but states on the loan application that the borrower will occupy the property as the primary residence or as a second home. If undetected, the borrower typically obtains a lower interest rate than was warranted. Because lenders typically charge a higher interest rate for non-owner-occupied properties, which historically have higher delinquency rates, the lender receives insufficient return on capital and is over-exposed to loss relative to what was expected in the transaction. In addition, lenders allow larger loans on owner-occupied homes compared to loans for investment properties. When occupancy fraud occurs, it is likely that taxes on gains are not paid, resulting in additional fraud. It is considered fraud because the borrower has materially misprepresented the risk to the lender to obtain more favorable loan terms. Income fraud: This occurs when a borrower overstates his/her income to qualify for a mortgage or for a larger loan amount. This was most often seen with so-called "stated income" mortgage loans (popularly referred to as "liar loans"), where the borrower, or a l

South Korea Group of Springhill | edublogs.org May 22, '12 12:35 AM by SpringHill for everyone http://tonybricks96.edublogs.org/ http://tonybricks96.edublogs.org/2012/05/21/scrap-n-test-china-tells-n-korea/ China has been quietly and gently pressuring North Korea to scrap plans for a third nuclear test, said two sources with knowledge of closed-door discussions between the countries, but there is no indication how Pyongyang will react. If North Korea goes ahead with the test, China would consider taking some retaliatory steps, but they would not be substantive, a source with ties to Pyongyang and Beijing said. North Korea has almost completed preparations for the test, Reuters had reported in late April, a step that would further isolate the impoverished state after last month's failed rocket launch that the United States says was a ballistic missile test. "China is unhappy … and urged North Korea not to conduct a nuclear test near Changbai Mountain," said the source, who declined to be identified. China feared a radiation leak and damage to the environment from a blast, the source added. "China also complained about the environmental damage to the area after the first two tests." When North Korea conducted nuclear tests in 2006 and 2009, it caused environmental damage to the mountain straddling the border with China. North Korea ceded part of the mountain to China in 1963. It was unclear if the secretive North Korean government, typically unwilling to bow to outside pressure, would defer or drop the plans. China is the closest thing to an ally that North Korea has. "The impact on China's northeast would be huge," the source said of a third test. Chinese officials have discussed whether threats of diplomatic action would be effective, but any action might be restricted to some economic measures to signal China's displeasure and would not affect vital food aid for North Korea, the source said. A Western diplomat, who also asked n

Feb 1, '12 1:07 AM by hannah for everyone By Todd Gilbert Nestled in a valley surrounded by rolling hills and towering peaks reaching 6,000 feet . . . rocky knolls amidst a river of trees that flow through the valley and greet the slopes of the adjacent mountains . . . an Eden amidst the dry, parched chaparral . . . an oasis dense with pines, manzanita and centuries old oak trees that once shaded only the Indians that inhabited the region: "El Valle de los Pinos", as this beautiful mountain valley was known before 1869, describes the abrupt change in scenery that only nature can explain. The surrounding desert terrain compliments the unique valley of over 1,200 acres where cedars and pines flourish amidst lush green meadows of sage and wild lilac. Early settlers of the region included the Cocopah and Coyote Indians and later the Machados family of Old Town who had come to California as pioneers in the late 18th century. For a number of years, Don Manuel Machado and his wife, Serafina Valdes operated a cattle grazing station and lived out of a Adobe house they had built. During the summer, thin and starved longhorn cattle were brought in to fatten up in the rich pastureland. In 1869, former Butterfield Stage coach driver, Captain William S. Emery and his wife settled in the area. Being Scotch-English pioneers from New England, the sound of Spanish words were unpleasant to their ears and, quickly, renamed "El Valle de los Pinos" to its literal translation of Pine Valley. Either way, the valley boasts one of the oldest names in the county. Charles F. Emery, son of Captain Emery, used to tell the story of his father's experiences on the old desert stage route and in dealing with the local Cocopah and Coyote Indians who were constantly running off the cattle he had accumulated. One old Indian, Antonio, told Captain Emery he could show him a beautiful valley in the mountains where there was plenty of grass for cattle where nobody else lived. So the two came on hors

owers may conceal obligations, such as mortgage loans on other properties or newly acquired credit card debt, to reduce the amount of monthly debt declared on the loan application. This omission of liabilities artificially lowers the debt-to-income ratio, which is a key underwriting criterion used to determine eligibility for most mortgage loans. It is considered fraud because it allows the borrower to qualify for a loan which otherwise would not have been granted, or to qualify for a bigger loan than what would have been granted had the borrower's true debt been disclosed. Fraud for profit: A complex scheme involving multiple parties, including mortgage lending professionals, in a financially motivated attempt to defraud the lender of large sums of money. Fraud for profit schemes frequently include a straw borrower whose credit report is used, a dishonest appraiser who intentionally and significantly overstates the value of the subject property, a dishonest settlement agent who might prepare two sets of HUD settlement statements or makes disbursements from loan proceeds which are not disclosed on the settlement statement, and a property owner, all in a coordinated attempt to obtain an inappropriately large loan. The parties involved share the ill-gotten gains and the mortgage eventually goes into default. In other cases, naive "investors" are lured into the scheme with the organizer's promise that the home will be repaired, repairs and/or renovations will be made, tenants will located, rents will be collected, mortgage payments made and profits will be split upon sale of the property, all without the active participation of the straw buyer. Once the loan is closed, the organizer disappears, no repairs are made nor renters found, and the "investor" is liable for paying the mortgage on a property that is not worth what is owed, leaving the "investor" financially ruined. If undetected, a bank may lend hundreds of thousands of dollars against a property that is act

News Center - Springhill Group Home Loans | Briefs..... - thenews.com.pk» http://springhillgrouphome.tumblr.com/day/2012/09/18/ Business digest http://www.thenews.com.pk/Todays-News-3-132475-Briefs China paper hints at anti-Japan sanctions   BEIJING: The mouthpiece of China's Communist Party warned on Monday that Japan's economy could suffer for up to 20 years if Beijing chose to impose sanctions over an escalating territorial row.   Anti-Japanese protests have been held across China in recent days over a dispute on a group of small islands in the East China Sea claimed by both countries but controlled by Tokyo.   The row intensified last week when the Japanese government bought three of the islands, effectively nationalising them, and China responded by sending patrol ships into the waters around them.   Trade sanctions between Asia's two biggest economies could cast a pall over growth on the continent, which major Western countries are counting on to drive recovery from the global slowdown.   A commentary in the People's Daily newspaper said the Japanese economy has already experienced two lost decades from the 1990s and was suffering further weakness in the aftermath of the world financial crisis and 2011 earthquake.   Digital news offering aims at high ground   WASHINGTON: It seems like a terrible time to be launching a news operation.But there are opportunities and niches, and the new digital media launch called Quartz from Atlantic Media Company seeks to exploit them.   Quartz is set to launch in the coming weeks as a "100 percent digital" news operation covering "the most important themes of the new global economy," said editor-in-chief Kevin Delaney.   Quartz has been recruiting a small number of veteran journalists for an overall news staff of around 25 people. The operation will feature tablet and mobile displays as well as a desktop website, qz.com.   "There is an opportunity to do great journalism on a digital platfo

The insurance fraud in Changwon uncovered by the Financial Supervisory Service is both shocking and disturbing. It involved as many as 1,361 people, mostly residents of the South Gyeongsang Province city, who either posed as fake patients or exaggerated their illnesses. Collectively, they claimed 9.5 billion won from 33 insurance companies between 2007 and 2011. At the center of the scam ― the largest ever in terms of the number of people involved ― were three unconscionable hospitals in the city, which recruited fake patients systematically in cahoots with insurance brokers and solicitors. They did this to increase revenue and ease their financial distress. The main ploy used by the hospitals was to share a patient, meaning they would arrange for a patient to check in the three hospitals alternately for a different disease. For this, they faked his illnesses and prepared false documents. For close cooperation, they shared patient information among themselves. This scheme helped patients pocket more insurance money. They all purchased multiple private health insurance policies before hospitalization. On average they received some 7 million won per person. In one example, a man in his 50s was hospitalized for a total of 564 days over three years, collecting 95 million won in insurance. The Changwon case followed a similar one that took place in Taebaek last November, involving more than 400 people in the declining mining town in Gangwon Province. They got a total of 14 billion won in insurance payments. As with the Changwon scam, three financially distressed hospitals in the city played a central role. The two cases suggest that insurance fraud is a fairly common occurrence in Korea. According to the FSS, the number of insurance-related crimes has surged in recent years. Last year alone, more than 70,000 people were caught for insurance scams, with the amount of false claims they filed reaching 423 billion won. Yet the figure represented just t

The insurance fraud in Changwon uncovered by the Financial Supervisory Service is both shocking and disturbing. It involved as many as 1,361 people, mostly residents of the South Gyeongsang Province city, who either posed as fake patients or exaggerated their illnesses. Collectively, they claimed 9.5 billion won from 33 insurance companies between 2007 and 2011. At the center of the scam ― the largest ever in terms of the number of people involved ― were three unconscionable hospitals in the city, which recruited fake patients systematically in cahoots with insurance brokers and solicitors. They did this to increase revenue and ease their financial distress. The main ploy used by the hospitals was to share a patient, meaning they would arrange for a patient to check in the three hospitals alternately for a different disease. For this, they faked his illnesses and prepared false documents. For close cooperation, they shared patient information among themselves. This scheme helped patients pocket more insurance money. They all purchased multiple private health insurance policies before hospitalization. On average they received some 7 million won per person. In one example, a man in his 50s was hospitalized for a total of 564 days over three years, collecting 95 million won in insurance. The Changwon case followed a similar one that took place in Taebaek last November, involving more than 400 people in the declining mining town in Gangwon Province. They got a total of 14 billion won in insurance payments. As with the Changwon scam, three financially distressed hospitals in the city played a central role. The two cases suggest that insurance fraud is a fairly common occurrence in Korea. According to the FSS, the number of insurance-related crimes has surged in recent years. Last year alone, more than 70,000 people were caught for insurance scams, with the amount of false claims they filed reaching 423 billion won. Yet the figure represented just t

BUENOS AIRES, Argentina, March 20, 2012 /PRNewswire via COMTEX/ - Researchers find high incidence rates and deaths in first-ever analysis of the disease impacts in Latin America Today, Latin American researchers and global health leaders revealed preliminary results from the first-ever study to estimate the burden and costs of meningococcal disease in the region. The study found a need for improved surveillance and better understanding of meningococcal epidemiology and information on costs to help devise meningitis vaccination programs. This new research was coordinated by the Sabin Vaccine Institute in partnership with the Pan American Health Organization (PAHO), the International Vaccine Access Center at Johns Hopkins University (JHU's IVAC) and the Centers for Disease Control and Prevention (CDC). Dr. Ciro de Quadros, Executive Vice President of the Sabin Vaccine Institute in Washington, D.C., said, "Clearly, meningitis is a real health and economic burden in Latin America. Too many children are debilitated or die from this serious disease, yet it is preventable by vaccines. Our new research proves that we need to improve our strategies to fight meningococcal disease." Dr. de Quadros spoke at the conclusion of the first Regional Meningococcal Symposium, convened by the Sabin Vaccine Institute and the Pan American Health Organization (PAHO), Regional Office of the World Health Organization (WHO). The symposium, which took place March 19 and 20 in Buenos Aires, brought together more than 150 researchers, vaccine experts, economists and others to evaluate the extent and cost of meningococcal disease and what obstacles impede its prevention through vaccination. "Few diseases have as much power to cause panic among the population as meningococcal disease, said Dr. Marco Aurelio Safadi, Head of the Pediatric Infectious Disease Division at Sao Luiz Hospital in Sao Paulo, Brazil. "This is primarily because of its potentially epidemic nature. The rapid on

BUENOS AIRES, Argentina, March 20, 2012 /PRNewswire via COMTEX/ - Researchers find high incidence rates and deaths in first-ever analysis of the disease impacts in Latin America Today, Latin American researchers and global health leaders revealed preliminary results from the first-ever study to estimate the burden and costs of meningococcal disease in the region. The study found a need for improved surveillance and better understanding of meningococcal epidemiology and information on costs to help devise meningitis vaccination programs. This new research was coordinated by the Sabin Vaccine Institute in partnership with the Pan American Health Organization (PAHO), the International Vaccine Access Center at Johns Hopkins University (JHU's IVAC) and the Centers for Disease Control and Prevention (CDC). Dr. Ciro de Quadros, Executive Vice President of the Sabin Vaccine Institute in Washington, D.C., said, "Clearly, meningitis is a real health and economic burden in Latin America. Too many children are debilitated or die from this serious disease, yet it is preventable by vaccines. Our new research proves that we need to improve our strategies to fight meningococcal disease." Dr. de Quadros spoke at the conclusion of the first Regional Meningococcal Symposium, convened by the Sabin Vaccine Institute and the Pan American Health Organization (PAHO), Regional Office of the World Health Organization (WHO). The symposium, which took place March 19 and 20 in Buenos Aires, brought together more than 150 researchers, vaccine experts, economists and others to evaluate the extent and cost of meningococcal disease and what obstacles impede its prevention through vaccination. "Few diseases have as much power to cause panic among the population as meningococcal disease, said Dr. Marco Aurelio Safadi, Head of the Pediatric Infectious Disease Division at Sao Luiz Hospital in Sao Paulo, Brazil. "This is primarily because of its potentially epidemic nature. The rapid on

By Todd Gilbert Nestled in a valley surrounded by rolling hills and towering peaks reaching 6,000 feet . . . rocky knolls amidst a river of trees that flow through the valley and greet the slopes of the adjacent mountains . . . an Eden amidst the dry, parched chaparral . . . an oasis dense with pines, manzanita and centuries old oak trees that once shaded only the Indians that inhabited the region: "El Valle de los Pinos", as this beautiful mountain valley was known before 1869, describes the abrupt change in scenery that only nature can explain. The surrounding desert terrain compliments the unique valley of over 1,200 acres where cedars and pines flourish amidst lush green meadows of sage and wild lilac. Early settlers of the region included the Cocopah and Coyote Indians and later the Machados family of Old Town who had come to California as pioneers in the late 18th century. For a number of years, Don Manuel Machado and his wife, Serafina Valdes operated a cattle grazing station and lived out of a Adobe house they had built. During the summer, thin and starved longhorn cattle were brought in to fatten up in the rich pastureland. In 1869, former Butterfield Stage coach driver, Captain William S. Emery and his wife settled in the area. Being Scotch-English pioneers from New England, the sound of Spanish words were unpleasant to their ears and, quickly, renamed "El Valle de los Pinos" to its literal translation of Pine Valley. Either way, the valley boasts one of the oldest names in the county. Charles F. Emery, son of Captain Emery, used to tell the story of his father's experiences on the old desert stage route and in dealing with the local Cocopah and Coyote Indians who were constantly running off the cattle he had accumulated. One old Indian, Antonio, told Captain Emery he could show him a beautiful valley in the mountains where there was plenty of grass for cattle where nobody else lived. So the two came on horseback over the Vallecitos trail th

Scope Note The purpose of this study is to provide insight into the breadth and depth of mortgage fraud crimes perpetrated against the United States and its citizens during 2009. This report updates the 2008 Mortgage Fraud Report and addresses current mortgage fraud projections, issues, and the identification of mortgage fraud "hot spots." The objective of this study is to provide FBI program managers with relevant data to better understand the threat, identify trends, allocate resources, and prioritize investigations. The report was requested by the Financial Crimes Section, Criminal Investigative Division (CID), and prepared by the Financial Crimes Intelligence Unit (FCIU), Directorate of Intelligence (DI). This report is based on FBI, state and local law enforcement, mortgage industry, and open-source reporting. Information was also provided by other government agencies, including the U.S. Department of Housing and Urban Development-Office of Inspector General (HUD-OIG), Federal Housing Administration (FHA), the Federal National Mortgage Association, and the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN). Industry reporting was obtained from the LexisNexis Mortgage Asset Research Institute (MARI), RealtyTrac, Inc., Mortgage Bankers Association (MBA), and Interthinx®. Some industry reporting was acquired through open sources. While the FBI has high confidence in all of these sources, some inconsistencies relative to the cataloging of statistics by some organizations are noted. For example, suspicious activity reports (SARs) are cataloged according to the year in which they are submitted and the information contained within them may describe activity that occurred in previous months or years. The geographic specificity of industry reporting varies as some companies report at the zip code level, and others by city, region, or state. Many of the statistics provided by the external sources, including FinCEN, FHA, and HUD-OIG,

Scope Note The purpose of this study is to provide insight into the breadth and depth of mortgage fraud crimes perpetrated against the United States and its citizens during 2009. This report updates the 2008 Mortgage Fraud Report and addresses current mortgage fraud projections, issues, and the identification of mortgage fraud "hot spots." The objective of this study is to provide FBI program managers with relevant data to better understand the threat, identify trends, allocate resources, and prioritize investigations. The report was requested by the Financial Crimes Section, Criminal Investigative Division (CID), and prepared by the Financial Crimes Intelligence Unit (FCIU), Directorate of Intelligence (DI). This report is based on FBI, state and local law enforcement, mortgage industry, and open-source reporting. Information was also provided by other government agencies, including the U.S. Department of Housing and Urban Development-Office of Inspector General (HUD-OIG), Federal Housing Administration (FHA), the Federal National Mortgage Association, and the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN). Industry reporting was obtained from the LexisNexis Mortgage Asset Research Institute (MARI), RealtyTrac, Inc., Mortgage Bankers Association (MBA), and Interthinx®. Some industry reporting was acquired through open sources. While the FBI has high confidence in all of these sources, some inconsistencies relative to the cataloging of statistics by some organizations are noted. For example, suspicious activity reports (SARs) are cataloged according to the year in which they are submitted and the information contained within them may describe activity that occurred in previous months or years. The geographic specificity of industry reporting varies as some companies report at the zip code level, and others by city, region, or state. Many of the statistics provided by the external sources, including FinCEN, FHA, and HU

ST. PETER'S CHURCH HIT BY EXPLOSION March 31, 1936: Dozens of windows were shattered in surrounding buildings and a number of persons were knocked off their feet by a terrific blast in the boiler room of St. Peter church. Firemen think gas accumulated in the flue, ignited and exploded. No damage was done to the furnace and boiler. Carl Schrattenberger, engineer, who was firing the boiler at the time, escaped without injury. He was hurled 15 feet. Persons in the vicinity said a huge cloud of smoke rolled out of the chimney. The force of the blast was felt up to six blocks away. 1964: Representatives of city employees' unions said the proposed $338,000 increase in the city's pay plan was not enough. The unions recommended, instead, an increase of at least 10 percent. The proposal sent to the Personnel Board by Personnel Director Ernest W. Howard called for an annual increase of about 5 percent. It would give raises to about 80 percent of the city's 1,700 employees. 1987: People wanting to establish a day shelter for the homeless would be required to obtain a city permit under a proposal to be reviewed by the City Planning Board. The board also would consider a redevelopment plan for the Lackawanna leather-processing plant a 2420 Z St. The plan called for the city to provide a $250,000 tax-increment loan to help expand the plant. The homeless shelter permit proposal came from City Councilman Walt Calinger. He said the city needed to have some controls over the establishment of shelters. 1996: The gypsy-moth spraying in the previous May that cost the City of Bellevue $15,000 seemed to have taken care of the moth infestation. Only one male moth was found in traps set during the summer. "We're looking real good there," said Stephen Johnson, an entomologist with the Nebraska Department of Agriculture. Johnson said that if traps laid out for the next two years didn't contain any moths, the problem would be considered solved.

ST. PETER'S CHURCH HIT BY EXPLOSION March 31, 1936: Dozens of windows were shattered in surrounding buildings and a number of persons were knocked off their feet by a terrific blast in the boiler room of St. Peter church. Firemen think gas accumulated in the flue, ignited and exploded. No damage was done to the furnace and boiler. Carl Schrattenberger, engineer, who was firing the boiler at the time, escaped without injury. He was hurled 15 feet. Persons in the vicinity said a huge cloud of smoke rolled out of the chimney. The force of the blast was felt up to six blocks away. 1964: Representatives of city employees' unions said the proposed $338,000 increase in the city's pay plan was not enough. The unions recommended, instead, an increase of at least 10 percent. The proposal sent to the Personnel Board by Personnel Director Ernest W. Howard called for an annual increase of about 5 percent. It would give raises to about 80 percent of the city's 1,700 employees. 1987: People wanting to establish a day shelter for the homeless would be required to obtain a city permit under a proposal to be reviewed by the City Planning Board. The board also would consider a redevelopment plan for the Lackawanna leather-processing plant a 2420 Z St. The plan called for the city to provide a $250,000 tax-increment loan to help expand the plant. The homeless shelter permit proposal came from City Councilman Walt Calinger. He said the city needed to have some controls over the establishment of shelters. 1996: The gypsy-moth spraying in the previous May that cost the City of Bellevue $15,000 seemed to have taken care of the moth infestation. Only one male moth was found in traps set during the summer. "We're looking real good there," said Stephen Johnson, an entomologist with the Nebraska Department of Agriculture. Johnson said that if traps laid out for the next two years didn't contain any moths, the problem would

Newsvine - Springhill group Home Loans and Deposits : Blogspot : Redgage - Newsvine By hannahbrooklyn springhillhome On Redgage News Center - Springhill Group Home Loans : Blogspot Springhill Group Home Loans Springhill Group Home Loan's unrelenting aim on Corporate Governance, superior standards of ethics and focus of perspective - Confidence, Reliability, Transparency and Expert Service are the essential attitude of SGH. Customer satisfaction is the tradition of all Springhill Group Home Loan's services. With SHG's state-of-the-art information and facts methods to provide customer's needs inspire customers in order to make the right home buying decision. This is what sets apart SGH's customer service philosophy - Housing Finance With You, All Through. About Us Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services. Springhill Group Home has a wide network of contacts from different loan companies within United States and Asia catering to towns & cities spread across the country providing housing loans and property advisory services. For inquiries, email us at info@springhillgrouphome.com News Center * News Center - Springhill Group Home Loans:Fed Seen Buying $545B Of Home-Loan Debt : Report * News Center - Springhill Group Home Loans : Rates For Home Loans And Savings Could Swing Again * News Center - Springhill Group Home Loans : Rates For Home Loans And Savings Could Swing Again Rural Housing Finance Springhill Group Home Rural Housing Finance Featuresoffers home loans in rural areas for: * Construction of Houses on plot owned by you * Addition of more rooms or floors to your existing house * Renovation & Improvem

ATLANTA - Cases of residential mortgage fraud reported by institutions in the home financing industry fell last year for the second year in a row, according to a new study. The LexisNexis Risk Solutions Mortgage Fraud Report released Wednesday tracks verified instances of home loan fraud or misrepresentation by mortgage industry professionals, as reported by banks and other financial institutions. The fraud could include a borrower falsifying information on loan documents but only if the borrower was conspiring with a mortgage industry professional. The study found that mortgage fraud reports declined 35 percent between 2010 and 2011. One factor in the decline is that mortgage loan originations sank to their lowest levels since 2001 last year, reflecting a sharp drop in sales of new and previously occupied homes. Another is that fewer mortgage fraud schemes are taking place at the point where a buyer tries to get a home loan. Mortgage fraud involving the buying or selling of homes in some stage of foreclosure is becoming more common, according to the FBI. Mortgage fraud investigations by the FBI resulted in 1,082 convictions in fiscal 2011, the agency has said. Loan application and home appraisal fraud and misrepresentation made up the largest category of fraud type being investigated by lenders last year, according to the LexisNexis study. Among the trends identified in the report: Instances where buyers and sellers potentially colluded in a home sale or purchase transaction are running at an elevated pace. One red flag of collusion in a real estate transaction is when there is an undisclosed relationship between buyer and seller, or agent, which could potentially lead to a conflict of interest. Unless disclosed, real estate transactions are expected to be arm's-length, or with buyer and seller having no relationship to each other. In 2011, lenders reported that transactions where such a relationship was not disclosed declined t

Scope Note The purpose of this study is to provide insight into the breadth and depth of mortgage fraud crimes perpetrated against the United States and its citizens during 2009. This report updates the 2008 Mortgage Fraud Report and addresses current mortgage fraud projections, issues, and the identification of mortgage fraud "hot spots." The objective of this study is to provide FBI program managers with relevant data to better understand the threat, identify trends, allocate resources, and prioritize investigations. The report was requested by the Financial Crimes Section, Criminal Investigative Division (CID), and prepared by the Financial Crimes Intelligence Unit (FCIU), Directorate of Intelligence (DI). This report is based on FBI, state and local law enforcement, mortgage industry, and open-source reporting. Information was also provided by other government agencies, including the U.S. Department of Housing and Urban Development-Office of Inspector General (HUD-OIG), Federal Housing Administration (FHA), the Federal National Mortgage Association, and the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN). Industry reporting was obtained from the LexisNexis Mortgage Asset Research Institute (MARI), RealtyTrac, Inc., Mortgage Bankers Association (MBA), and Interthinx®. Some industry reporting was acquired through open sources. While the FBI has high confidence in all of these sources, some inconsistencies relative to the cataloging of statistics by some organizations are noted. For example, suspicious activity reports (SARs) are cataloged according to the year in which they are submitted and the information contained within them may describe activity that occurred in previous months or years. The geographic specificity of industry reporting varies as some companies report at the zip code level, and others by city, region, or state. Many of the statistics provided by the external sources, including FinCEN, FHA, and HU