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Old National: Rogue Loan Officer Drove $17 Million Loss
Apr 07, 2008Old National Bancorp [stock ONB][/stock] said Monday that it would take a $21.9 million hit to its loan loss reserves when it reports first quarter earnings on April 28 — and said that it had pegged $17 million of the expected charges to loans administered by one single loan officer, who (not surprisingly) is no longer with the company. The company said it was investigating for misconduct, but did not identify the former employee by name.
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Mortgage Fraud Detection Improving, Treasury Unit Says
Apr 04, 2008 -
Industry Representatives Urge Slowdown on RESPA
Apr 04, 2008 -
In Philly, a New Epicenter for the Battle Over Foreclosures
Apr 03, 2008 -
MetLife to Acquire Everbank Reverse Mortgage
Apr 03, 2008 -
Federal Judge Green-Lights Countrywide Probe
Apr 02, 2008 -
Bucking the Trend: Detroit Lender Looking to Boost Staff
Mar 28, 2008 -
Mortgage Fraud Losses Pegged at $2.5 Billion in 2008
Mar 28, 2008 -
Philadelphia City Council Suspends Foreclosure Sales, Calls for a Six Month Moratorium
Mar 27, 2008 -
Mortgage REITs are so hot right now
Mar 26, 2008 -
Security Capital Reduces Workforce
Mar 26, 2008 -
Fires! Foreclosures! Court battles!
Mar 25, 2008
