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Saturday, July 26, 2008
guardian.co.uk, UK -
It has a system of standardised or 'conforming' mortgages that properly certify an individual's income and employment history and which can thus be guaranteed or insured by giant, government-sponsored agencies such as Fannie Mae, Freddie Mac and the Federal Housing Administration in ... -
Wednesday, July 23, 2008
FOXBusiness -
The highest 30-year mortgage rates in a year eroded demand for US home loan applications last week, according to an industry trade group on Wednesday. The Mortgage Bankers Association's seasonally adjusted application index dropped 6.2% in the week ending ... -
Friday, July 11, 2008
Los Angeles Times, CA -
Healey: So is there a correlation between the propensity to default on a home equity loan and whether the house is under water? Lewis: Yeah, because people ... -
Jul 8, 2008
BBC News, UK -
Banking giant Barclays is cutting 300 jobs at its home loans division in Cardiff, it has announced. Firstplus, which employs around 430 at its base in the Pentwyn area of the city, said it was no longer taking on new customers due to slowing demand. ... -
Wednesday, July 09, 2008
Newsday, NY -
BY ELLEN YAN | ellen.yan@newsday.com Local employees of IndyMac retail mortgage branches were in news-waiting mode yesterday, a day after the company announced it would stop taking new loans and would lay off more than half of its workforce. ... -
Sunday, July 06, 2008
Chicago Tribune, United States -
WASHINGTON—Congress left town for the July 4 recess with a half-baked cake in its legislative oven—one that has huge potential significance for the housing and mortgage markets. The unfinished work is a relief bill designed to rescue hundreds of thousands of ... -
Sunday, July 06, 2008
Houston Chronicle, United States -
Meanwhile, accused investors and loan officers kept working other condo deals. Some of the largest illicit payments from fraudulent mortgages allegedly were funneled to an investor named Latasha Rene Bellow, a former Katy resident who used the company name Nu Management ... -
Jul 4, 2008
Washington Post, United States -
By Kenneth R. Harney Congress left town for the July 4 recess with a half-baked cake in its legislative oven -- one that has huge potential significance for the housing and mortgage markets. The relief package left unfinished is designed to help hundreds of thousands of homeowners ... -
Friday, July 04, 2008
Los Angeles Times, CA -
Sweet deals on home loans have gotten a string of Democrats into hot water lately. Among those humbled was James A. Johnson, who was helping vet potential running mates for Sen. Barack Obama until Johnson's mortgage rate breaks were revealed. But Obama scoffed at the ... -
Thursday, July 03, 2008
Banking Business Review -
The British Bankers Association has reported recently that May 2008 home loan approvals dipped 56% when compared to May 2007 levels and dropped 20% over April 2008 approvals. YOUR OPINION... ...
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Wednesday, June 25, 2008
Bloomberg -
Miller, the top- ranked analyst in Bloomberg's latest survey of stock-pickers, estimates Countrywide will lose as much as $33 billion on bad home loans. ... -
Sunday, June 22, 2008
Best Syndication, CA -
So you have found the house of your dreams and you need finance fast before it slips from your fingers? As opposed to traditional mortgage loan lenders, ... -
Saturday, June 21, 2008
Washington Post, United States -
By David Cho Increasing struggles by consumers and businesses to make payments on a variety of loans, not just mortgages, are setting off a new wave of trouble in the financial sector that is battering even institutions that had steered clear of the subprime-home-loan debacle. ... -
Sunday, June 22, 2008
Hartford Courant, United States -
By MATTHEW KAUFFMAN | Courant Staff Writer The growth in foreclosure cases is the fallout, lawyers and others say, of a rush to sign people up for low-down-payment, adjustable-rate mortgages they could scarcely afford. Adjustable-rate loans for 100 percent of the purchase price, once unheard ... -
Sunday, June 22, 2008
Chicago Tribune, United States -
WASHINGTON—The sagging housing market has presented swindlers with a perfect opportunity to prey on troubled owners. But even owners who are making their payments on time are susceptible to being cheated out of their homes. Financially strapped owners ... -
Saturday, June 21, 2008
Belleville News Democrat, USA -
BY BETH HUNDSDORFER A former Maryville man faces federal charges of mortgage loan fraud after agents said he falsely inflated his income to get a loan on a home in an exclusive neighborhood. Keith Lamont Pittman, 58, purchased the home at 30 Fieldcrest Drive in Maryville ... -
Thursday, June 19, 2008
Dallas Morning News, TX -
By BRENDAN M. CASE / The Dallas Morning News Federal agents arrested eight North Texas men Wednesday in connection with an alleged mortgage fraud operation involving at least 11 homes in the Dallas-Fort Worth area. In a 51-count indictment, the eight men and ... -
Thursday, June 19, 2008
Wall Street Journal Blogs, NY -
By RUTH SIMON Months after Congress moved to lower borrowing costs for homeowners in a number of high-priced housing markets, interest rates are finally becoming more attractive on certain types of so-called jumbo mortgages. The shift could provide a boost to ... -
Sunday, June 15, 2008
Los Angeles Times, CA -
By JW Elphinstone, AP Renters may be the big winners in the housing slump, especially in places like Southern California, Las Vegas and Florida, which have thousands of vacant for-sale and foreclosed homes and condominiums on the market. Apartment vacancies are ... -
Friday, June 13, 2008
Baltimore Sun, United States -
WIlbur Ballesteros leaves US District Court in Greenbelt. He is one of eight indicted in a mortgage fraud scheme that affected homeowners facing foreclosure . ...
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These articles are related to: Mortgage Loans, Commercial Loans, Personal Loans, home loans, home loan, Foreclosure, home equity loan, Mortgage, federal reserve interest rates, refinance, housing market, housing slump, cash out refinance, Foreclosure