 ABC News | Watchdog: GMAC bailout could cost taxpayers $6.3B The Associated Press In recent years, it became a key player in subprime mortgage lending and other risky finance that fueled the financial crisis. ... PANEL FINDS PROBLEMS IN BAILOUTS FOR GMAC Where Is GMAC Exit Strategy? US bailout watchdog criticizes Treasury over GMAC |
March 10, 2010
Watchdog: GMAC bailout could cost taxpayers $6.3B - The Associated Press
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Former Quicken spokesman starts own mortgage company - Oakland Press
 CNBC | Former Quicken spokesman starts own mortgage company Oakland Press David Hall, who for years served as the on-air spokesman for Rock Financial, is launching his own mortgage company in Birmingham. ... Former Rock pitchman launches mortgage company of his own Mortgage Veteran Re-Enters Market With New Firm Home Loan Demand Nudges Higher in Latest Week |
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Mortgage pain on the increase - Sydney Morning Herald
Mortgage pain on the increase Sydney Morning Herald The number of households facing mortgage stress has risen to a 16-month high with increases in interest costs outweighing improvements on the jobs front. ... |
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Mortgage broker may face felony charge in alleged assault in Bothell - Seattle Times
Mortgage broker may face felony charge in alleged assault in Bothell Seattle Times King County prosecutors are considering filing a felony charge against a real-estate mortgage broker who allegedly assaulted a woman in downtown Bothell ... |
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GMAC Sells $250M in Problem Mortgages as CFO Steps Down - DSNews.com
GMAC Sells $250M in Problem Mortgages as CFO Steps Down DSNews.com GMAC Financial Services has auctioned off $250 million of problem mortgage assets, using Citigroup Inc. as its broker on the deal, according to a report ... GMAC Financial Officer to Leave Amid RMBS Servicing Change GMAC finance chief to depart Carolinas Roundup |
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U.S. mortgage applications rise - Investor’s Business Daily
 The Guardian | U.S. mortgage applications rise Investor's Business Daily A measure of demand for home loans edged up 0.5% in the week ended March 5, the Mortgage Bankers Association said. Refinancing activity fell 1.5%, ... US MBA Mortgage Applications Index Rose 0.5% Last Week Mortgage Rates Rise Ahead of Treasury Auction. Fail to Recover Afterward Recent Uptick in Mortgage Applications |
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Short sales become foreclosure alternative | Philadelphia Inquirer | 03/10/2010 - Philadelphia Inquirer
 Credit.com News | Short sales become foreclosure alternative | Philadelphia Inquirer | 03/10/2010 Philadelphia Inquirer The short sale, a transaction in which the lender accepts less than the balance owed on the mortgage. Beginning April 5, under new ... Mortgage Refinance Market: Predicting Its Death Obama Refinance Plan – Debt Relief Help with Your Mortgage Home Loan Second Mortgage Trouble—Should Wells Fargo Homeowners Look To Short Sell? |
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Mortgage Modifications Create Cash for Agency MBS Reinvestments - Housing Wire
 New York Times | Mortgage Modifications Create Cash for Agency MBS Reinvestments Housing Wire The system, as it stands, creates a cyclical cash flow from pay-downs when the loans are bought out of mortgage-backed security (MBS) trusts to bondholders ... Politics, shaky economy create no rush to restructure Fannie and Freddie TCW Returns to Mortgage Bonds It Sold After Declines Obama Wants to Tax Good Banks, Protect Bad Ones |
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Owners of strip club where Sean Bell was killed nabbed in $2M mortgage fraud scam - New York Daily News
 1010 Wins | Owners of strip club where Sean Bell was killed nabbed in $2M mortgage fraud scam New York Daily News The mother-and-son owners of the strip club where Sean Bell was killed were nabbed Tuesday in a $2 million mortgage fraud scam. ... Club Owners Charged In Mortgage Fraud Scheme Owners of NY club where groom was shot are charged Club Kalua owners charged with mortgage fraud |
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Northern Rock: more than 4% of mortgage customers are in arrears - The Guardian
 Times Online | Northern Rock: more than 4% of mortgage customers are in arrears The Guardian Photograph: Luke Macgregor/Reuters More than 22500 Northern Rock customers – over 4% – have missed monthly mortgage payments, the nationalised mortgage ... Northern Rock's Government Loan Surges Nationalized UK bank Northern Rock back in profit Hopes rise of profit from Northern Rock sale |
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