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Archive for September, 2008

Mortgage approvals sink to another record low - Independent

by @ Monday, September 29th, 2008. Filed under Uncategorized

Mortgage approvals sink to another record low
Independent, UK - 1 hour ago
Mortgage lending, in particular, has been hit once again, pointing to further falls in house prices in the months ahead. Consumer borrowing rose modestly, ...
Mortgage lending reaches record low The Press Association
UK mortgage market buckles in Aug, lending dives guardian.co.uk
Financial crisis: Mortgage lending plunges 95 per cent as housing ... Telegraph.co.uk
Sky News - Reuters UK
all 280 news articles

Troubled British mortgage lender nationalized - abc7news.com

by @ Monday, September 29th, 2008. Filed under Uncategorized

CBS News

Troubled British mortgage lender nationalized
abc7news.com, CA - 2 hours ago
The British government is nationalizing troubled mortgage lender Bradford & Bingley, the Treasury confirmed Monday, taking over the bank's 50 billion pound ...
Santander Strikes Gold--Again Forbes
Bradford & Bingley Is Seized; Santander Buys Branches (Update2) Bloomberg
Another small bank capsizes in a storm-tossed sea Economist
International Herald Tribune - Aljazeera.net
all 597 news articles

UPDATE 1-Mortgage markets hit; US bailout plan voted down - Forbes

by @ Monday, September 29th, 2008. Filed under Uncategorized

Boston Globe

UPDATE 1-Mortgage markets hit; US bailout plan voted down
Forbes, NY - 2 hours ago
NEW YORK, Sept 29 (Reuters) - US mortgage-related markets fell or lagged rallies in Treasury debt on Monday as turmoil spread through the banking system and ...
Use Fannie and Freddie to Rebuild the Home Mortgage Market Center For American Progress
Southwest Georgia Financial Corporation Declares Quarterly Cash ... MarketWatch
LAMBRO: Subprime mortgage suspects Washington Times
Bizjournals.com - Gather.com
all 1,048 news articles

Bailout's failure bad news for housing market - International Herald Tribune

by @ Monday, September 29th, 2008. Filed under Uncategorized

Canada.com

Bailout's failure bad news for housing market
International Herald Tribune, France - 3 hours ago
"If they don't do something, they're going to shut down real estate completely," said Richard Shuman, a real agent and mortgage broker near Orlando, Fla., ...
The US mortgage game: How should it change? Christian Science Monitor
Stocks Plunge on Financial, Bailout Worries BusinessWeek
TOPWRAP 3-European banks rescued as US bailout vote nears guardian.co.uk
Vancouver Sun - Originator Times
all 576 news articles

US mortgage rates unchanged on Monday - BestInfo - Reuters

by @ Monday, September 29th, 2008. Filed under Uncategorized

US mortgage rates unchanged on Monday - BestInfo
Reuters - 4 hours ago
NEW YORK, Sept 29 (Reuters) - The average rate on a 30-year US mortgage with no upfront points was unchanged at 6 percent on Monday, according to BestInfo ...

Fannie, Freddie disclose subpoenas, investigations - The Associated Press

by @ Monday, September 29th, 2008. Filed under Uncategorized

The Associated Press

Fannie, Freddie disclose subpoenas, investigations
The Associated Press - 6 hours ago
WASHINGTON (AP) — Adding to their woes, mortgage finance giants Fannie Mac and Freddie Mac are facing a federal grand jury investigation into their ...
Fannie, Freddie Probes Widen as SEC Seeks Documents (Update1) Bloomberg
Government Launches Fannie and Freddie Probe Washington Post
Freddie, Fannie subpoenaed; SEC opens probes MarketWatch
Trading Markets (press release) - TheStreet.com
all 389 news articles

Online Mortgages - The End of the Era of Loan Officers - MarketWatch

by @ Monday, September 29th, 2008. Filed under Uncategorized

Online Mortgages - The End of the Era of Loan Officers
MarketWatch - 7 hours ago
For the first time in history, online mortgage applications have surpassed traditional mortgage loan applications. The shift from traditional over the phone ...
Rescue Includes Steps to Help Borrowers Keep Homes Wall Street Journal
all 7 news articles

Mortgage lending stalls as B&B closes mortgage business - Times Online

by @ Monday, September 29th, 2008. Filed under Uncategorized

Wall Street Journal

Mortgage lending stalls as B&B closes mortgage business
Times Online, UK - 9 hours ago
The mortgage market barely managed to grow last month, according to new figures released by the Bank of England, with net lending at only £143 million ...
B&B mortgage customers await rate verdict guardian.co.uk
Buy-to-let hit by nationalisation The Press Association
Bradford & Bingley: A nail in the coffin for buy-to-let investors Telegraph.co.uk
Property News - guardian.co.uk
all 432 news articles

Wachovia Option-ARM Mortgage Losses May Force Merger (Update2) - Bloomberg

by @ Monday, September 29th, 2008. Filed under Uncategorized

CEP News

Wachovia Option-ARM Mortgage Losses May Force Merger (Update2)
Bloomberg - 16 hours ago
The mortgages, which the bank calls ``pick-a-pay,'' represent 73 percent of Wachovia's loan portfolio, according to its Web site. ...
Bailout plan could aid firms that buy troubled banks Los Angeles Times
The day Wachovia died The Daily Deal (subscription)
National City Shares Skid To All-Time Low Wall Street Journal
Grand Junction Sentinel - MarketWatch
all 203 news articles

Mortgage investment welcomed by industry - The Age

by @ Monday, September 29th, 2008. Filed under Uncategorized

Australia.TO

Mortgage investment welcomed by industry
The Age, Australia - 17 hours ago
The federal government's planned $4 billion investment in the mortgage market is a small but welcome step in the right direction, the mortgage industry says ...
Australian mortgage move could help local pricing National Business Review
Australia government mortgage plan stirs doubts Economic Times
Government backs mortgage sector InvestorDaily
Sydney Morning Herald - The Age
all 508 news articles

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