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Archive for January, 2009

Mortgage crisis spreads to more affluent areas of Silicon Valley - San Jose Mercury News

by @ Saturday, January 31st, 2009. Filed under Uncategorized

Mortgage crisis spreads to more affluent areas of Silicon Valley
San Jose Mercury News,  USA - 12 hours ago
She is trying to get her mortgage lenders to lower the principal balance on her loan to give her more breathing room, but with no luck so far. ...

Obama readies road map for new bailout spending - The Associated Press

by @ Saturday, January 31st, 2009. Filed under Uncategorized

CTV.ca

Obama readies road map for new bailout spending
The Associated Press - 12 hours ago
WASHINGTON (AP) — President Barack Obama on Saturday promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and ...
Obama to outline economic strategy soon WZTV
Area Congessmen vote against plan Carmi Times
Obama in spending plan TeleText
all 632 news articles

Senate Republicans to push to lower mortgage rates, cut tax rates - The Miami Herald

by @ Saturday, January 31st, 2009. Filed under Uncategorized

FOXNews

Senate Republicans to push to lower mortgage rates, cut tax rates
The Miami Herald, FL - 13 hours ago
By DAVID LIGHTMAN WASHINGTON -- Republicans will push to lower mortgage rates to 4 percent and cut the lowest tax rates when the Senate begins consideration ...
Video: GOP Targets Stimulus Bill CBS
Senate Republicans want to gaurantee mortgages The Hill
In an about-face, Republicans push for cut-rate home loans in ... Las Vegas Sun
Seeking Alpha - The Washington Independent
all 12,615 news articles

Pound Posts Record Monthly Gain Against Euro as Mortgages Rise - Bloomberg

by @ Saturday, January 31st, 2009. Filed under Uncategorized

Pound Posts Record Monthly Gain Against Euro as Mortgages Rise
Bloomberg - 14 hours ago
31 (Bloomberg) -- The pound posted a record monthly gain against the euro after a government report showed UK mortgage approvals unexpectedly increased in ...

Obama nod to mortgage relief targets root of woes - Reuters

by @ Saturday, January 31st, 2009. Filed under Uncategorized

Canada.com

Obama nod to mortgage relief targets root of woes
Reuters - 14 hours ago
Obama promised on Saturday to lower mortgage costs as part of a financial rescue effort he is unveiling soon to boost the battered economy, which has been ...
Obama team weighs mortgage moves Cape Cod Times
Geithner to Unveil Strategy to Revive Credit Flow New York Times
New Obama strategy could lower mortgage costs MarketWatch
Deutsche Welle - Telegraph.co.uk
all 153 news articles

Banks Bypassing Mortgage Brokers - New York Times

by @ Saturday, January 31st, 2009. Filed under Uncategorized

This is Money

Banks Bypassing Mortgage Brokers
New York Times, United States - 2 hours ago
By BOB TEDESCHI MORTGAGE brokers have long served as an important loan source. Compared with the loan officer at a local bank, brokers typically offer a ...
Sometimes, Loans Should Be Unlocked Washington Post
Mortgage modifications hit a record in Dec.; rates dip USA Today
Mortgage Rates Dip to Attractive Levels U.S. News & World Report
Bloomberg - Times Online
all 156 news articles

Film Impresario's Unhappy Ending - Washington Post

by @ Saturday, January 31st, 2009. Filed under Uncategorized

Film Impresario's Unhappy Ending
Washington Post, United States - 2 hours ago
By Annie Gowen A Fairfax County mortgage broker and Bollywood film impresario was sentenced in federal court in Alexandria yesterday to seven years in ...
Bollywood promoter sentenced in bank fraud scam The Associated Press
Va. Bollywood Producer Gets 7 Years in Bank Fraud Washington Post
all 112 news articles

Why Be a Nation of Mortgage Slaves? - Wall Street Journal

by @ Saturday, January 31st, 2009. Filed under Uncategorized

Why Be a Nation of Mortgage Slaves?
Wall Street Journal - 2 hours ago
Walking away from the mortgage immediately repairs the balance sheet. Credit may be damaged, but homeowners can rebuild it. And by renting something they ...

Freddie Mac Increases Fees on Some Mortgages - Wall Street Journal

by @ Friday, January 30th, 2009. Filed under Uncategorized

The Money Times

Freddie Mac Increases Fees on Some Mortgages
Wall Street Journal - 8 hours ago
By JAMES R. HAGERTY Freddie Mac posted on its Web site late Friday higher fees that will raise costs for some home mortgage borrowers. ...
Freddie Mac to keep borrowers in foreclosed homes Los Angeles Times
Freddie, Fannie Extend Eviction Freeze Until March Bloomberg
Fannie Mae portfolio, delinquencies rose in Dec Reuters
MarketWatch - Forbes
all 313 news articles

Sea of policy options raise mortgage bond angst - Reuters

by @ Friday, January 30th, 2009. Filed under Uncategorized

Reuters

Sea of policy options raise mortgage bond angst
Reuters - 9 hours ago
They had been making headway in finding a way to value their mortgage holdings, which have been drubbed by delinquencies and foreclosures. ...

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