Growing mortgage crisis spreads to jumbo loans - Seattle Times

Posted by @ 3:24 am, August 26th, 2007

Growing mortgage crisis spreads to jumbo loansSeattle Times, United States - Aug 26, 2007Their California mortgage broker had unexpectedly lost its ability to provide jumbos — an event being repeated by lenders nationwide as the underlying …

Wachovia will lay off mortgage workers - San Jose Mercury News

Posted by @ 11:03 am, August 24th, 2007

Wachovia will lay off mortgage workersSan Jose Mercury News,  USA - Aug 24, 2007It's possible the Wachovia problems related to the California mortgage business could worsen before they improve. Golden West's specialty was …