Posted by @ 11:17 pm, September 30th, 2007
Keep giant federal agencies out of the mortgage messKansas City Star, MO - 2 hours agoFederal Reserve Chairman Ben Bernanke has rightly warned Congress against allowing a significant expansion of the two mortgage giants, Fannie Mae and …Borrowers Are Feeling Some Heat, but It's Not a 'Mortgage Meltdown' Washington PostFreddie ups the recession risk as new home sales plunge The AustralianRisky credit shunned by Wall Street Inman.com (subscription)all 12 news articles
Posted by @ 8:25 pm, September 30th, 2007
Three New Century directors resignMalaysia Star, Malaysia - 26 minutes agoIt was the largest independent subprime lender last year, according to the Mortgage Bankers Association. The three directors have been named as defendants …
Posted by @ 7:24 am, September 30th, 2007
READERS' PLATFORM: Bubble, bubble … popSan Francisco Chronicle, USA - 59 minutes agoI bought a house in a desirable neighborhood in Harbor Bay in Alameda in 1998 for $285000, refinanced it with a 15-year fixed at 4.5%, and then watched the …
Posted by @ 6:18 am, September 30th, 2007
Veterans, families struggle to deal with high costs back homeAugusta Chronicle (subscription), GA - 1 hour agoThe disability payments don't even cover the $5700-a-month cost of his adjustable home mortgage and equity loans. He owes more on his house than its market …
Posted by @ 5:06 am, September 30th, 2007
Article:On the Record: John Stumpf, president and CEO, Wells Fa:/c …San Francisco Chronicle, USA - 42 minutes agoBut questions have arisen about whether the nation's second-largest mortgage lender can sustain its performance as the real estate market slumps. …
Posted by @ 5:01 am, September 30th, 2007
Sparing Us From the Full Brunt of Our 'Moral Hazard'Signal, CA - 47 minutes agoThird and final installment of an "explainer" concerning the current mortgage crisis in the United States. I enjoy the letters to the editor section of The …
Posted by @ 4:29 am, September 30th, 2007
When a crisis occurs, a homeowner with little cash saved becomes …Ventura County Star, CA - 1 hour agoShe added that some buyers were told that they could get a better loan when it was time to refinance. "They trusted their lenders," she said. …
Posted by @ 4:25 am, September 30th, 2007
The St. Louis housing market: Steady as she goes?St. Louis Post-Dispatch, United States - 9 minutes agoPrice declines have contributed to a subprime-mortgage crisis that has severely tightened credit conditions. Housing-price declines and the …
Posted by @ 3:45 am, September 30th, 2007
Subprime meltdown has little effect on conventional loansDetroit Free Press, United States - 48 minutes ago… home loan option nationwide, with lower minimum down payments and maximum mortgage amounts generous enough to fund loans even in pricey California. …
Posted by @ 3:35 am, September 30th, 2007
Robert Bruss, longtime columnist, diesDetroit Free Press, United States - 58 minutes agoRobert Bruss, a nationally syndicated real estate columnist, author and investing expert, died Wednesday at his home in northern California. …Robert J. Bruss, 67; syndicated journalist wrote about real estate Los Angeles Timesall 107 news articles