Posted by @ 11:42 pm, September 6th, 2008
Foreclosure auctions no place for amateursSan Francisco Chronicle, USA - 30 minutes agoThe minimum bid on many properties is equal to what's owed on the mortgage - which generally exceeds the property value. But as the foreclosure crisis has …
Posted by @ 10:39 pm, September 6th, 2008
Around the Inland ValleyContra Costa Times, CA - 1 hour agoThe victim agreed to refinance her home. Prosecutors said Ramirez then submitted a loan application in the woman's name for a home in the 1400 block of …
Posted by @ 8:10 pm, September 6th, 2008
California is holding $5.1 billion in unclaimed money belonging to …San Jose Mercury News, USA - 28 minutes agoMoney held by HUD is often mortgage-insurance fees paid up front to the Federal Housing Administration. Those owed refunds are listed at …
Posted by @ 7:49 pm, September 6th, 2008
Wall Street JournalFannie Mae and Freddie MacWYTV, OH - 49 minutes agoThe troubles in the mortgage market are worst in California and Florida. This comes as a record nine percent of American homeowners with a mortgage, …Paulson to Take Over and Restructure Fannie, Freddie (Update4) BloombergTreasury near unprecedented takeover of Fannie, Freddie Washington TimesJobs Wanted New York TimesBusiness Wire (press release) - Bloombergall 1,754 news articles
Posted by @ 7:28 pm, September 6th, 2008
Paulson to Take Over and Restructure Fannie, Freddie (Update4)Bloomberg - 7 minutes agoAs of mid-August the companies had $223 billion of debt to refinance by the end of the quarter. While they have continued to issue securities, …
Posted by @ 6:02 pm, September 6th, 2008
Paulson to Take Over and Restructure Fannie, Freddie (Update3)Bloomberg - 14 minutes agoAs of mid-August the companies had $223 billion of debt to refinance by the end of the quarter. While they have continued to issue securities, …
Posted by @ 4:36 pm, September 6th, 2008
Sept. 6 (Bloomberg) — Treasury Secretary Henry Paulson will use his authority to rescue Fannie Mae and Freddie Mac , likely placing the beleaguered mortgage-finance companies under government control as early as this weekend.
Posted by @ 4:13 pm, September 6th, 2008
Wall Street JournalPaulson to Takeover and Restructure Fannie, Freddie (Update1)Bloomberg - 58 minutes agoAs of mid-August the companies had $223 billion of debt to refinance by the end of the quarter. While they have continued to issue securities, …Fannie, Freddie fallout felt Asbury Park PressFannie Exec Talks Risks, Opportunity On Wall Streetall 1,264 news articles
Posted by @ 1:19 pm, September 6th, 2008
ABC NewsTreasury near unprecedented takeover of Fannie, FreddieWashington Times, DC - 4 hours ago… California and Nevada where home prices have fallen by as much as 50 percent and people are choosing to walk away from their homes and mortgage …Jobs Wanted New York TimesPaulson Meets With Bernanke, Fannie, Freddie Chiefs (Update2) BloombergNew Consumer Video “Fannie and Freddie: Why They Matter to You … Business Wire (press release)The West Australian - Asbury Park Pressall 1,497 news articles
Posted by @ 1:07 pm, September 6th, 2008
Outside brokers make calls for bankTrading Markets (press release), CA - 12 minutes agoWachovia's refinancing initiative comes as the bank is eliminating 5000 of 11500 jobs in its mortgage unit to cut costs. Insiders describe a difficult work …