Foreclosure auctions no place for amateurs - San Francisco Chronicle

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 …

Around the Inland Valley - Contra Costa Times

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 …

California is holding $5.1 billion in unclaimed money belonging to … - San Jose Mercury News

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 …

Fannie Mae and Freddie Mac - WYTV

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

Paulson to Take Over and Restructure Fannie, Freddie (Update4) - Bloomberg

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, …

Paulson to Take Over and Restructure Fannie, Freddie (Update3) - Bloomberg

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, …

Paulson to Takeover and Restructure Fannie, Freddie (Update1) (Bloomberg.com)

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.

Paulson to Takeover and Restructure Fannie, Freddie (Update1) - Bloomberg

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

Treasury near unprecedented takeover of Fannie, Freddie - Washington Times

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

Outside brokers make calls for bank - Trading Markets (press release)

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 …