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Will New Mortgage Assistance Program Do The Job? 11-14-2008 4:00 pm - AP AP: The U.S. government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners, but will it be enough? The head of the FDIC says more must be done. |
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Supporter: I Won’t Have To Worry About Gas, Mortgage During Obama Presidency 11-01-2008 6:05 pm - WTVJ-TV "I never thought this day would happen." |
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Analyst: McCain’s Proposal to Nationalize Bad Home Mortgages is ‘Sinking Ship of Free-Market Republicans’ 10-07-2008 11:38 pm - Fox News "Well, you guys might have thought that we were witnessing a kind of dull civics course, but in fact, we were witnessing tonight something quite profound -- and that was the sinking ship of free-market Republicans keel over, groan and fall to the bottom of the sea." |
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Frustrated Homeowners Walking Away From Mortgages 08-04-2008 11:30 am - WCCO Minneapolis The housing market is in ruins, and foreclosures continue to pile-up across the country. There may be an option for homeowners who just don't know what to do. |
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Sen. Dodd Defends Sweetheart Countrywide Mortgage Deal 07-14-2008 5:36 pm - CNBC “In fact, we're more than happy to talk about that and since we've talked about having a – refinancing a house some years ago. And those rates we were given were exactly within the band of rates that were available to people.” |
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Conrad Denies Receiving Special Treatment In Countrywide Mortgage Deal 06-20-2008 4:09 pm - KMOT-TV "I am honest, I am careful with money, I don't see seek special favor, that's just not me." |
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Mortgage Crisis Fallout: Tent Cities Spring Up in LA 03-18-2008 1:35 pm - BBC "It came down to feeding my family or keeping the house. So, I got rid of the house." |
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Live From The Blogosphere!
MORE people in Exeter are at risk of losing their homes because of mortgage and rent arrears, new figures show. The number of mortgage repossession...
A debate has sprung up in the San Francisco Chronicle and on other blogs about whether it's right for homeowners to deliberately stop making payments in order to qualify for programs that reduce their mortgage payments.
Wells Fargo is cutting 80 percent to 90 percent of its wholesale mortgage jobs nationwide, according to the Web site the Mortgage Lending Implode-o-Meter, including cutting a lending division in...
9 Reasons Why You Need A Personal Mortgage Website - Free Reprint Article Written By Tom Domin.
Thousands of subprime mortgage lenders and brokers—many of them the very sorts of firms that helped create the current financial crisis—are going strong. Their new strategy: taking advantage of a long-standing federal program designed ...
Indeed, in the wake of the global financial crisis and America's mortgage meltdown, it's worth another read or, if you can't face reading the play, another squiz at the DVD. Look at the panic of the failing salesman played by Jack Lemon ...
Voluntary programs proposed by the Mortgage Bankers Association are not being used by home loan servicers. Many of the major banks have promised to modify distressed loans. That would be a great solution. In fact, if the home loan were ...
Nothing-down options are available on the private mortgage market, but, in general, they require the borrower to have pristine credit. Bush's proposed change would extend the nothing-down option to borrowers with blemished credit. ...
Seizure and sale of Downey Financial Corp. and two smaller lenders may cost the FDIC more than $2 billion as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression.
The number of mortgages in arrears in the UK is rising and likely to exceed expectations by the end of the year, according to the latest figures published today.
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