2008-09-08 04:00:00

Plan Skirts Housing's Biggest TroublesWall Street Journal - 9 minutes agoNor are lower mortgage rates expected to relieve many homeowners seeking to refinance their loans before their current rates reset at higher levels. ....

2008-09-08 04:00:00

We Need Fundamental Mortgage ReformWall Street Journal - 9 minutes agoSecuritization also incurs high transaction costs, particularly when home mortgages are merely refinanced at a lower interest rate. ....

2008-09-08 04:00:00

Business Wire (press release)Risky mortgages threaten to keep housing market downDetroit Free Press, United States - 20 hours agoThey can't refinance because housing prices have nose-dived, and lenders are demanding full documentation of income and assets. Losses on liar loans could ...Fannie, Freddie fallout felt Asbury Park Pressall 13 news articles.

2008-09-08 04:00:00

The Associated PressFannie, Freddie deal helps some borrowers, not allThe Associated Press - 5 hours ago"But frankly no, it won't help (struggling borrowers) to refinance." Fannie Mae and Freddie Mac play a critical and increasingly dominant role in the ....

2008-09-08 04:00:00

CNBCHome foreclosures at record high in the USdomain-B, India - Sep 6, 2008... the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't refinance or sell. ...Troubles spread to prime Md. mortgages Baltimore SunForeclosures In Connecticut, Nation At Record Rate Hartford CourantUS home loan troubles break records again The Canadian PressHouston Chronicleall 684 news articles.

2008-09-08 04:00:00

Houston ChronicleBaytown woman sues lenders, says she was a victim of predatory ...Houston Chronicle, United States - Sep 4, 2008By MARY FLOOD Nanette Lewis is suing two mortgage companies for alleged predatory loan practices when she refinanced her home. The state attorney general ....

2008-09-08 04:00:00

Wall Street JournalUS economy not out of the woods despite Fannie-Freddie bailoutABC Online, Australia - 3 hours agoDespite one piece of good news in continuing crisis, banks can now continue writing down their losses, and home buyers can possibly refinance into cheaper ...Video: Obama Calls for Changes in Mortgage Giants AssociatedPressFull Story KARKAs rescue looms, questions raised Boston GlobeEasyBourse.com - New York Timesall 5,438 news articles.

2008-09-08 04:00:00

Program helping first-time homebuyers is due to expireEast Valley Tribune, AZ - Sep 6, 2008"Where I think it's really going to help are those individuals who are getting close to losing their home and can refinance using a government-backed ....

2008-09-08 04:00:00

Mortgage firm takeovers called critical stepThe Union Leader, NH - 5 minutes agoHis organization works with first-time home buyers to prepare them for all the financial challenges of taking on a loan. Once things stabilize, the tide ....

2008-09-08 04:00:00

The Associated PressHome loan troubles break records againThe Associated Press - Sep 5, 2008"We are unlikely to see a national turnaround until we see a turnaround in the two largest states," with the most outstanding home loans, said Jay Brinkmann ....