3 hrs ago | The Toronto Star
U.S. mortgage applications plunge
" Mortgage application volume in the United States fell last week to its lowest levels in more than six years, the Mortgage Bankers Association said Wednesday.
8 hrs ago | Star Tribune
Broker implicated in mortgage fraud scheme pleads guilty
A Twin Cities mortgage broker charged in connection with a $4.9 million mortgage fraud scheme involving dozens of homes in Minneapolis and one in Golden Valley pleaded guilty today to one count of racketeering ...
Paulson previews agenda for next China talks
Treasury Secretary Henry Paulson said Tuesday the next round of high-level talks with China will focus on energy and environmental issues, and efforts to agree on an investment treaty.
Biggest US bank failure yet to come, says former IMF economist
Mumbai: A large US bank is expected to fail in the next few months as the worst of the global financial crisis unfolds, pushing the world's biggest economy deeper into a financial mess, former IMF chief ...
Wholesale prices rising at fastest pace since 1981
Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday.The Labor Department reported that wholesale prices ...
More Budget Cuts: Va. governor won't say how much
With a slow economy eating deeply into state tax collections, Gov. Timothy M. Kaine warned Monday of deep but still unspecified cuts to Virginia's budget just seven weeks after it took effect.
UK housing slump 'forcing homeowners into rental market'
Published by Jon Land for 24dash.com in Housing Tuesday 19th August 2008 - 8:59am UK housing slump 'forcing homeowners into rental market' The housing market downturn is forcing increasing numbers of homeowners ...
Washington offers no relief for savers
Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it.
Wall Street pulls back as financials fall
Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers.
Shares in U.S. mortgage giants Fannie, Freddie fall on renewed bailout fears
Whether or not the U.S. government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario ...
Ruling on ABCP restructuring plan likely won't mark and end to courtroom battles
Canadian investors find out Monday afternoon whether they can hope to see the money they have tied up in $32 billion of frozen asset-backed commercial paper any time soon.
FEDERAL Treasurer Wayne Swan says the retail banks will be putting the economy at risk if they don't match any interest rate cut by the Reserve Bank.
HSBC cuts fixed mortgage rates
HSBC Bank Australia has cut its fixed home loan mortgage rates, citing a recent fall in borrowing costs.
Falling interest rates made houses more affordable in July even though the national median house price was steady during the month.
Credit crunch 'to go on another 12-18 months'
LOL... The banks are trying to cover their behinds for futher interest rate hikes with this excuse.... My fellow consumers be prepared for more hikes, we will never see the end of this.
Don't be tempted by tax 'credit'
Lots of folks have been asking me whether the much-touted first-time homebuyer tax "credit" is worth taking.
Questions and answers on hiring an appraiser
Questions and answers on how consumers can ensure they are getting an honest appraisal when buying or selling a home, refinancing an existing mortgage or taking out a home equity loan or line of credit: Q: Who ...
Homeowners look for help at workshop
Veronica Turner, 37, of San Bernardino is tired of unreturned phone calls from her lender and choosing between buying food for her son and paying the mortgage on her house.
Home Equity Frenzy Was a Bank Ad Come True
"Live Richly." That catchy slogan, dreamed up by the Fallon Worldwide advertising agency, was pitched in 1999 to executives at Citicorp who were looking for a way to lure Americans to financial products like ...
State buying bond to help student loan program
FRANKFORT - Kentucky state officials have a way to help thousands of college students banking on a student loan to help finance the coming fall semester, Gov.