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Mortgage News

News on Mortgage continually updated from thousands of sources around the net.

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.

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Related Topix: Home, Mortgage, Personal Finance

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 ...

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Related Topix: Minneapolis, MN, Golden Valley, MN, Anoka, MN, Home, Mortgage, Personal Finance

Tue Aug 19, 2008

SF Gate

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.

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Related Topix: US Politics, US News, Barack Obama, John McCain, Home, Mortgage, Personal Finance

Domain-B

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 ...

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Related Topix: Harvard University, Home, Mortgage, Personal Finance

KansasCity.com

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 ...

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Related Topix: Home, Englewood, CO

Delaware Coast Press

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.

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Related Topix: US Politics, US News, Barack Obama, Home, Virginia

24dash

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 ...

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Related Topix: Home

The Modesto Bee

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.

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Related Topix: Personal Finance, Retirement, Home, Mortgage

Mon Aug 18, 2008

The Oregonian

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.

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Related Topix: Home, Mortgage, Personal Finance, US Politics, US News

Sympatico Finance

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 ...

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Related Topix: Home, Mortgage, Personal Finance

Slam Sports

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.

Comment?

Related Topix: Home, Winter Sports, Curling

News.com.au

Banks risking economy - Swan

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.

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Related Topix: Home

News.com.au

HSBC cuts fixed mortgage rates

HSBC Bank Australia has cut its fixed home loan mortgage rates, citing a recent fall in borrowing costs.

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Related Topix: Home, Mortgage, Personal Finance

Manawatu Evening Standard

Home affordability jumps

Falling interest rates made houses more affordable in July even though the national median house price was steady during the month.

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Related Topix: Home

Sun Aug 17, 2008

NEWS.com.au

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.

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Related Topix: Personal Finance, Home, Mortgage

News Observer

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.

Comment?

Related Topix: Credit Card Debt, Personal Finance, Home, Mortgage

IBJ.COM

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 ...

Comment?

Related Topix: Personal Finance, Home, Mortgage

Home - Redlands Daily Facts

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.

4 comments

Related Topix: Riverside Metro, San Bernardino, CA, Santa Ana, CA, Home, Mortgage, Personal Finance

StarNewsOnline.com

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 ...

Comment?

Related Topix: Home, Mortgage, Personal Finance

Sat Aug 16, 2008

The Cincinnati Enquirer

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.

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Related Topix: Home

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