Fannie Mae eases ZIP code equity rule
7 min ago | via Chicago Tribune
Fannie Mae is doing away with higher minimum down-payment requirements for borrowers in parts of the country where home prices are dropping.
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Housing,
Foreclosures,
Home,
Mortgage,
Mortgage,
Personal Finance,
Financial Services,
Fannie Mae,
Business News
Consumer confidence index hits lowest level since June 1980
8 min ago | via Chicago Tribune
Confidence among U.S. consumers fell in May to the lowest level in almost 28 years as record-high fuel prices, lower home values and fewer jobs rattled Americans.
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Housing,
Business News
Pair get suspended terms in S. Jersey betting ring
9 min ago | via Gloucester Co. Times
TRENTON Two Philadelphia men each received suspended five-year prison terms Friday for running a gambling ring in South Jersey and Philadelphia and for falsifying a mortgage application.
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Trenton, NJ,
Home,
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Philadelphia, PA Metro,
Atlantic County, NJ
Fitch Rates SMUD's $510MM Series U Elec Refg Revs 'A'; Outlook to Stable
7 hrs ago | via PR-inside.com
Fitch also affirms SMUD's $1.5 billion parity electric revenue bonds and $431.4 million subordinated electric revenue bonds at 'A'. The Rating Outlook is revised from Positive to Stable.
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Energy,
Home,
Mortgage,
Science / Technology,
Alternative Energy
Checklist
15 hrs ago | via Washington Times
U Fannie Mae and Freddie Mac , the largest U.S. mortgage-finance companies, are a "point of vulnerability" to the U.S. financial system and their leverage is so high they are a risk to taxpayers, their ...
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Home,
Mortgage,
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