mortgage

Latest MORTGAGE News and Developments

Court tilts Wachovia fight toward Wells - Forbes
( Mon, 06 Oct 2008 02:16:47 GMT )

Court tilts Wachovia fight toward Wells
Forbes, NY - 8 minutes ago
Wachovia is among the banks whose billions of dollars in losses from bad mortgage bets ultimately led to the government's $700 billion plan to buy bad ...

Spectre of deflation emerges as a threat - Sydney Morning Herald
( Mon, 06 Oct 2008 01:42:46 GMT )

Spectre of deflation emerges as a threat
Sydney Morning Herald, Australia - 42 minutes ago
In Britain, the Nationwide Building Society says house prices have dropped 12.4% in the past year as banks restrict the supply of mortgages, ...

Americans eye bailout, and continue cutting back - The News-Press
( Mon, 06 Oct 2008 01:44:36 GMT )

Americans eye bailout, and continue cutting back
The News-Press, FL - 40 minutes ago
The bailout plan, quickly signed into law by President Bush after it passed the House by a comfortable margin Friday, will buy bad mortgage debt off the ...

Main Street's defining moments - Ocala
( Mon, 06 Oct 2008 02:14:49 GMT )

Main Street's defining moments
Ocala, FL - 10 minutes ago
But never did he consider getting a second mortgage to finance a destination extravaganza. That was a privilege, or rather, in his opinion, ...

BLOG OF THE WEEK by Intelligent Searcher -- ARE WE ALSO HEADING TO ... - Democrat Newspaper
( Mon, 06 Oct 2008 01:53:48 GMT )

BLOG OF THE WEEK by Intelligent Searcher -- ARE WE ALSO HEADING TO ...
Democrat Newspaper, St. Kitts and Nevis - 31 minutes ago
If we consider Government with its affordable housing schemes as a Mortgage Company, dishing out houses by favour and not according to ability to pay, ...

Court tilts Wachovia fight toward Wells Fargo - Marketplace
( Mon, 06 Oct 2008 01:44:54 GMT )

Court tilts Wachovia fight toward Wells Fargo
Marketplace, CA - 40 minutes ago
Wachovia is among the banks whose billions of dollars in losses from bad mortgage bets ultimately led to the government's $700 billion plan to buy bad ...

Market, dollar sink further - Brisbane Times
( Mon, 06 Oct 2008 01:45:17 GMT )

Market, dollar sink further
Brisbane Times, Australia - 40 minutes ago
... there are by their magnitude and scale medium-term solutions to unclogging the world's banking system of toxic US bad mortgage loans and the heightened ...

Dubai lenders in talks on merger - Financial Times
( Mon, 06 Oct 2008 02:06:02 GMT )

Dubai lenders in talks on merger
Financial Times, UK - 19 minutes ago
By Robin Wigglesworth in Abu Dhabi Two government-controlled mortgage lenders in Dubai have said they are discussing a merger, a sign that political ...

Owners swap homes they cant sell - The News-Press
( Mon, 06 Oct 2008 02:17:55 GMT )

Owners swap homes they cant sell
The News-Press, FL - 7 minutes ago
Zarem wants to find a nice two-bedroom house and assume the mortgage, while another homeowner takes on his larger debt. Real estate lawyers say it probably ...

Court tilts Wachovia fight toward Wells Fargo - WJLA
( Mon, 06 Oct 2008 02:15:47 GMT )

Court tilts Wachovia fight toward Wells Fargo
WJLA, DC - 9 minutes ago
Wachovia is among the banks whose billions of dollars in losses from bad mortgage bets ultimately led to the government's $700 billion plan to buy bad ...

Thai Stocks May See Losses Accelerate - Trading Markets (press release)
( Mon, 06 Oct 2008 02:19:49 GMT )

Thai Stocks May See Losses Accelerate
Trading Markets (press release), CA - 5 minutes ago
Earlier in the day, the House of Representatives passed a measure to allow the Bush Administration to buy up to $700 billion in mortgage-backed securities ...

Countrywide to Set Aside $8.4 Billion in Loan Aid - New York Times
( Mon, 06 Oct 2008 02:16:17 GMT )

Countrywide to Set Aside $8.4 Billion in Loan Aid
New York Times, United States - 9 minutes ago
The Countrywide effort is the most comprehensive, mandatory loan workout program since the mortgage crisis began last year. Congress has proposed various ...

Wachovia Says It Will Press Ahead With Wells Deal - FOX 9 News
( Mon, 06 Oct 2008 01:42:52 GMT )

Wachovia Says It Will Press Ahead With Wells Deal
FOX 9 News, MN - 42 minutes ago
A protracted court fight raised that possibility that Wachovia, already hurt by billions of dollars in losses from failed mortgages, will further weaken. ...

Wells Fargo Statement on Appellate Court Decision to Vacate ... - Trading Markets (press release)
( Mon, 06 Oct 2008 02:20:24 GMT )

Wells Fargo Statement on Appellate Court Decision to Vacate ...
Trading Markets (press release), CA - 5 minutes ago
Wells Fargo & Company is a diversified financial services company with $609 billion in assets, providing banking, insurance, investments, mortgage and ...

Barron's: Give the Drunks More Booze, er, Money - KELOLAND TV
( Mon, 06 Oct 2008 02:05:49 GMT )

Barron's: Give the Drunks More Booze, er, Money
KELOLAND TV, SD - 19 minutes ago
... is the socialization of risk for capitalists. Meanwhile, if youre having problems paying your mortgage, dont expect Uncle Sam to help you anytime soon.

Wells Fargo Statement on Appellate Court Decision to Vacate ... - Earthtimes (press release)
( Mon, 06 Oct 2008 01:58:22 GMT )

Wells Fargo Statement on Appellate Court Decision to Vacate ...
Earthtimes (press release), UK - 27 minutes ago
Wells Fargo & Company is a diversified financial services company with $609 billion in assets, providing banking, insurance, investments, mortgage and ...