Mortgage and Financial News From 2008-3-1 Page 18

Previous Day: 2008-02-29

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

• Wells Fargo tightens mortgage guidelines

  MSN MoneyCentral - Wells, the second-largest U.S. mortgage lender, has been moving since last June to reduce its mortgage ... The loan-to-value ratio represents the amount of a first mortgage lien compared with the appraised value of a home.
  2008-02-28 07:10:00

• Vulture Fund Deals With Delinquent Homeowners Lost by Subprime

  Bloomberg - Ross paid about $500 million in October to buy the home loan servicing unit of American Home Mortgage Investment Corp., a Melville, New York-based subprime lender that declared bankruptcy last August.
  2008-02-28 06:12:00

• Rep Frank to offer home-buying bill within weeks

  Reuters - Rep Frank to offer home-buying bill within weeks ... The federal entity would determine that the borrower is able to repay the loan when it buys the mortgage from the lender.
  2008-02-28 10:37:00

• Stocks End Lower on Jobs, Bank Worries

  Newsday - Home Delivery ... Thornburg Mortgage Inc. plunged after the lender said it has received margin calls -- calls for immediate repayment of debt -- on a portfolio ...
  2008-02-27 03:53:00

• Fighting to Save A Home

  Washington Post - As Glink and Tamkin report, six mortgage lenders have banned ... borrowers a chance to negotiate better terms with their lender. For more on the housing crisis, read " Mortgage Web ... They're already talking about building a home.
  2008-02-28 07:38:00

• Faced with mortgage default, some U.S. homeowners walk out

  International Herald Tribune - Last week he moved into a three-bedroom rental home for $1,200 a month, less than half the cost of his mortgage. The old house is now the lender's problem.
  2008-02-28 07:27:00

• Wall Street Slows

  Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... the major financials, after late 2007 proved to be a rocky road, and with mortgage ... Shares of the lender tumbled 18.5%, dropping $2.13, to $9.41.
  2008-02-28 11:27:00

• Sprint Nextel, Apple Among Big Movers

  CNN Money - Home Business News Markets Personal Finance Real Estate Technology Small Business Luxury Fortune ... The mortgage lender said it has been the subject of margin calls on a portfolio of mortgage securities backed by alt-A mortgages.
  2008-02-28 10:44:00

• Thornburg CEO Says Don't Fret

  Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... Thornburg Mortgage 's chief is coming out of the office to say that all is not lost. ... Earlier in the day the lender had said it would have to "selectively" sell assets ...
  2008-02-28 01:43:00

• Helping homeowners tripped up by mortgage

  San Diego Union-Tribune - ... the client's legal rights; consultations with a real estate attorney and a certified public accountant; and an estimate of how long the client can remain in a home after he or she stops making mortgage payments. A letter also is sent to the lender ...
  2008-03-01 02:35:00

• Bankruptcy Court Asked to Sanction Countrywide (NYTimes.com via Yahoo! Finance)

  In an escalation of legal trouble facing Countrywide Financial Corporation, federal regulators asked the courts to sanction the company for abusing the bankruptcy system.
  2008-03-01 02:39:13

• Electric Rates Going Up (WMTW Auburn)

  Electric bills are going up in Maine.
  2008-03-01 04:40:02

• COLUMN: Money Panel: 'Short sales' require patience (The Salinas Californian)

  QUESTION: I see lots of homes listed as "short sales." What is a "short sale" and what do I need to know?
  2008-03-01 05:12:49

• A house for a buck? (The Oakland Press)

  For sale: Homes for a dollar. It sounds too good to be true, but several Oakland County communities - including Pontiac, Madison Heights and Oak Park - may take part in a federal program that allows local governments to buy HUD-owned repossessed homes for $1.
  2008-03-01 06:53:39

• Un-Naming Rights (NYTimes.com via Yahoo! Finance)

  IF the University of Wisconsin business school ever writes a case study about itself, the lesson may be that some things are more valuable unsold.
  2008-03-01 08:39:14

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40