Mortgage crisis seeps to prime loans (USA Today)
The first concrete evidence that delinquencies on mortgage bills have spread well beyond those with subpar credit shows that even prime borrowers have increasingly fallen behind on their house payments.(Fri, 09 May 2008 15:18:58 GMT)
US House-approved mortgage crisis bill faces veto (AFP via Yahoo! News)
The US House of Representatives has approved a bill that lawmakers hope could stem the tide of home foreclosures due to the subprime mortgage crisis, but it faces a presidential veto.(Fri, 09 May 2008 01:04:57 GMT)
N.H. Senate supports licensing mortgage originators (Boston Globe)
New Hampshire is one step closer to requiring licenses from people who arrange mortgage loans.(Fri, 09 May 2008 14:23:42 GMT)
CNN Classroom Edition: Busted! Mortgage Meltdown (CNN.com)
(CNN Student News) -- Record the CNN Special Investigations Unit Classroom Edition: Busted! Mortgage Meltdown when it airs commercial-free on Monday, May 12, 2008, from 4:00 -- 5:00 a.m. ET on CNN. (A short feature begins at 4:00 a.m. and precedes the program.)(Thu, 08 May 2008 20:08:53 GMT)
Witnesses: Mortgage lenders abusing court system (USA Today)
Mortgage lenders are abusing the bankruptcy court system by pursuing unjustified foreclosures against struggling homeowners, piling on questionable fees and misstating the amounts owed, witnesses alleged at a congressional hearing on Tuesday.(Thu, 08 May 2008 19:53:22 GMT)
AIG sees market affecting mortgage units into 2009 (Reuters via Yahoo! UK & Ireland News)
American International Group sees weak market conditions in the U.S. residential market affecting its operating results at two mortgage units into 2009, its chief executive said on Friday.(Fri, 09 May 2008 16:23:00 GMT)
Mortgage case brings woman 18-year term (Orlando Sentinel)
A Central Florida woman has been sentenced to 18 years in prison for her role in mortgage-fraud schemes that authorities say also involved her husband, daughter and another person. (Fri, 09 May 2008 13:28:31 GMT)
Mortgage rates nearly stable (Chicago Sun-Times)
Thirty-year fixed-rate mortgages averaged 6.05 percent this week, down 0.01 percent from last week, mortgage giant Freddie Mac reported Thursday.(Fri, 09 May 2008 09:10:46 GMT)
|
