MORTGAGE MELTDOWN / Johnnie PittsSan Francisco Chronicle,  USA - 20 hours agoThe San Francisco Muni driver had just returned from having his signature notarized on agreements that permanently modify his once-exorbitant mortgage to a …

Read More…

Survey: New year will hammer homebuilders, mortgage lendersBizjournals.com, NC - 6 hours agoOther predicted struggling businesses include mortgage lenders (35 percent of […]

Reuters - H&R Block ousted Ernst last month as the No. 1 U.S. tax preparer suffered huge losses on subprime lending at its Option One Mortgage Corp unit. New management then shut down Option One when its sale to Cerberus Capital Management LP collapsed. The Read More
Reuters - NEW YORK, Dec […]

News.com.au - The Commonwealth Bank, the nation’s biggest mortgage holder, yesterday became the latest bank to lift rates when it boosted all its fixed-rate home loans by 30 basis points to 8.64 per cent for one- to four-year mortgages. The majority of fixed-rate Read More
Miami Herald - Falling home prices this […]

Savers pay the price of mortgage crisisTimes Online, UK - 9 hours agoThe mortgage market is not in great shape and they will not be making much money from it at the moment, so they are looking to make back the money elsewhere …

Read More…

Sri Lanka Fitch downgrades second mortgage lenderLanka Business Online, Sri Lanka - 1 hour […]

Webster Bank streamlining mortgage operationsNewsday, NY - Dec 29, 2007Webster Bank has announced plans to streamline its mortgage operations which could affect about 100 jobs in Cheshire. The bank says it will discontinue …Webster Closing Wholesale Mortgage Operations Hartford CourantWebster Financial to reorganize mortgage banking operations CNNMoney.comUPDATE 1-Connecticut's Webster Fin'l sets mortgage cutbacks ReutersReuters - CNNMoney.comall 30 news […]

Baltimore Sun - It contains information on mortgage lenders, real estate agents and rehab specialists as well as practical advice on the home-buying process. Buying Into Baltimore home-buying fairs and neighborhood tours // This initiative helps people discover Read More
Bloomberg - Residential construction has fallen for seven consecutive quarters, weakening job […]

Borrowers face mortgage shockTimes Online, UK - 20 hours agoHUNDREDS of thousands of homeowners could pay more for their mortgages next year even though the Bank of England is expected to cut interest rates to at …Our experts look at the crystal ball for 2008 Scotsmanall 5 news articles

Read More…

President Signs Three-Year Extension of […]

Washington Post

Mortgage lenders fell on tough times in 2007San Luis Obispo Tribune, CA - 2 hours agoBy Julie Lynem F or those in the mortgage lending business, 2007 was the year of the reality check. With lending standards tightening nationwide because of …Lenders Tighten Standards, Look Beyond Credit Scores Washington Postall 2 news articles

Read More…

Home Move

Mortgage […]

Preapproved and ready to move? Not so fastBoston Globe, United States - 3 hours agoBut just one week before his scheduled closing, the mortgage company that for weeks had assured him he was all set told him there were problems. …

Read More…

Government's mortgage reform proposals are off the markSalt Lake Tribune, United States - 3 hours agoThe subprime […]

Baltimore Sun - The market for collateralized debt obligations, loans packaged into new securities, has dried up after surging subprime mortgage defaults led to rating downgrades and convinced many investors to buy only the safest debt. Already, Citi has been propped Read More
MSN UK News - RAB and hedge fund SRM […]