Mortgages

Archive for March, 2008

How to Cast a Mortgage Lifeline? - New York Times (Mortgage News)

Sunday, March 30th, 2008

New York Times

How to Cast a Mortgage Lifeline?New York Times, United States - 17 hours agoThe banking committee chairmen Christopher J. Dodd, left, and Barney Frank (with Senator Charles E. Schumer, right) are cooperating on a mortgage plan. …Congress feels slump in housing market Atlanta Journal ConstitutionDodd Starts Circulating His Mortgage Rescue Plan CBS Newsall 10 […]

Posted in Mortgages | No Comments »


Bush Says Administration Will Expand Mortgage-Relief (Update1) - Bloomberg (Mortgage News)

Sunday, March 30th, 2008

Boston Globe

Bush Says Administration Will Expand Mortgage-Relief (Update1)Bloomberg - 7 hours agoThe White House is “committed to building on'' its program to help borrowers refinance mortgages, Bush said in his weekly radio address today. …Democrats urge bills to help struggling mortgage holders Minneapolis Star Tribune (subscription)Bush Plan May Forgive Some Mortgage Loans, Washington Post Says BloombergBush […]

Posted in Mortgages | No Comments »


Mortgage giants look to rein in lending mortgages - Independent (Mortgage News)

Saturday, March 29th, 2008

The Sun

Mortgage giants look to rein in lending mortgagesIndependent, UK - Mar 27, 2008By James Daley, Personal Finance Editor Two of Britain's biggest lenders announced sudden plans yesterday to hike the price of their mortgages, …Lowest house-price growth for 12 years ScotsmanNationwide ups its mortgage rates BBC NewsNationwide and Halifax put up mortgage rate Times OnlineGuardian - Guardianall […]

Posted in Mortgages | No Comments »


American Mortgage Acceptance Company Reports Financial Results for … - WELT ONLINE (Mortgage News)

Saturday, March 29th, 2008

American Mortgage Acceptance Company Reports Financial Results for …WELT ONLINE, Germany - 12 hours agoAmerican Mortgage Acceptance Company ("AMAC” or the "Company”) (AMEX:AMC) today announced financial results for the fourth quarter and twelve months ended …

Read More…

Mastic Beach home, another casualty in mortgage messNewsday, NY - 2 hours agoSmith-Correa and her husband, Chris, live in Mastic Beach, […]

Posted in Mortgages | No Comments »


Blindsided by the subprime storm - Globe and Mail (Mortgage News)

Saturday, March 29th, 2008

Blindsided by the subprime stormGlobe and Mail, Canada - 1 hour agoThe alternative lender, which relied on the securitization of its loans to finance new mortgages, has been hammered by the collapse of the market for …Xceed Mortgage cuts staff including 2 senior execs ReutersXceed Announces Further Cost-Reduction Measures Canada NewsWire (press release)Xceed Mortgage Executives Resign; 74 […]

Posted in Mortgages | No Comments »


Housing market woes hit mortgage approval levels - Scotsman (Mortgage News)

Friday, March 28th, 2008

Metro

Housing market woes hit mortgage approval levelsScotsman, United Kingdom - 22 hours agoBy ROSEMARY GALLAGHER MORTGAGE approvals for house purchase have plummeted in the last 12 months as a result of a flat housing market and the credit crunch. …Mortgage approvals close to record lows Telegraph.co.ukMortgage approvals fall by a third GuardianMortgage lending strengthens slightly Easier (press […]

Posted in Mortgages | No Comments »


Sub-prime Mortgages cause the Pre-foreclosure Market to Boom - Emailwire (Mortgage News)

Friday, March 28th, 2008

Sub-prime Mortgages cause the Pre-foreclosure Market to BoomEmailwire - 4 hours agoAccording to the Mortgage Bankers Association, consumers with normally good credit are also defaulting on their mortgages. More than 5 percent of loans …

Read More…

Xceed Mortgage cuts staff including 2 senior execsReuters - 12 hours agoXceed has about C$2.5 billion of mortgages and other assets […]

Posted in Mortgages | No Comments »


Mortgage crunch as 3m cheap fixed deals expire - Telegraph.co.uk (Mortgage News)

Friday, March 28th, 2008

CNNMoney.com

Mortgage crunch as 3m cheap fixed deals expireTelegraph.co.uk, United Kingdom - 11 hours agoBy Edmund Conway, Economics Editor A mortgage crunch is now underway, analysts have warned, after new figures showed that half of all home loans taken out …Drop in mortgage rates spurs refinancing North County TimesUPDATE 1-US mortgage applications spike after Fed action ReutersMortgage volume […]

Posted in Mortgages | No Comments »


Paulson Statement on Regulation - Wall Street Journal (Mortgage News)

Wednesday, March 26th, 2008

Paulson Statement on RegulationWall Street Journal - 11 hours agoWhen people say this, they are urging any number of possible things – minimize foreclosures, make affordable mortgages more available, improve the secondary …Solution to market crisis awaits action on US mortgages International Herald TribuneGovernment Intervention Perks Up Markets But Bottom Talk Premature Seeking AlphaCentral bank bailouts: […]

Posted in Mortgages | No Comments »


Mortgage volume spikes on refinancing - BusinessWeek (Mortgage News)

Wednesday, March 26th, 2008

CNNMoney.com

Mortgage volume spikes on refinancingBusinessWeek - 2 hours agoMortgage application volume rose 48.1 percent during the week ending March 21 compared with the previous week, according to the trade group Mortgage Bankers …Mortgage applications spike after Fed action ReutersUS Mortgage Applications Jump on Strength of Lower Interest Rates CEP NewsRefinancing applications surged last week, MBA's […]

Posted in Mortgages | No Comments »