New York Times

Federal Mortgage Plan Falls Short, Critics SayNew York Times, United States - 12 hours agoBut the vast majority of participants have been homeowners who have made their mortgage payments on time, not the borrowers in crisis who were the targets …BERNARDI HIGHLIGHTS BUSH ADMINISTRATION'S SOLUTIONS TO SAVE … PressZoom (press release)Acting housing chief urges quick […]

MSN Money UK

Don’t discount mortgages for the long runMoneyExpert, UK - 7 hours agoThe inevitable downside of long-term mortgages is being tied into the same mortgage deal for such a long period of time. But one solution is to opt for a 25 …Nationwide doubles the deposit required for new mortgages IndependentDespite Mortgage Market Turmoil 41 Lenders […]

CLEVELAND, April 30 /PRNewswire/ — AmTrust announces promising new life in the mortgage industry by closing over 10,000 mortgage loans using its proprietary eSign(R) closing solution; making AmTrust a national industry leader in electronic note Read More
Banks and mortgage companies face fines of $1,000 a day if they allow foreclosed homes […]

April 29 (Bloomberg) — HBOS Plc , the U.K.’s biggest mortgage lender, will sell 4 billion pounds ($8 billion) of shares to bolster capital depleted by asset writedowns and a deteriorating housing market. Chief Executive Officer Andy Hornby said Read More
NEW YORK (CNNMoney.com) — Countrywide Financial Corp. once again found itself […]

Harriet and Paul Fass, both 65 and hoping to soon retire, aren’t rich. Even so, the Wilton Manors couple cobbled together $100,000 to invest in the financing of a private housing development in Florida City, in the midst of the region’s real estate Read More
April 29 (Bloomberg) — Federal Reserve Chairman […]

Bank Hapoalim cutting its subprime mortgage losses and selling …Ha’aretz, Israel - 7 hours agoBy Sharon Shpurer Bank Hapoalim is negotiating to sell a large share of its mortgage-backed securities portfolio - and take a $1 billion loss on its …Deutsche Bank sees possible Hapoalim rights issue Globesall 2 news articles

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MSN Money UK

Nationwide tightens mortgage […]

Pushing to fast-track its takeover of home-loan giant Countrywide Financial, Bank of America will promise today to help 265,000 troubled borrowers keep their homes over the next two years by refinancing or modifying at least $40 billion in mortgages Read More
It’s another big week in the rebuilding of our battered banking […]

Politicians offer help for homeowners, and tighter rulesSan Francisco Chronicle,  USA - 7 hours agoIt would allow the Federal Housing Administration to refinance up to $300 billion in unaffordable mortgages for up to 2 million owner-occupied homes. …County foreclosure filings up 175% Gainesville SunGrassley Q & A: Housing Foreclosures The Conservative VoiceMortgage crisis hits prime borrowers […]

For months, mortgage lenders have been backing away from borrowers with spotty credit, all but closing down the so-called subprime mortgage market. More surprisingly, they’ve also been increasingly loath to lend to high-end borrowers who might want Read More
Rates on 30-year mortgages topped 6 percent for the first time in six […]

Buyers rush for mortgages as drought worsensTimes Online, UK - Apr 25, 2008The number of mortgages taken out slumped by nearly 50 per cent last month as the mortgage drought left buyers scrambling to secure home loans in the wake …

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Why build houses if the mortgages aren’t available?Times Online, UK - Apr 25, 2008Given that the number […]