Mortgage and Financial News From 2008-7-18 Page 15
Previous Day: 2008-07-17
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
-
AIG, PMI Consider 40-Year Mortgages as Canadian Rules Tightened - Bloomberg
July 16 (Bloomberg) -- American International Group Inc. , PMI Canada and other mortgage insurers are considering ways to keep offering 40-year mortgages and zero-down payment loans after the Canadian government tightened mortgage lending rules ...
2008-07-16 09:07:00 -
FHA loans can aid repairs (Bradenton Herald)
How to apply for an FHA 203K loan:
2008-07-17 09:46:49 -
Earnings: Second-quarter results a mixed bag (Seattle Post-Intelligencer)
Merrill Lynch & Co. reported a $4.9 billion loss Thursday amid massive write-downs from soured mortgage positions and other risky investments, and unveiled plans to raise money by unloading assets.
2008-07-17 09:56:01 -
Westmoreland Co. mortgage broker accused of fraud (Centre Daily Times)
Federal prosecutors say a Westmoreland County man diverted nearly $1 million in mortgage loans for personal use.
2008-07-17 10:07:15 -
EARNINGS JPMorgan adds to newly upbeat mood about banks (Pioneer Press)
The banking sector looked a little brighter for a second straight day Thursday after JPMorgan Chase & Co. reported better-than-expected results despite a spike in mortgage and other loan defaults.
2008-07-17 10:09:19 -
Color of Money Live (Washington Post)
Need advice about how to handle your personal finances? Whether the struggle is saving for retirement, organizing your bank files, or talking about money responsibility with your spouse or loved one, Post personal finance columnist Michelle Singletary offers her advice and answers your tough questions.
2008-07-17 11:01:05 -
The Root: Homewreckers (Washington Post)
"More than half of all black borrowers who got refinance mortgages in 2006 were sold subprime products. According to a recent study, black and Latino borrowers will collectively lose an estimated $164 billion to $213 billion in the wave of foreclosures that have followed that lending; we'll have absorbed about half the nation's overall foreclosure loss.
2008-07-17 11:42:07 -
Real estate at an impasse (The Columbian)
Clark County home sales in June continued to stall at near record monthly lows, reflecting a market where homesellers are unwilling to drop asking prices and buyers can’t get easy financing. ...
2008-07-17 11:50:09 -
Foreclosure crisis recovery in Minneapolis to cost millions (Minnesota Public Radio)
Millions of dollars are being spent to help some north Minneapolis neighborhoods recover from the mortgage foreclosure crisis.
2008-07-18 12:01:30