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Washington mortgage loan news:

Investors buy $558 million in mortgages from FDIC - Miami Herald
WASHINGTON -- A group of private investors including former executives of Countrywide Financial Corp. has purchased $558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, the ...

Loan applications rise as mortgage rates drop - Long Beach Press-Telegram
WASHINGTON - Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of dollars into ...

Lofgren sees higher jumbo mortgage limits returning - San Jose Business Journal
Higher jumbo mortgage loan limits will be part of the highly-anticipated economic stimulus package coming from Washington early this year, U.S. Rep. Zoe Lofgren said Wednesday. A temporary increase in the limit for lower rate conforming mortgages to ...

Mortgage rates fall for 9th week in row - Nashville Tennessean
WASHINGTON — Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of dollars ...

Treasury's 'guidelines' hint at more bank rescues - The Washington Times
The Treasury has quietly opened the door to more bailouts of major banks like Citigroup that the department deems too big to fail, exposing taxpayers to potentially large losses on the banks' souring loan portfolios. In a little-noticed move on ...

Paulson says changes needed at Fannie, Freddie - Akron Beacon Journal
WASHINGTON: Treasury Secretary Henry Paulson said today that allowing mortgage giants Fannie Mae and Freddie Mac to return to their old operating ways is not an option. Congress and the next administration must decide the proper role government ...

Investors buy $558 million in mortgages from FDIC - MSN MoneyCentral
WASHINGTON (AP) - A group of private investors including former executives of Countrywide Financial Corp. has purchased $558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, the ...

Borrowers in line as mortgage rates fall again - The Columbus Dispatch
WASHINGTON -- Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of dollars ...

Mortgage rates plunge; new applications soar - Fort Lauderdale Sun-Sentinel
WASHINGTON - Rates on 30-year mortgages fell to a record low for the third straight week, and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of dollars ...

Mortgage rates hit a new low - Inside Bay Area
WASHINGTON — Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of dollars ...