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Mortgage Loan News:
Federal Regulators Seize California's Downey Savings, PFF Bank - Free Internet PressFederal regulators seized Downey Savings & Loan and PFF Bank & Trust late Friday, saying hundreds of millions of dollars in bad loans from the housing bubble had rendered the Southern California banking fixtures unsound. The banks' branches will ...
Generation Mortgage Offers Additional Peace of Mind to Senior Home ... - EarthtimesATLANTA , Nov. 18 /PRNewswire/ -- The U.S. Department of Housing and Urban Development HUD recently implemented new regulations for the HECM (Home Equity Conversion Mortgage) loan, increasing the federal insurance of that product. As a result, the ...
The Next Subprime Crisis Looms - FHA-Backed Loans - Free Internet PressThe same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers - many of them the ...
Title insurer wins round in mortgage fraud - Ledger-Enquirer– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ...
Settlement with credit-reporting firm Trans Union is tied up in court - Providence JournalQ: My question has to do with a . . . class-action settlement regarding credit reporting. . . . I sent in my form during the proper time and I was hoping that I would be able to get a credit score — not the report, but the score. I mailed it in ...
Chicago, Clinton camps feed Obama’s incoming team - Las Vegas SunTwo main quarries are supplying the building blocks for President-elect Barack Obama's new administration. Longtime, deeply loyal associates will dominate the White House inner sanctum. And veterans of Bill Clinton's presidency will hold vital jobs ...
Mortgage Rates Remain Stable for Second Consecutive Week - PR NewswireSEATTLE, Nov. 18 /PRNewswire/ -- Mortgage rates remained relatively stable last week, with rates for 30-year fixed mortgages declining slightly to 6.03 percent, down from 6.09 percent the week prior, according to the Zillow Mortgage Rate Monitor ...
HSBC Strains While It Tries To Help Out Homeowners - Wall Street JournalIn early 2007, HSBC Holdings PLC was one of the first big banks hit by what became a global tidal wave of subprime-mortgage woes. Now there's a new problem: Changing the terms of some shaky loans has failed to keep borrowers from defaulting. The U.K ...
Attorney Gen. Madigan Sues Mortgage Rescue Firms - CBS 2 ChicagoCHICAGO (CBS) ― Illinois Attorney General Lisa Madigan is warning struggling homeowners about mortgage rescue companies. Madigan on Tuesday announced that she's filed seven new lawsuits against businesses she says offered false hope to homeowners ...
Illinois Third Quarter Home Sales Down 21.2 Percent - Biloxi Sun HeraldStatewide Median Price at $190,000 SPRINGFIELD, Ill., Nov. 17 /PRNewswire-USNewswire/ -- Job losses and economic uncertainty continue to impact the housing market while home price affordability and supply present opportunities for first-time buyers ...
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