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The latest
Mortgage News:
General Growth Properties gets loan reprieve - Lexington Herald-LeaderCHICAGO -- General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders. The mortgages ...
Meltdown far from over, new mortgage crisis looms - Lexington Herald-LeaderWASHINGTON -- The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis - one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full ...
Choosing between home and health care - Arlington Heights Daily HeraldMedical debt is putting more patients at risk of losing their homes. • Consumer advocates say people generally shouldn't refinance or use home equity to pay medical bills. • Hospitals are often more willing than banks to forgive debts or set low ...
Facing a Choice Between Home And Health Care - Wall Street JournalThe housing market's collapse is forcing a growing number of Americans sitting on large medical bills to choose between paying the mortgage and paying the doctor. People have long resorted to borrowing against their homes to pay for medical care in ...
FHA-BACKED LOANS - Der SpiegelThe 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 ...
Local bankruptcies have risen sharply - Louisville Courier-JournalTransferred to Louisville from Oregon 2½ years ago, Ed and Cherri Dubiak had trouble selling their old home and soon found themselves overwhelmed by bills, including $65,000 in credit-card debt. "Every credit card I had was getting maxed out," said ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Mortgage application volume falls 6.2 pct - Lexington Herald-LeaderWASHINGTON -- Mortgage application volume fell 6.2 percent during the week ended Nov. 14, according to the Mortgage Bankers Association's weekly application survey. The trade group's application index slipped to 398.6 during the week, down from 425 a ...
Bankruptcies, amount of debt rising sharply - Lexington Herald-LeaderThe economy's deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...
6 governors ask feds to help automakers - USA TodayThe letter from Granholm and the governors of Delaware, Kentucky, New York, Ohio and South Dakota warned Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke that the credit crisis had made auto loans harder to come by, curbing ...
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