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The latest
Mortgage News:
Housing doldrums deepen - Columbus DispatchThe central Ohio housing market continued a slide last month that has seen home sales and prices drop for the past two years. Home sales in the Columbus area fell 14.4 percent last month compared with the same period a year ago, a new report said ...
Worst 10-year performers: National City mauled by mortgage meltdown - Bloggingstocks.comIn t his series , we take a look at the 25 stocks on the S&P 500 Index (SPX) that have turned in the worst performance during the past decade - what went wrong, and what happens next. The suspense is over -- National City Corporation (NYSE: NCC ) is ...
Starwood profits drop - Orlando SentinelStarwood Hotels & Resorts Worldwide Inc. reported $105 million in second-quarter profit Thursday, down 27.6 percent from the same period last year. The hotel company reported that revenue from its Orlando-based time-share division dropped 28.4 ...
House approves bill that aims to help strapped homeowners facing ... - Chicago TribuneWASHINGTON (AP) _ Rescue legislation sailed through the House Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. The 272-152 vote reflected a ...
Help for strapped homeowners, mortgage giants sails through House ... - NewsdayWASHINGTON (AP) _ Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac. The 272-152 vote ...
U.S. Foreclosures Double as House Prices Decline (Update1) - BloombergJuly 25 (Bloomberg) -- U.S. foreclosure filings more than doubled in the second quarter from a year earlier as falling home prices left borrowers owing more on mortgages than their properties were worth. One in every 171 households was foreclosed on ...
Foreclosures double from last year - ReutersNEW YORK (Reuters) - Home foreclosure filings rose 14 percent in the second quarter, the eighth consecutive quarterly climb, and more than doubled from the same period a year-earlier, real estate data firm RealtyTrac said on Friday. Home foreclosure ...
Chances of banks collapsing in Ohio appear slim - Columbus Business JournalIn a scene Ohio bankers hope to avoid, anxious IndyMac Bancorp customers line up to pull their money from the failed California bank earlier this month. The financial services industry may be battered, but that doesn't mean every bank is on the verge ...
Foreclosure filings up 120% - CNN MoneyNEW YORK (CNNMoney.com) -- As foreclosures continue to soar, 220,000 homes were lost to bank repossessions in the second quarter, according to a housing market report Friday issued by RealtyTrac. That's nearly triple the number from the same period ...
Foreclosures Double in Second Quarter as U.S. Home Prices Fall - BloombergJuly 25 (Bloomberg) -- U.S. foreclosure filings more than doubled in the second quarter from a year earlier as falling home prices left borrowers owing more on mortgages than their properties were worth. One in every 171 U.S. homeowners lost their ...
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