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News about Mortgages:
Mortgage rates decline - Los Angeles TimesRates on 30-year fixed-rate mortgages averaged 6.04% this week, down from 6.14% last week, mortgage company Freddie Mac said. Rates on 15-year fixed-rate mortgages dropped to 5.73% from 5.81% last week, while five-year adjustable-rate mortgages fell ...
Banks rush to fix system they broke - Minneapolis Star TribuneWells Fargo, Citigroup, J.P. Morgan Chase and other huge mortgage lenders are falling over themselves to introduce mortgage-remediation programs designed to keep creditworthy borrowers out of foreclosure. They should. They helped create the mess ...
Home Front: Seniors get aid in staying in touch - Sacramento BeeThe time is here when can you live 3,000 miles from your mom and get a text message if she's not out of bed by noon. And if your aging dad forgets to open the medicine box to take his heart pills, that's another digital alert on your cell phone ...
County seeks $6.3 million to put people in empty homes - Star-BannerOCALA - Marion County will try to tap a new federal program to put people into homes that have been deserted by owners swallowed up by the mortgage industry crisis. The County Commission on Tuesday pushed to secure $6.3 million available under the ...
November 2008 - Posts - MSNBC FirstreadFor the Thanksgiving holiday, we are suspending our morning note (including First Thoughts) for next week. Don't fret too much, though. We will still be doing updates as usual throughout the day on Monday, Tuesday and Wednesday. Patrick Gaspard will ...
Our troubled economy - Minneapolis Star TribuneWells Fargo, Citigroup, J.P. Morgan Chase and other huge mortgage lenders are falling over themselves to introduce mortgage-remediation programs designed to keep creditworthy borrowers out of foreclosure. They should. They helped create the mess ...
No job, no mortgage payment. Plain and simple. - Los Angeles Times BlogsEmployers slashed jobs from one end of the economy to the other, pushing the unemployment rate to 6.5% -- the highest in 14 years -- and making a deep recession a virtual certainty. The Labor Department reported today that the economy lost 240,000 ...
Business events scheduled for the coming week - ForbesNEW YORK - Conference Board releases leading indicators for September, 10 a.m. WASHINGTON - Weekly Treasury auction; Weekly Treasury briefing. LOS ANGELES - Sentencing of former Milberg Weiss law firm partner David Bershad in lawsuit kickback case ...
Barack Obama: John McCain's mortgage bailout 'costly and out of touch' - Los Angeles Times BlogsOn further review, the Barack Obama campaign has chosen to criticize John McCain's surprising call last night for a new homeowner bailout under which the federal government would buy $300 billion worth of underwater mortgages and issue cheaper ...
Key borrowers back move to rewrite troubled mortgages - Sacramento BeeU.S government Government-owned Fannie Mae and Freddie Mac, which own or guarantee 31 million U.S. mortgages, announced Tuesday it will offer lenders $800 for each troubled mortgage that is rewritten to bring monthly payments below 38 percent of ...
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