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The latest
Mortgage News:
More report losing homes to 'credit repair' deals - HamptonRoads.comSeven more Hampton Roads residents have contacted The Virginian-Pilot since last weekend's report on a suspected area wide mortgage fraud operation, alleging that they, too, have been victimized. Most of them have already lost their homes, and for ...
Mortgage deals with Beach company put owners out of homes - HamptonRoads.comIt was Delisa Mackey's dream home: a tidy two-story house with a two-car garage on a quiet Suffolk cul-de-sac with a patch of woods out back. It was built brand-new to her specifications in 2002, and her name was on the deed. No more renting for this ...
Treasury Weighs Action on Mortgage Rates - Washington PostSearch for new homes, condos, and other real estate in Washington, D.C., Maryland and Virginia. Any efforts by the Treasury to lower rates on new mortgages would work in concert with a Federal Reserve plan announced last week to buy $500 billion ...
Paulson Considers New Plan to Lower Mortgage Rates (Update2) - BloombergDec. 3 (Bloomberg) -- Treasury Secretary Henry Paulson is considering a new plan to lower mortgage rates in an effort to resuscitate the U.S. housing market, a government official said. The Treasury, which already has a program to buy mortgage ...
Fannie, Freddie Mortgage-Bond Spreads Retrace Fed-Sparked Gains - BloombergDec. 3 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds widened relative to U.S. Treasury notes, retracing gains from the past week as investors anticipated an increase in the amount of securities. The difference between ...
Waiting for the other shoe to drop: The looming credit crisis - Bloggingstocks.comI still remember when I realized that a real estate crisis was on its way. My wife and I were contemplating buying a home in Roanoke, Virginia, and began talking to a mortgage broker. When we saw the final offer, we realized that, if the real estate ...
Geithner May Seek to Push Bair Out After Clashes During Crisis - Daily Business Reviewimothy Geithner, President-elect Barack Obama’s choice for U.S. Treasury Secretary, is seeking to push Federal Deposit Insurance Corp. Chairman Sheila Bair out of office. Geithner, president of the Federal Reserve Bank of New York, has argued Bair ...
Md. sees drop in loss of homes - Baltimore SunIn a sign that Maryland could be making strides toward helping struggling homeowners keep their houses, foreclosures fell almost 16 percent in the three-month period that ended in September, compared with the second quarter, according to statistics ...
HuffPost Readers Blog The Meltdown - Huffingtonpost.comWe've pulled together a selection of some of the standout stories to share with the rest of our readers -- both to do our part to document the downturn and to make sure that everyone out there feeling the financial pressure knows that they are not ...
Thursday, Dec. 4 at Noon ET: Color of Money Live - Washington PostRead Michelle's latest columns , check out her Color of Money Book Club selection archive or sign up for her weekly e-mail newsletter. Michelle Singletary: Good afternoon all. I hope despite all the continued bad economic news you are holding up. I ...
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