Friday, March 28, 2008

US mortgage aid plan sees role for Fannie, Freddie
Reuters - USA
N: Quote, Profile, Research) would have to meet new goals to invest in troubled loans and erase some mortgage debt for borrowers facing foreclosure under ...
 

Loan Website Launched for Customers with Adverse Credit and Bad ...
The Open Press (press release) - USA
The new Loans and Mortgage website utilises the web based software by http://www.kronikmedia.co.uk, the London based web design and development company who ...
 

Kroszner: Fed to consider mortgage rule objections
Reuters - USA
Under the Fed's proposal, a "higher-priced mortgage loan" would be one that has an annual percentage rate that exceeds the yield on comparable Treasury ...
 

FHA mortgage limit hiked to $729750 for LI
Newsday - Long Island,NY,USA
The change is expected to relax the tight credit market and help lenders feel safer in extending loans because the government will come to the rescue if ...
 

New home loans down by a third
The Press Association -
The figures come as the mortgage market continues to change on a daily basis with lenders tightening their lending criteria as they struggle to borrow money ...
 

Moody's tougher on mortgage lenders
Financial Times - London,England,UK
The new proposalswould require issuers of mortgage-linked securities to conduct more thorough checks on the underlying loans, including checks on property ...
 

Cheaper to Keep Her and Pay Off the Loan
Washington Post - United States
Q My mortgage is relatively small and I have a good interest rate, but I would like to pay it down as soon as possible and be completely debt-free. ...
 

Fed actions may defuse resent timebomb
The Age - Melbourne,Victoria,Australia
Much of its information is based on a pool of such mortgage-backed securities issued by New Century Financial in June 2006. All but 12% of the loans in the ...
 

Long Island: a third of state subprime foreclosures
Newsday - Long Island,NY,USA
... according to the study of subprime loans given out in 2006. Long Island's dubious top position can be blamed partly on "aggressive" mortgage sales here, ...
 

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