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Mortgage 20 Mortgage Loans NewsMortgage 20 mortgage loansWASHINGTON (MarketWatch) -- A Democratic plan to change bankruptcy law so judges could adjust the terms of mortgages is officially back. Sen. Richard Durbin, D-Ill., in the Senate and Rep. Brad Miller, D-N.C., in the House on Tuesday re-introduced ... Read moreDemocrats bring up bill to let judges adjust mortgages - MarketwatchNEW YORK, Jan 6 (Reuters) - The number of stressed commercial property loans increased at an accelerated pace in December, challenging a major segment of the U.S. bond market that has shown recent signs of stability. The percentage of commercial ... Read moreCommercial property loans signal deepening stress - ForbesWASHINGTON (AP) -- The Federal Reserve said Tuesday that it will begin purchasing up to $500 billion in mortgage-backed securities early next month in an effort to bolster the long-suffering housing market. The Fed first announced that it would ... Read moreFed to start buying mortgage-backed securities - Associated PressJan 2 (Reuters) - Fannie Mae, the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said ... Read moreFannie:IndyMac has $1 bln in mortgage obligations-WSJ - FXStreet.comWASHINGTON, Dec 30, 2008 (AFP) - The Federal Reserve said Tuesday it would begin buying mortgage-backed securities in early January under a previously announced plan to purchase up to 600 billion dollars of these assets. The program was announced in ... Read moreFed to ramp up purchases of mortgage securities in January - Zawya.comCHICAGO (MarketWatch) -- The average rate on 30-year fixed-rate mortgages fell for the ninth week in a row this week, setting another record low, according to Freddie Mac's weekly survey released on Wednesday. The 30-year fixed-rate mortgage averaged ... Read more30-year mortgage rate falls for the ninth week - MarketwatchTwo out of five middle-class professionals fear they will struggle to pay their mortgage next year, a poll reveals today. The findings highlight how the economic downturn has hit the City, retailers and manufacturing but is now predicted increasingly ... Read moreMiddle classes in fear of mortgage crisis - This is MoneyTHE millionaire boss of a gang of carjackers who stole, sold and then re-stole vehicles was jailed for four and a half years yesterday. Nokhiaz Khan, 31, headed a large-scale operation across the home counties which earned him £1.2mn over four years ... Read moreCarjacking gang boss jailed for ‘terrifying’ scam - Gulf TimesDec. 29 (Bloomberg) -- Federal Reserve researchers found that 169 independent mortgage companies ceased operations in 2007, crimping credit to consumers as the economy plunged into a recession. The data signal the waning of lightly regulated mortgage ... Read moreFed Study Finds 169 Mortgage Finance Companies Failed Last Year - BloombergRead more |
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