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Mortgage Insurance NewsMortgage InsuranceGenworth Financial Inc ( GNW ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's ... Read moreCommercial loan losses hurting insurers - MSN MoneyCentralA: The Federal Deposit Insurance Corp. estimates 4.4 million borrowers will become delinquent by the end of next year -- not including those backed by Freddie Mac and Fannie Mae. The number of 2007 foreclosure filings was 2.2 million. Fannie and ... Read moreHow many homeowners are facing foreclosure? - Louisville Courier-JournalNov. 22 (Bloomberg) -- Community Bank of Loganville, Georgia, was closed by a state regulator, the 20th U.S. bank seized this year as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression. Bank of ... Read moreCommunity Bank of Loganville, Georgia, Shut by State Regulator - BloombergTight household budgets are causing some people to cancel insurance policies on their mortgages and credit cards, just when they might need them most. Mortgage and credit card insurance typically provide payment cover for a fixed period when ... Read moreMortgage protection a question of policy - StuffNov. 22 (Bloomberg) -- Seizure and sale of Downey Financial Corp. and two smaller lenders may cost the FDIC more than $2 billion as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression. U.S. Bancorp ... Read moreDowney Seized, Sold to U.S. Bancorp as Mortgage Fallout Spreads - BloombergThe average rate for a conventional 30-year fixed mortgage on a owner-occupied, single-family home with 20 percent down on Friday afternoon was 6.125, which is down slightly for the week from Monday's rate of 6.25 percent, Sarasota's Sentinel ... Read moreBusiness briefs: Week brings drop in 30-year mortgage - Herald TribuneThe downside? Only homeowners with loans owned by Fannie Mae and Freddie Mac will be eligible for the program. Together, the two companies own only about 20 percent of the nation's delinquent loans. The two mortgage finance giants estimate that about ... Read moreForeclosure Relief Temporary - TradingMarkets.comPublicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. on Friday proposed to use $24 billion in government funding to help 1.5 million American households avoid foreclosure. Where to find that money ... Read moreFDIC, Treasury split on mortgage relief - Reno GazetteFriday's proposal by the Federal Deposit Insurance Corp. to put $24 billion toward helping 1.5 million at-risk U.S. households avoid foreclosure got the attention of Jim Fitzgerald, mortgage broker and owner of Nevada Loan Source in Carson City ... Read moreMortgage relief plan will help, local expert says - Reno GazetteOn a cul-de-sac off Grandview Drive in Maryville, 10 families who never thought they would own a home see foundations, framing and construction crews hammering out their dreams one nail at a time. The families, eight of which are headed by single ... Read more |
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