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Texas Mortgage Loans NewsTexas Mortgage LoansWASHINGTON - Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring home foreclosures. Paulson and Federal Reserve Chairman Ben Bernanke ... Read morePaulson says bailout not for mortgage guarantees - My West TexasWASHINGTON - Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in Newport ... Read moreFederal regulators shut 2 California thrifts - My West TexasWASHINGTON (AP) _ Federal regulators will guarantee as much as $1.4 trillion in U.S. banks' debt in a bid to get the distressed financial system pumping again. They also took steps Friday to make it easier for private investors to buy banks seized by ... Read moreFDIC will guarantee up to $1.4 trillion in bank debt; Wall Street ... - Orlando SentinelNov. 19 (Bloomberg) -- U.S. prosecutors and the Securities and Exchange Commission opened an investigation into whether Wachovia Corp. misled borrowers and investors, San Francisco U.S. Attorney Joseph Russoniello said. Prosecutors are examining ... Read moreWachovia, Golden West Loans Probed by U.S. Prosecutor (Update1) - BloombergHome sales have fallen for more than a year. Values have dipped. And buyer confidence has deteriorated. But at least one national economist thinks the Houston-area housing market will see price appreciation of as much as 10 percent in 2009. Going ... Read moreHouston housing gets a vote of confidence - Houston ChronicleWells Fargo Bank, NA has been ranked the leading small-business lender in both the United States and Texas, according to the latest Community Reinvestment Act and Small Business Administration data. In Texas alone, Wells Fargo loaned more than $2 ... Read moreWells Fargo named top small-business lender in Texas - Houston Business JournalFitch Ratings has downgraded GMAC Commercial Mortgage Securities, Inc.'s commercial mortgage pass-through certificates, series 1998-C1 as follows: --$25.2 million class H to 'B' from 'BB-'; Outlook Stable; --$14.4 million class J to 'CC' from 'B' and ... Read moreFitch Downgrades 3 Classes of GMAC 1998-C1; Assigns Stable Outlooks - PR InsideIt sounds heartless, maybe even bitter, to ask the question: Why should we rescue people who aren’t making their home payments? Foreclosures are a huge problem, no doubt. Yet the vast majority of Americans are paying their mortgages on time, even ... Read moreMitch Schnurman: Mortgage bailout is good for everybody - Fort Worth Star-TelegramGrade your mortgage lender? That's what a local nonprofit association did to find out how lenders are doing at modifying loans of delinquent homeowners. The Massachusetts Association of Community Development Corporations developed a report card on 10 ... Read moreLenders graded on response to troubled homeowners - Boston GlobeConfidence. That's what financial experts say it will take to restore the nation's economy. Les Hassell/News-Journal Photo Experts say the economic crisis is a result of unwise banking decisions and borrowers defaulting on loans. Subprime borrowers ... Read more |
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