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Adjustable Rate Mortgage Newsadjustable rate mortgageWASHINGTON -- Federal regulators shut down two big thrifts based in southern California yesterday, saying they had fallen victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in ... Read moreRegulators shut 3 more banks - Columbus DispatchWASHINGTON -- 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 ... Read moreFederal regulators shut 2 California thrifts - Washington PostWASHINGTON (AP) _ 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 ... Read moreTrust in Calif.; 22 banks have failed this year - Hartford CourantNEW YORK (CNNMoney.com) -- Mortgage rates fell for the third week in a row amid reports of record-high job losses, weak retail sales and a home-construction market in a deep slump. Freddie Mac said 30-year fixed-rate mortgages averaged 6.04% this ... Read moreMortgage rates down - 3rd straight week - CNN MoneySunday, November 16, 2008 Freddie Mac reported Thursday that rates on 30-year fixed-rate mortgages averaged 6.14 percent last week, down from 6.2 percent the previous week. It marked a sharp decline since rates hit a high of 6.46 percent two weeks ... Read moreMortgage rates drop for second week - San Francisco GateWASHINGTON, D.C. (AP) - Mortgage rates dropped for a second consecutive week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages ... Read moreMortgage rates drop again - HometownAnnapolis.comAs foreclosure prevention programs expand, they face a dilemma: there's no way to separate all the people who need a mortgage modification from people who just want one. "The fact is that you're creating a large incentive for many people to default ... Read moreForeclosure Plans May Lead To Mortgage High Jinks - ForbesThree Colorado mortgage brokers have reached settlements with state Attorney General John Suthers to end what Suthers called the “deceptive use of teaser rates in mortgage-loan advertisements” in Denver newspapers. The agreements were part of a ... Read moreSuthers cracks down on mortgage ads - Denver Business JournalNov. 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 - Bloomberg(RTTNews) - Industry data released on Wednesday showed that mortgage application volume fell last week, bringing applications back down to a near 8-year low. Applications fell over 6 percent from the previous week, and they were down over 41 percent ... Read more |
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