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Low Mortgage Loans Newslow mortgage loansAP Auto Writer= LOS ANGELES (AP) - Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that ... Read moreGM, Chrysler scale back glitz at LA auto show - Guardian UnlimitedA 1999 New York Times article by Steven A. Holmes on Fannie Mae begins, "In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it ... Read moreLetter: Low-income lending risks were well-known - MLive.comOn 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 moreNailing Down Futures: Foothills CDC helps low-income families in ... - Daily TimesMuch of our current difficulty is obviously tied to the housing industry. Some blame the Federal Reserve's low interest rates for producing a housing bubble. Clearly, low rates helped to fuel the demand for new homes and created profitable lending ... Read moreDisconnect of risk, reward contributed to difficulty - News-Leader.comWith no end to the foreclosure epidemic in sight, mortgage lenders have begun to do something they previously resisted: rewriting the terms of mortgage loans. The about-face is a bow to political pressure and reality: The number of foreclosed ... Read moreMore lenders offer mortgage relief programs - Minneapolis Star TribuneGovernment is too big. Taxes are too high. Get big government and taxes out of my life. These three sentences from Ben Olena's Nov. 5 Letter to the Editor are the only sentences rooted in fact in his whole letter: The Community Reinvestment Act ... Read moreSounds like socialism - Williamsport Sun-GazetteCountrywide, a leading subprime lender, is at the heart of the mortgage crisis. It has been criticized for using initially low teaser rates that later ballooned higher than borrowers could afford. (AP Photo/Damian Dovarganes) (AP) The Postal Service ... Read morePostal Head Investigated For Mortgage Deal - CBS NewsThe number of landlords falling behind on their mortgage repayments has soared by 50% as the buy-to-let boom turns to bust. According to Council of Mortgage Lenders (CML) data, the arrears rate in the buy-to-let sector was 1.58%, exceeding the whole ... Read moreBuy-to-let arrears rate rockets 50% - AnanovaWASHINGTON — The Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service's governing board said. Postmaster General ... Read morePostmaster General Investigated for Sweetheart Mortgage - FOX NewsNEW YORK — In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. Critics say the standard called "mark to market," or "fair value," is one cause of the nation's financial woes. Others contend that ... Read more |
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