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Mortgage Loans Refinance Newsmortgage loans refinanceWashington -- The volume of applications for U.S. mortgages decreased last week, falling by a seasonally adjusted 6.2 percent, an industry group said. The Market Composite Index, which measures mortgage loan application volume, fell 6.2 percent from ... Read moreMortgage applications drop in week - The Money TimesWASHINGTON, Nov 14 (Reuters) - The White House on Friday said it was carefully reviewing a plan by the Federal Deposit Insurance Corp to prevent foreclosures by sharing any losses with mortgage companies that agree to refinance certain home loans ... Read moreWhite House reviewing FDIC mortgage plan - ReutersA state program created last year to refinance subprime mortgages for financially troubled borrowers will help just 190 homeowners in its first year, at least a third fewer than originally intended, according to figures released Wednesday. Gov. M ... Read moreState mortgage aid program helps fewer than expected - Waterbury Republican-AmericanThe Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended Nov. 7 increased 11.9 percent to 425.0, up from the previous week when the reading ... Read moreMortgage Video Gallery - CNBCWASHINGTON -- 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 - Seattle Post Intelligencer(NEW YORK) The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. Confronting opposition ... Read moreRetail sales sink as Dems seek auto industry loans - NewsweekVeterans with conventional home loans now have new options for refinancing to a loan guaranteed by the Department of Veterans Affairs, according to a news release. These new options are available as a result of the Veterans’ Benefits Improvement ... Read moreRefinancing available to vets with subprime loans - HamptonRoads.comWASHINGTON (Reuters) - The federal agency that insures most U.S. bank deposits unveiled a plan to prevent about 1.5 million home mortgage foreclosures by promising to share any losses with mortgage companies that agree to refinance certain home loans ... Read moreFDIC lays out broad home loan modification plan - Reuters(page 3 of 5) During the subprime boom, the FHA atrophied as borrowers migrated to the too-good-to-be-true deals that featured terms such as extremely low introductory interest rates that later jumped skyward. But since the subprime market vaporized ... Read moreFHA-Backed Loans: The New Subprime - BusinessWeekBEIJING, Nov. 15 (Xinhua) -- In the United States, loans are classified into prime and subprime loans according to the borrowers' credit. The interest rate of subprime mortgage is higher than that of prime mortgage as subprime mortgages have a much ... Read more |
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