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Mortgage Loans Texas News

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Nanette Lewis is suing two mortgage companies for alleged predatory loan practices when she refinanced her home. The city sued one lender saying it was targeting black Baltimore homeowners with deceptive lending practices and high-interest loans and ...

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Lawsuit over signing shock - Houston Chronicle

WASHINGTON - The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the ...

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Government may soon back troubled mortgage giants - My West Texas

WASHINGTON — More than 4 million American homeowners with a mortgage, a record 9 percent, were behind on their payments or in foreclosure at the end of June, as damage from the housing crisis worsened, the Mortgage Bankers Association said Friday ...

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9% of home loans in trouble - Chicago Tribune

WASHINGTON (AP) -- The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers ...

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Mortgage troubles break more records - Traverse City Record-Eagle

WASHINGTON (AP) _ The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers ...

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Delinquencies, foreclosures rise to more than 9 percent of US home ... - Chicago Tribune

More than 4 million American homeowners with a mortgage, a record 9 percent, were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis worsened, the Mortgage Bankers Association said Friday. But the ...

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9 percent of U.S. mortgage holders face trouble - Star News Online

WASHINGTON — The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers ...

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Home loan troubles break records — again - Gainesville Sun

The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers Association said Friday ...

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Home loan troubles break records again - Reno Gazette

WASHINGTON — The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers ...

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Good credit, exotic loans latest bad combo - Charleston Post & Courier

That represents 2.8% of all outstanding loans, up from 1.4% of all loans during the same period a year ago, according to a report released Friday by the Mortgage Bankers Association (MBA). And 490,000 of the 45 million home mortgages serviced by MBA ...

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