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We Offer Insurance And Mortgage Loans Newswe offer insurance and mortgage loansSavvy buyers should always purchase two types of title insurance - one that protects the bank, and a second that protects themselves. Q. We are buying our first home. Our mortgage broker says that we must purchase a title-insurance policy that ... Read moreSmart buyers should purchase title insurance - Arlington Heights Daily HeraldThe same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them ... Read moreThe Next Subprime Crisis Looms - Der SpiegelBy ALAN ZIBEL WASHINGTON -- Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million American households avoid foreclosure. The ... Read moreFDIC to Offer $24 Billion in Aid to Homeowners - Street.Com(page 2 of 5) Similarly worrisome stories are playing out around the country. In Tucson, First Magnus Financial specialized in risky "Alt-A" mortgages, which didn't require borrowers to verify their income. State and federal regulators cited the ... Read moreFHA-Backed Loans: The New Subprime - BusinessWeekAs federal agencies and the mortgage industry announced new initiatives last week to speed help for struggling borrowers, three of the area’s biggest lenders say the new efforts won’t change what they do because they’ve already been proactive ... Read moreSlowly, mortgage help comes - Buffalo NewsFriday's proposal by the Federal Deposit Insurance Corp. to put $24 billion toward helping 1.5 million at-risk U.S. households avoid foreclosure got the attention of Jim Fitzgerald, mortgage broker and owner of Nevada Loan Source in Carson City ... Read moreMortgage relief plan will help, local expert says - Reno GazetteNEW YORK, Nov 18 (Reuters) - U.S. banks and thrifts are launching an offensive against a proposed federal rule that would boost costs on one of their last reliable sources of funding for loans. Financial institutions have sent more than 100 letters ... Read moreU.S. banks say FDIC fee plan may stifle loans - FXStreet.comWASHINGTON - 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 - Rapid City JournalTompkins Financial Corp., the parent company of Tompkins Trust Co., said today it will not apply for funding through the U.S. Treasury Department’s Capital Purchase Program, saying the money isn’t needed and it has better sources of capital. The ... Read moreTompkins Financial won’t take up Treasury offer - Ithaca JournalWASHINGTON - 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 more |
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