Mortgage and Financial News From 2007-8-19 Page 15

Previous Day: 2007-08-18

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

• First Magnus kaput, but Frost Mortgage still afloat

  MSN MoneyCentral - Secondary mortgage market lender First Magnus Financial Corp. ceased operations as of August 16. Albuquerque-based Frost Mortgage, which used the company for administrative support and as a funder for its own loans, has not been affected, said its ...
  2007-08-17 11:33:00

• Mortgage misery

  Asbury Park Press - Nearly one in five mortgage loans granted for homeowners in Monmouth and Ocean counties, and across New Jersey, were subprime loans in 2005. Residents of Monmouth and Ocean counties refinanced mortgages or borrowed on home equity lines to the tune of ...
  2007-08-19 08:07:00

• Mortgage crisis: Change not terms, but regulations

  Newsday - ... for high-yield mortgage-backed securities meant that mortgage lenders could originate highly problematic, if not fraudulent or predatory, loans at little or no risk to themselves - since the loans would quickly be sold off and converted into mortgage ...
  2007-08-19 07:03:00

• Labor supports high-risk loans crackdown

  News.com.au - FEDERAL Labor Leader Kevin Rudd said the Opposition would positively consider proposals to crack down on mortgage providers who issue "low-documentation" loans to people who cannot afford them. Federal Treasurer Peter Costello today called on the ...
  2007-08-19 05:08:00

• A few lifesaving tips as the nation's mortgage storm hits

  OregonLive.com - The national mortgage mess has arrived in Oregon, surprising borrowers and lenders alike with higher interest rates and tighter qualifying standards. It's not just the subprime borrowers with patchy credit, either. Jumbo loans cost more even if your ...
  2007-08-19 08:07:00

• We'll all likely feel sting of mortgage meltdown

  Arizona Daily Star - Stupid lenders making stupid loans to stupid borrowers. You might think this sums up what the surge in mortgage foreclosures means to you. You would be mistaken. That so many homeowners are having such trouble meeting their mortgage payments could ...
  2007-08-19 06:55:00

• Crack down on high risk loans: Costello (Ararat Advertiser)

  Federal Treasurer Peter Costello has called for the states to crack down on mortgage providers who issue "low-documentation" home loans to people who cannot afford them.
  2007-08-19 04:35:27

• Mortgage Loans Increasingly Difficult to Acquire (NPR)

  The latest scare in the financial markets was set off by worries that the largest U.S. mortgage lender could face bankruptcy. It's getting harder for everyone to acquire home loans because lenders are seeing their own lines of credit drying up.
  2007-08-16 01:36:39

• Crack down on high risk loans: Costello (AAP via Yahoo!Xtra News)

  Peter Costello has called for the states to crack down on mortgage providers who issue "low-documentation" home loans to people who cannot afford them.
  2007-08-18 11:42:11

• We'll all likely feel sting of mortgage meltdown (Arizona Daily Star)

  Stupid lenders making stupid loans to stupid borrowers. You might think this sums up what the surge in mortgage foreclosures means to you. You would be mistaken.
  2007-08-19 07:11:07

• First Magnus Halts Loans, Citing `Collapse' of Mortgage Market (Bloomberg.com)

  Aug. 16 (Bloomberg) -- First Magnus Financial Corp., the second-largest privately held U.S. mortgage company, stopped lending after bids for its home loans disappeared.
  2007-08-16 07:11:21

• Mortgage loans harder to get (Honolulu Advertiser)

  SAN FRANCISCO — Mortgage broker Ed Smith Jr. has been arranging home loans for 24 years, and it's never been tougher for him to close a deal than during the past few weeks of turmoil.
  2007-08-18 12:54:54

• China's shares fall for 2nd day on global decline

  MSN UK News - China's shares fell for a second day Friday amid a global selloff prompted by fears about U.S. mortgages. The benchmark Shanghai Composite Index ended down 2.3 percent at 4656.57 points, adding to a 2.1 percent loss the previous day. The Shenzhen ...
  2007-08-17 10:25:00

• This week's Real Estate stories

  Marketwatch - Most borrowers refinancing their adjustable-rate mortgages turned to fixed-rate products in the second quarter, Freddie Mac said this week. But ARMs became a bit more attractive during the time period, as the spread in rates widened between fixed ...
  2007-08-17 08:20:00

• Van Lanschot H1 earnings rise, sees 20 mln eur gain in second half

  Forbes - ... first-half earnings rose compared to the same period a year earlier and expects to make a 20 mln eur gain on the second ... in interest margins due to current global credit woes, and said that it will remain 'reticent' in handing out mortgages to ...
  2007-08-17 07:12:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40