Posts Tagged “Lost”

webmaster@technorati.com wrote an interesting post today on
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Fannie Mae, the Federal National Mortgage Association, despite improving finances, says it has asked the U.S. Treasury Department for an additional $1.5 billion loan. The giant mortgage broker lost $1.2 billion in the second quarter and shelled out $1.9 billion in dividends to the department, The Hill newspaper reported Friday. That’s a sizable improvement from the first quarter, when Fannie Mae …

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News Sources wrote an interesting post today on
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Stocks fall on mortgage loan move by banksShanghai DailyBanks were also reportedly ordered to stop mortgage loans to third-home buyers in Shanghai, Beijing, Shenzhen and Hangzhou. “Property developers lost on …and more »

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News Sources wrote an interesting post today on
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NEW YORK » Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many the opportunity to buy a home or refinance at this time is lost because of the tough economy and tight credit standards. But those who have secure jobs, superior credit and strong finances could do even better than the 4.54 percent average rate that Freddie Mac reported yesterday …

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News Sources wrote an interesting post today on
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MiamiHerald.com

Foreclosure filings fall for 7th monthInland Valley Daily BulletinLoan modifications, or a change to the mortgage loan agreement, can add about three months to the process, Kleinhenz said. In a short sale, a lender sells …Homes lost to foreclosure on track for 1M in 2010 The Associated PressMetro area hits foreclosure record The Detroit NewsInland default activity declines Press-Enterprise St. Louis Post-Dispatchall 169 news articles »

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webmaster@technorati.com wrote an interesting post today on
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Legal News Line

Oregon joins lawsuit against mortgage giant CountrywideOregonLive.comIt moved aggressively into subprime mortgage loans — those made to borrowers with bad credit. The lawsuit alleges that Countrywide’s “systemic disregard” …Ore. says pension fund lost $29M, sues Countrywide BusinessWeekKroger sues Countrywide Legal News LineOregon Sues Countrywide Over Pension Fund Losses Consumer Affairs Oregon City News  - OPB News  - Pensions & Investmentsall 64 news articles »

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