Mortgage Advice Guide

CORRECT: Modified mortgages often re-default - MarketWatch

admin — Wed, 19 Nov 2008 23:11:50 +0000

CORRECT: Modified mortgages often re-default
MarketWatch -Nov 18, 2008
Lender Processing Services' data on re-defaults of modified mortgages refer to the industry generally, not to IndyMac home loans specifically. …
What Securitization Problem? The FDIC Weighs InNew York Times
The growing consensus on averting foreclosuresLos Angeles Times
Should Obama name FDIC's Bair as a Special Advisor for Mortgage…BloggingStocks
The Associated Press - Los Angeles Times
all 1,027 news articles

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S&P downgrades Ambac unit on mortgage debt risks - CNNMoney.com

admin — Thu, 20 Nov 2008 01:11:37 +0000

RTT News

S&P downgrades Ambac unit on mortgage debt risks
CNNMoney.com -6 hours ago
In cutting the rating, S&P cited the unit's exposure to collateralized debt obligations that are linked to the troubled US residential mortgage sector. …
Ambac terminates $3.5 bln of risky mortgage exposureReuters
S&P downgrades Ambac againMarketWatch
Ambac Pays $1 Billion to Settle $3.5 Billion of CDOs (Update1)Bloomberg
New York Times Blogs - Reuters
all 51 news articles

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Why Choosing A Fixed Rate Mortgage Can Help You Posted By : Chris Channing

admin — Wed, 19 Nov 2008 23:11:26 +0000

Fixed rate mortgages are essentially a mortgage that stays at the same rate over the course of the contract. This can be from 5 to 30 or more years, and the rate can be pretty low too. Fixed rate mortgages are extremely beneficial, especially if you live in an area that has constantly fluctuating interest rates.

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Help With Foreclosure Posted By : Jill B

admin — Thu, 20 Nov 2008 01:11:24 +0000

Learn the surprising truth about who your best resources are in order to help with foreclosure.

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Renovations Can Be Paid With A Business Remortgage Posted By : James Copper-5768

admin — Wed, 19 Nov 2008 23:11:03 +0000

How about getting a makeover for your business with a new mortgage?

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Federal Prosecutors Investigating Wachovia Mortgage Lending - CNNMoney.com

admin — Thu, 20 Nov 2008 02:11:34 +0000

Federal Prosecutors Investigating Wachovia Mortgage Lending
CNNMoney.com -3 hours ago
(WB) misled people buying its mortgages, said Joseph Russoniello, the US attorney for Northern California . The inquiry focuses on Golden West Financial, …
Wachovia, Golden West Loans Probed by US Prosecutor (Update1)Bloomberg
US probing Golden West lending, sale: prosecutorReuters
all 31 news articles

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Commercial-Mortgage Bond Risk Rises After Loan Delinquencies - Bloomberg

admin — Thu, 20 Nov 2008 01:11:27 +0000

Commercial-Mortgage Bond Risk Rises After Loan Delinquencies
Bloomberg -7 hours ago
19 (Bloomberg) — The cost to protect top-rated commercial-mortgage bonds against default rose to a record, a day after two bad loans boosted concern the …
UPDATE 1-Economy, TARP conspire against commercial mortgagesReuters
CMBS Market Begins to Show FissuresWall Street Journal
Big CMBS Loans Near Default; CMBX Soars, REITs TankSeeking Alpha
Bloomberg - Reuters
all 31 news articles

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MetLife says commercial mortgage portfolio safe - Reuters

admin — Wed, 19 Nov 2008 23:11:20 +0000

MetLife says commercial mortgage portfolio safe
Reuters -3 hours ago
N: Quote, Profile, Research, Stock Buzz) disclosed information about its commercial mortgage portfolio on Wednesday in an effort to soothe investors that …
Property values, Paulson's switch on TARP plans send spreads spikingMarketWatch
MetLife Provides Information Regarding Its Commercial Mortgage…WELT ONLINE
MetLife: No Direct Exposure To CMBS IndexesCNNMoney.com
FT Alphaville
all 33 news articles

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HUD expands mortgage modification program - MarketWatch

admin — Thu, 20 Nov 2008 02:11:05 +0000

HUD expands mortgage modification program
MarketWatch -5 hours ago
"These modifications should increase lender participation and help more families who are having difficulty paying their existing mortgages, but can afford a …
Mortgage aid falls short, Bush admin official saysBusinessWeek
HUD Said to Entice Banks to Enter Foreclosure Program (Update1)Bloomberg
US tries new tack on housingCNNMoney.com
Seattle Post Intelligencer - New York Times
all 58 news articles

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Mortgage Rates Drop For Second Week Posted By : Dane Smith

admin — Thu, 20 Nov 2008 02:11:41 +0000

This article looks at recent changes in mortgage interest rates along with other news and views on the mortgage market.

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