Fending Off the Mortgage Crunch (Washington Post)
Friday, August 31st, 2007Homeowners who fall behind on mortgage payments have options to help avoid foreclosure.
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Homeowners who fall behind on mortgage payments have options to help avoid foreclosure.
Original post by Yahoo! News Search Results for mortgage
NEW YORK (Reuters) - Ameriquest Mortgage Co, the largest U.S. subprime lender as recently as 2005, is closing, the latest home loan provider to shut down amid the nation’s housing market slump.
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President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
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WASHINGTON (AP) — Rates on 30-year mortgages fell last week to the lowest level in three months.
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Citigroup Inc. agreed Friday to buy the wholesale mortgage origination and servicing assets of ACC Capital Holdings, one of the nation’s largest mortgage lenders.
Original post by Yahoo! News Search Results for mortgage
Ameriquest Mortgage Co, the largest U.S. subprime lender as recently as 2005, is closing, the latest home loan provider to shut down amid the nation’s housing market slump.
Original post by Yahoo! News Search Results for mortgage
Responding to the growing wave of mortgage foreclosures, President Bush has announced measures that could help some troubled borrowers keep their homes. But only a small fraction of subprime borrowers will be eligible.
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The Fed chief’s Aug. 31 speech only touched on current economic and market conditions, offering no clear signals on the next policy move
Original post by AnthonyK
Hawaii’s three largest banks dropped rates on 30-year fixed interest mortgages again this week.
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SAN FRANCISCO (MarketWatch) — Citigroup Inc. late Friday said it had acquired the wholesale mortgage origination and servicing assets of subprime-mortgage lender ACC Capital Holdings, including the servicing rights on $45 billion of home loans.
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