Latest News in Refinancing Home Mortgages – Sep 25, 2008
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Fannie, Freddie takeover drops mortgage rates – Baltimore Sun
WASHINGTON – Mortgage rates fell sharply yesterday as investors reacted to the government’s takeover of Fannie Mae and Freddie Mac . The average interest rate for a 30-year fixed rate mortgage dropped 0.3 percent to 6.04 yesterday, according to HSH …
UPDATE 2-U.S. court sides with bank in mortgage loan case – Reuters
NEW YORK, Sept 24 (Reuters) – A lawsuit brought by a Wisconsin couple who accused a bank of deceptive lending practices and wanted to cancel their home loan has been stripped of class-action status in a victory for U.S. banks. In a 2-to-1 decision, a …
Court sides with bank in mortgage loan case – Reuters
NEW YORK (Reuters) – A lawsuit brought by a Wisconsin couple who accused a bank of deceptive lending practices and wanted to cancel their home loan has been stripped of class-action status in a victory for U.S. banks. In a 2-to-1 decision, a panel of …
More aid is sought to save homes – Miami Herald
Amid the frantic efforts to craft a rescue plan for the country’s battered financial sector, consumer groups are demanding that homeowners bearing the brunt of the foreclosure crisis also be thrown a lifeline in the proposed $700 billion bailout …
U.S. court sides with bank in mortgage loan case – Forbes
NEW YORK (Reuters) – A lawsuit brought by a Wisconsin couple who accused a bank of deceptive lending practices and wanted to cancel their home loan has been stripped of class-action status in a victory for U.S. banks. In a 2-to-1 decision, a panel of …
FDIC May Need $150 Billion Bailout as Local Bank Failures Mount – Bloomberg
Sept. 25 (Bloomberg) — Deborah Horn tugs on the handle of the glass-paned entrance of the IndyMac Bancorp Inc. branch in Manhattan Beach, California. The door won’t budge. The weekend is approaching, and Horn, 44, the sole breadwinner in a family of …
LandAmerica Warranted Valuation Solution Selected by Flagstar Bank – Forbes
RICHMOND, Va., Sept. 24 /PRNewswire-FirstCall/ — LandAmerica Financial Group, Inc. (NYSE: LFG) has been selected by Flagstar Bank as a primary national provider of warranted valuations. Warranted valuations are an optional solution lenders use to …
Analysis: Bush holds Washington blame-free for US standing at brink of … -…
WASHINGTON (AP) _ How did it happen, America’s grave financial crisis? President Bush offered a bunch of explanations but held Washington completely blameless, painting a picture of a government standing innocently on the sidelines as the economy …
Analysis: Bush holds Washington blame-free – Miami Herald
WASHINGTON — How did it happen, America’s grave financial crisis? President Bush offered a bunch of explanations but held Washington completely blameless, painting a picture of a government standing innocently on the sidelines as the economy went …
President George W. Bush’s speech to the nation on the economic crisis – Inte…
Following is a transcript of President George W. Bush’s address to the nation Wednesday evening, as recorded by by CQ Transcriptions: Good evening. This is an extraordinary period for America’s economy. Over the past few weeks, many Americans have …
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