Selling Mortgage Leads News for 07/09/2008



New California Law Helps Working Families Facing Home Foreclosure . - California Progress Report

KCBS

New California Law Helps Working Families Facing Home Foreclosure .
California Progress Report, CA - 1 hour ago
Swanson, who sits on the Assembly Banking Committee, said: EURœMy district has been hit particularly hard by the home mortgage crisis. .
New California law offers a shield on mortgage defaults Sacramento Bee
Schwarzenegger Signs Mortgage Relief Bill KFI
New state law aims to help distressed homeowners San Jose Mercury News
Central Valley Business Times - HispanicBusiness.com
all 88 news articles
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City looks to put pressure to upkeep properties in foreclosure (North Adams Transcript)
NORTH ADAMS -- The mayor is hoping a proposed city ordinance would pressure mortgage companies to upkeep and secure properties in foreclosure by requiring the lenders to register the properties with the city's building department and hire a local property manager...

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Financial Stocks: Freddie Mac leads financial-services stocks lower (Market Watch)
U.S. financial stocks move deeper into the red, reversing early gains, as investors key on further evidence of a sour investment climate for banking stocks and shares in housing finance...

Canada Home Starts Fell 4.4% in June on Single-Family (Update1) - Bloomberg

CTV.ca

Canada Home Starts Fell 4.4% in June on Single-Family (Update1)
Bloomberg - 2 hours ago
The June total of 217800 units on an annualized basis compares with May's revised projection of 227700, initially reported as 221300, Canada Mortgage and .
Canada Mortgage and Housing Corporation: Home Building on Track . Market Wire (press release)
Cdn Housing Starts Cool in June as Affordability Deteriorates and . ForexTV.com
Housing starts slow in June ReportonBusiness.com
Ottawa Citizen - Market Wire (press release)
all 62 news articles
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Home price data may be overstating weakness: Paulson - MarketWatch

HispanicBusiness.com

Home price data may be overstating weakness: Paulson
MarketWatch - 22 hours ago
. home may not be as depressed as the headlines suggest," Paulson said in a speech to an FDIC conference on low-income workers access to the mortgage .
Paulson says US home foreclosures to stay high Reuters
US Treasury's Paulson says home foreclosures to remain 'elevated . Forbes
Paulson: EUR˜Inevitable Housing Correction Wall Street Journal Blogs
San Jose Mercury News - Wall Street Journal
all 364 news articles
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Energy leads way to drop of almost 300 points on TSX;NY also lower (Canadian Business)
Malcolm Morrison, The Canadian Press July 7, 2008 - 5:07 p.m...

Report: WaMu leads in mortgage-related layoffs, California 2nd (Silicon Valley - San Jose Business Journal)
Washington state and Washington Mutual Inc. led the nation in the number of mortgage-related job layoffs in the latest quarter, according to a recent mortgage employment survey..

The Continuing Housing Free Fall - The Washington Independent

Nashville City Paper

The Continuing Housing Free Fall
The Washington Independent, DC - Jul 7, 2008
In the fourth quarter of last year, the annualized rate of home mortgage borrowing was about $600 billion, a sharp drop from previous years. .
Mortgage Fears Cast Shadow Over 2 Agencies New York Times
The Fannie and Freddie doomsday scenario CNNMoney.com
Fannie and Freddie: $12 trillion mortgage twins France24
Wall Street Journal - Bloomberg
all 631 news articles
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Report: WaMu leads in mortgage-related layoffs, California 2nd (East Bay Business Times)
Washington state and Washington Mutual Inc. led the nation in the number of mortgage-related layoffs in the latest quarter, according to a recent mortgage employment survey..

Overseas mortgage leads product set for launch (01 July 2008)
Firm tells OPP that it can deliver specific qualified enquiries to finance professionals...

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How to buy a foreclosed home - San Francisco Chronicle

How to buy a foreclosed home
San Francisco Chronicle,  USA - 10 hours ago
Finding a foreclosure is straightforward, according to a range of industry experts: Decide on a budget and geographic area; get prequalified for a mortgage; .
Data group reports 3 new home foreclosures in Pleasanton Pleasanton Weekly
all 3 news articles
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US MBA's Mortgage Applications Index Increased 7.5% Last Week - Bloomberg

HispanicBusiness.com

US MBA's Mortgage Applications Index Increased 7.5% Last Week
Bloomberg - 6 hours ago
By Shobhana Chandra July 9 (Bloomberg) -- Mortgage applications in the US rose for a second straight week, a sign that falling home prices are attracting .
US mortgage applications increased last week-MBA Reuters
Ahead of the Bell: Mortgage Applications Forbes
Mortgage applications up 7.5% last week: MBA MarketWatch
Providence Business News - Worcester Business Journal
all 27 news articles
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Insurance Agents Are the New Resource for Home Mortgages - MarketWatch

Insurance Agents Are the New Resource for Home Mortgages
MarketWatch - 5 hours ago
LOS ANGELES, July 9, 2008 /PRNewswire via COMTEX/ -- This is a terrible time for home buyers and the mortgage industry. Interest rates are lower than they .
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Economy leads to cat overload (The Lewiston Sun Journal)
SWANZEY, N.H. (AP) - High gas prices, the faltering economy and mortgage foreclosures are combining to help cause a kitty crisis at the Monadnock Humane Society...

Analysts have zero hopes for IndyMac - Los Angeles Times

Analysts have zero hopes for IndyMac
Los Angeles Times, CA - 12 hours ago
Most of the IndyMac branches being acquired by Northbrook, Ill.-based Prospect are former offices of American Home Mortgage Investment Corp. of Melville, .
IndyMac depositors pull cash as mortgage woes grow guardian.co.uk
IndyMac firing half its employees: Prospect Mortgage gets retail . 100 Mortgages
IndyMac depositors seek cash and comfort at branches Reuters
Wall Street Journal - Bloomberg
all 352 news articles
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Adchemy: July MSN Homepage Mortgage Leads (by: ADCHEMY)
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IBD's Top 10 - Tuesday (Investor's Business Daily via Yahoo! News)
1 The major averages took off in the final 2 hours of trading, with the Nasdaq rising 2.3%, the S&P 500 1.7% and the Dow 1.4%. Fannie Mae and other financials rebounded on regulators' soothing comments after diving Mon. Crude and commodities prices fell hard again, sinking related stocks but lifting other equities...

London afternoon: M&S leads fightback (ShareCast via Yahoo! UK & Ireland Finance)
Footsie is fighting back from its early morning hammering with Marks & Spencer in the vanguard...

Gamuda up, but market still gloomy (The Star)
KUALA LUMPUR: Gamuda extended its gains in early trade Tuesday as investors expected a privatisation deal but the gloom continued to hover over the market in the absence of strong leads while Asian markets fell...

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Brennan, Wiener & Associates Takes on the Major Credit Bureaus and . - PR-USA.net (press release)

Brennan, Wiener & Associates Takes on the Major Credit Bureaus and .
PR-USA.net (press release), Bulgaria - 4 hours ago
In part to bring her mortgage loan current and start over, Ms. Johnson sold her home in March of 2002 and paid off her mortgage from the proceeds of the .
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US Economy: Pending US Home Resales Drop in May (Update1) - Bloomberg

US Economy: Pending US Home Resales Drop in May (Update1)
Bloomberg - 22 hours ago
Continued declines in home prices and increases in mortgage rates will probably extend the slump in sales. The average rate on a 30-year fixed mortgage .
US hopes of housing recovery subside Financial Times
US pending home sales tumble in May guardian.co.uk
Pending home sales index down 4.7% in May: NAR MarketWatch
Boston Globe - Chicago Tribune
all 373 news articles
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HL:Energy leads way to drop of almost 300 points on TSX;NY also lower@ (INO News)
TORONTO _ Persistent worries about high energy-fuelled inflation and slowing earnings growth resulting from a 50 per cent surge in oil prices this year slammed the Toronto stock market Monday and put the main index firmly in the red for the year to date...



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