Selling Mortgage Leads News for 07/11/2008




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..

U.S. Stocks Climb; Alcoa Leads Rally in Raw-Materials Producers (Bloomberg.com)
July 10 (Bloomberg) -- U.S. stocks rose, helping the Standard & Poor's 500 Index rebound from a two-year low, after Dow Chemical Co. agreed to buy Rohm & Haas Co...

FTSE 100 movers: Resources stocks shine on another grim day (ShareCast)
LONDON (SHARECAST) - Oil groups and miners are the only cheery notes on another bleak day for Footsie. ENRC leads the miners with Cairn Energy and Tullow the best oil groups as the price of crude shoots up to $146 per barrel on Iran worries...

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US housing loan woes ripple across global markets - International Herald Tribune

US housing loan woes ripple across global markets
International Herald Tribune, France - 1 hour ago
Moreover, virtually every US home mortgage lender, from giants like Citigroup to the smallest local banks, relies on Fannie Mae and Freddie Mac to grease .
..

The American dream turns into a quagmire - MarketWatch

HispanicBusiness.com

The American dream turns into a quagmire
MarketWatch - 4 hours ago
By MarketWatch LONDON (MarketWatch) -- To paraphrase a recent newsmaker, America's mortgage chickens are coming home to roost. , , ) will in all likelihood .
US Treasury's Paulson says home foreclosures to remain 'elevated . Forbes
Paulson: EUR˜Inevitable Housing Correction Wall Street Journal Blogs
Paulson: Many foreclosures "not preventable" Los Angeles Times
AHN - New York Times
all 238 news articles
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U.S. Stocks Climb; Alcoa Leads Rally in Raw-Materials Producers (Bloomberg.com)
July 10 (Bloomberg) -- U.S. stocks rose, helping the Standard & Poor's 500 Index rebound from a two-year low, after Dow Chemical Co.'s agreement to buy Rohm & Haas Co...

Crackdown on mortgage lending will protect home buyers and taxpayers - Vancouver Sun

Crackdown on mortgage lending will protect home buyers and taxpayers
Vancouver Sun,  Canada - 11 hours ago
These moves will help ensure that home buyers are not over-extended, that Canadian taxpayers are not put at greater risk of mortgage defaults and that an .
Regulations Tightened for New Mortgages in Canada DigitalJournal.com
Mortgage wisdom Globe and Mail
Tighter mortgage rules are a good first step The Gazette (Montreal)
The Canadian Press - Canada NewsWire (press release)
all 169 news articles
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UPDATE: Home Builders Fall As FNM, FRE Turmoil Persists - CNNMoney.com

UPDATE: Home Builders Fall As FNM, FRE Turmoil Persists
CNNMoney.com - 38 minutes ago
Known as GSEs, they touch 70% of the mortgages made nationwide, and they own or guarantee about half of the US home-mortgage debt outstanding. .
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2 in 3 Americans say harder to get mortgage: survey - Reuters

2 in 3 Americans say harder to get mortgage: survey
Reuters - 2 hours ago
According to a survey commissioned by Deloitte LLP, 67 percent of people who applied for a home mortgage found the process more difficult than before the US .
Deloitte Survey: Two Out of Three Consumers Say Mortgages and . Biloxi Sun Herald
all 15 news articles
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Growing concerns about future of Fannie Mae, Freddie Mac - USA Today

ABC News

Growing concerns about future of Fannie Mae, Freddie Mac
USA Today - 6 hours ago
The two companies currently own or guarantee about $5 trillion of mortgages, or nearly half of all US home-mortgage debt outstanding. .
Shares Of Fannie Mae And Freddie Mac Plunge On Possible Government . RTT News
Shares of 2 giant US mortgage companies tumble CBC.ca
MARKET SNAPSHOT: US Stocks Drop Sharply As Oil Surges, Mortgage . CNNMoney.com
Voice of America - RTE.ie
all 1,490 news articles
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MORTGAGE MONSTERS (New York Post)
THE stock of mortgage giants Freddie Mac and Fannie Mae fell sharply this week. The drop not only shows how far they've fallen in investors' esteem - it calls into question both how the government regulates the companies and plans in Congress to...

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US Mulls Future of Fannie, Freddie - Wall Street Journal

AFP

US Mulls Future of Fannie, Freddie
Wall Street Journal - Jul 9, 2008
The two companies own or guarantee about $5 trillion of mortgages or nearly half of all US home-mortgage debt outstanding. The government has increasingly .
Paulson says priority is to support US mortgage giants Times Online
Let the Housing Bail-Outs Begin Huffington Post
Freddie and Fannie shares plunge on possibility of bailout International Herald Tribune
FOXBusiness - guardian.co.uk
all 1,079 news articles
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Forged title transfer is a crime, even among partners - MarketWatch

Forged title transfer is a crime, even among partners
MarketWatch - 20 hours ago
Coverage of home buying and selling, housing prices, mortgage information and home improvement. I'm not an attorney but it seems to me that it makes no .
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Two more banks raise home mortgage rates - The Age

NEWS.com.au

Two more banks raise home mortgage rates
The Age, Australia - 6 hours ago
THE Commonwealth and ANZ banks have followed St George and BankWest by increasing their variable home loan interest rates independently of the Reserve Bank. .
Double trouble to hit home in mortgage belt Sydney Morning Herald
Big banks push home loans closer to 10 pc Melbourne Herald Sun
Justify rates rise, Wayne Swan tells banks Herald Sun
Sydney Morning Herald - Sydney Morning Herald
all 379 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..

N.E. Neighbors mortgage effort needs volunteers (The Altoona Herald-Mitchellville Index)
Des Moines-area neighborhoods, particularly those in the 50317 ZIP code, have seen an increased number of foreclosures, which leads to a greater number of vacant and unkempt homes...

Housing Slump Batters Mortgage Giants Freddie Mac, Fannie Mae - Informify

Housing Slump Batters Mortgage Giants Freddie Mac, Fannie Mae
Informify, CO - 18 hours ago
The two companies share $5 trillion of home mortgage debt. This would increase the national debt (currently at $9.5 trillion) by more than 50%.
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Lehman leads banks in Friday sell-off (Crain's New York Business)
Shares of investment banks tumbled Friday, led by a 23% decline at Lehman; the Dow dropped below 11,000 for the first time in two years amid Fannie Mae and Freddie Mac woes...

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Real Estate Discovers CRM, Part 1: Embracing the Idea (E-Commerce Times)
In few other industries is the need for a good CRM system as great as in real estate -- a business that employs large sales forces with a need to build lasting client relationships and processes lots of documents. Add to that the need to track property listings, sales leads and referrals, and it becomes clear that CRM is the name of the game in real estate...

Dollar Falls to Within Cent of All-Time Low on Fannie, Freddie (Bloomberg.com)
July 11 (Bloomberg) -- The dollar dropped to within a cent of the all-time low against the euro on concern the U.S. government may be forced to take over mortgage lenders Fannie Mae and Freddie Mac...

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