Selling Mortgage Leads News for 09/07/2008




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Plenty to Coax Home Buyers Back To the Market - Washington Post

Plenty to Coax Home Buyers Back To the Market
Washington Post, United States - 12 hours ago
Because it's one of the few remaining alternatives for buyers with low down payments, the FHA is a mainstay of the mortgage market now. .
Federal housing tax credit has mixed benefits Indianapolis Star
all 2 news articles
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Rangel's interest-free villa (Memphis Commercial Appeal)
Rep. Charles Rangel paid no mortgage interest on a beach resort property for more than 10 years, a lawyer for the powerful House committee chairman said Friday...

Cashing out the nest egg - Minneapolis Star Tribune

Cashing out the nest egg
Minneapolis Star Tribune, MN - 1 hour ago
Leonard and Maricarol Mortenson at their Carlos, Minn., home. A reverse mortgage allowed Leonard to retire and the couple to purchase the house in Carlos .
Ask the Expert: Mom's co-op choices Newsday
all 3 news articles
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Baytown woman sues lenders, says she was a victim of predatory . - Houston Chronicle

Houston Chronicle

Baytown woman sues lenders, says she was a victim of predatory .
Houston Chronicle, United States - Sep 4, 2008
Aiyer said the lawsuit was filed against Alpha Mortgage USA Inc., the original lender, and American Home Mortgage Servicing Inc., which now holds the loan. .
Texas woman sues over predatory lending Houston Chronicle
all 26 news articles
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New low for US market Loan crisis shifts to home owners with risky . - Sydney Morning Herald

San Diego Union Tribune

New low for US market Loan crisis shifts to home owners with risky .
Sydney Morning Herald, Australia - 20 hours ago
TROUBLE in the United States mortgage market has shifted from subprime loans made to borrowers with bad credit to home owners who had solid credit but took .
Utah home foreclosure rate edges up Salt Lake Tribune
Home loan troubles break records again The Associated Press
Foreclosure Effect on Home Prices May Be Small Wall Street Journal Blogs
Newsday - Bloomberg
all 682 news articles
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Internet Mortgage Leads
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Florida tops in lapsed mortgages (The Palm Beach Post)
One in 12 mortgage borrowers in Florida are critically behind on their loan payments, the Mortgage Bankers Association said Friday...

Mortgages Fall Further - Wall Street Journal

KEZI

Mortgages Fall Further
Wall Street Journal - Sep 4, 2008
WASHINGTON -- Home mortgage rates moved lower this week after indications that consumer spending could slow, Freddie Mac's chief economist said. .
US 30-year mortgage rates fall in latest week Reuters
Mortgage rates ease: Third week in a row CNN
30-year mortgages dip slightly to 6.35 percent The Associated Press
United Press International - MarketWatch
all 121 news articles
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Risky Loans Hurt Lender in California (New York Times)
Downey has been racked by the mortgage crisis and federal regulators ordered it to shore up its finances and provide a detailed plan to reduce its assets and strengthen management...

Billions for banks in those overdraft "protection" fees (Seattle Times)
Industry defends service, opposes proposal by Fed to let customers opt out of automatic systems....

Mortgage interest rates continue to rise (Globes Online)
The average mortgage interest rate rose to 4.61% in August, the fifth continuous month of increase...

On Dividend Taxes, It?s a Post-Partisan Race (New York Times)
Without much fanfare or public notice, Senator Barack Obama has embraced a central element of the Republican agenda: the treatment of corporate dividends...

Florida leads in housing defaults (Bradenton Herald)
Florida continues to lead the nation in mortgage delinquencies, with one in every seven borrowers either in foreclosure or behind on their payments at the end of June, the Mortgage Bankers Association said Friday...

Investments Are Faltering in Chrysler and GMAC - New York Times

RTT News

Investments Are Faltering in Chrysler and GMAC
New York Times, United States - Sep 4, 2008
That includes Residential Capital, which became one of the nations biggest mortgage providers and plunged into the market for riskier home loans that could .
GMAC's Home Loan Unit to Fire 5000, Shut 200 Offices (Update1) Bloomberg
UPDATE 1-GMAC to cut 5000 jobs at ResCap mortgage unit Reuters
GMAC to Cut 5000 Jobs At Ailing Mortgage Business Wall Street Journal
The Associated Press - Bloomberg
all 516 news articles
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Bank offers lure to close home equity lines - WKYC-TV

Bank offers lure to close home equity lines
WKYC-TV, OH - 8 hours ago
National City Corp. is trying to recover from steep losses in the home mortgage market and wants to get rid of equity lines that don't have a balance. .
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Home calendar - Detroit Free Press

Home calendar
Detroit Free Press, United States - 2 hours ago
Reverse mortgage seminar: For homeowners 62 and older who want to tap into their home's equity, 6 pm Tuesdays, Thursdays at 30800 Telegraph, Ste. .
Homes in county up for auction Royal Oak Daily Tribune
all 2 news articles
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Bakersfield leads nation in new citizens sworn (San Francisco Chronicle)
Bakersfield is the nation's leader in the number of new naturalized citizens per capita. Federal immigration officials say the Central Valley city reported a 90 percent increase between 2006 and 2007 to be top in the country. That's 2,576 people taking the...

Treasury set to bail out Fannie Mae, Freddie Mac - MarketWatch

Boston Globe

Treasury set to bail out Fannie Mae, Freddie Mac
MarketWatch - 1 hour ago
. a plan to bail out and recapitalize collapsing home mortgage giants Fannie Mae and Freddie Mac in one of the biggest government rescues in US history. .
Video: Obama Calls for Changes in Mortgage Giants AssociatedPress
US gov't to save Fannie and Freddie PRESS TV
Feds to Take Over Fannie Mae and Freddie Mac on Sunday NewsBlaze
Los Angeles Times - Boston Globe
all 2,312 news articles
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Crumbling financials have further to fall - Financial Post

Financial Post

Crumbling financials have further to fall
Financial Post, Canada - Sep 6, 2008
But signs of the looming crisis had emerged months earlier, in February, 2007, when US home mortgage lenders started warning of massive losses because a .
Credit Crunch: The Sequel U.S. News & World Report
all 79 news articles
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Smoking Hot Refi Mortgage Leads in September
We look forward to the kids going back to school, all the tourists going home, and the beaches and roadways clearing up. But add to the list this month, a strong showing for Refinance Mortgage Leads. Refi Leads are holding strong at 93% ...

14 percent of Florida facing mortgage crisis (Sun-Sentinel)
More than 4 million American homeowners with a mortgage, a record 9 percent, were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis worsened, the Mortgage Bankers Association said Friday...

Talk Back (The News & Observer)
Readers respond to Work & Money and Business section coverage...



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