Selling Mortgage Leads News for 09/14/2008




Mortgage giants seizure might ease housing woes (The State)
WASHINGTON EUR” The historic seizure Sunday of mortgage finance titans Fannie Mae and Freddie Mac is expected to bolster the nations sinking housing sector by lowering mortgage rates and jump-starting the obscure background market that is vital to home lending. Treasury Secretary Henry Paulson announced in a Sunday morning news conference that the government was seizing Fannie Mae and Freddie ...

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Government Rescues Two Biggest Mortgage Companies - NewsBlaze

Government Rescues Two Biggest Mortgage Companies
NewsBlaze, CA - Sep 12, 2008
A further 9 percent of US home mortgage holders are behind in their payments or face repossession of their houses. Many feel the situation would get far .
Video: The Mortgage Crisis: Responsible Borrowers AssociatedPress
Dipping Mortgage Rates, Stokes Home Buyers Interest The Money Times
google news commentComment by Mark Goldman Real Estate Lecturer, San Diego State University
USA Today - Wall Street Journal
all 9,720 news articles
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Commentary - Paulson wields bazooka, puts Fannie and Freddie on . - Jamaica Gleaner

Voice of America

Commentary - Paulson wields bazooka, puts Fannie and Freddie on .
Jamaica Gleaner, Jamaica - Sep 12, 2008
These two institutions, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Mortgage Corporation (Freddie Mac) have an interesting .
UNITED STATES: GSEs saved, but housing slide to persist International Herald Tribune
In Rescue to Stabilize Lending, US Takes Over Mortgage Finance Titans New York Times
Ka-boom! It's a Fan & Fred shot worth $200 billion Houston Chronicle
Wall Street Journal - Inside Futures
all 103 news articles
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Pole position for property - Courier Mail

Pole position for property
Courier Mail, Australia - 54 minutes ago
Jennifer Nielsen, chief executive officer of Loan Market Group, says there is nothing to stop customers from being pro-active about their home mortgage rate .
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Mortgage Relief For Housing Market (Forbes)
With 30-year mortgage loan rates sinking last week, Wall Street is looking for a bottom...

Bank of America Leads Lehman Bidders; Treasury Balks (Update1) (Bloomberg.com)
Sept. 12 (Bloomberg) -- Bank of America Corp. leads a list of potential bidders for Lehman Brothers Holdings Inc. , a person with knowledge of the talks said, even as the U.S. Treasury opposed funding a deal and the structure of any transaction remained in flux...

Consumer woes could be the next fiscal storm (San Francisco Chronicle)
The government doesn't want Fannie Mae or Freddie Mac to go broke, but it better start thinking about what happens if the rest of us do. The latest data on the job market paints an ugly picture: The unemployment rate shot to a five-year high in August and...

RMS Releases 2007 HMDA Peer for RiskExec Suite of Software - PR.com (press release)

RMS Releases 2007 HMDA Peer for RiskExec Suite of Software
PR.com (press release), NY - 8 hours ago
. a leading provider of compliance software and solutions for the banking/mortgage industries announced today the release of the 2007 Home Mortgage .
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Takeover Has Affected Interest Rates - Tampa Tribune

Takeover Has Affected Interest Rates
Tampa Tribune, FL - 11 hours ago
"Couldn't be better," said Sandy Del Valle, branch manager/reverse mortgage specialist for Eagle Home Mortgage in Lake Placid. The interest on a 30-year .
Will Fannie, Freddie takeovers rescue housing? Orlando Sentinel
Takeover of Freddie Mac and Fannie Mae could improve local real . Walton Sun
all 7 news articles
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Bank of America Leads Lehman Bidders; Treasury Balks (Update2) (Bloomberg.com)
Sept. 12 (Bloomberg) -- Bank of America Corp. led a list of potential bidders for Lehman Brothers Holdings Inc. , a person with knowledge of the talks said today, even as the U.S. Treasury opposed funding a deal and the structure of any transaction remained in flux...

Fannie, Freddie Takeover Leads to Questions (The Memphis Daily News)
WASHINGTON (AP) EUR The federal governments dramatic takeover of mortgage finance companies Fannie Mae and Freddie Mac raises many questions for the pu....

Brain leads the way for Trigold (Money Marketing Online)
The long-running saga over the ownership of Trigold could be set to end with Mortgage Brain now favourite to buy the sourcing system, Money Marketing understands. ...

Breach at Countrywide (Journal Inquirer)
Troubled mortgage lender Countrywide Financial Corp. has revealed that private information on almost 30,000 Connecticut customers was stolen in a massive national security breach...

Its Helpful to Know Your Limits - New York Times

Its Helpful to Know Your Limits
New York Times, United States - 16 hours ago
Stuart Tyrie, a vice president of Wells Fargo Home Mortgage, which has taken part in Mr. Gollingers preauction financing program, says the bank carefully .
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Your Week (The Salt Lake Tribune)
WASHINGTON - When the government took over failed mortgage giants Freddie Mac and Fannie Mae this week, it not only dismissed the companies' CEOs, it also fired an army of lobbyists and shut down a pair of political action committees that had contributed millions to members of Congress...

Mortgage Bailout Leads Rally on Wall Street (Washington Post)
NEW YORK, Sept. 8 -- Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur after the U.S. government's move to bail out the mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points...

Who should get breaks on mortgages? - San Francisco Chronicle

Who should get breaks on mortgages?
San Francisco Chronicle,  USA - 11 hours ago
To qualify for modification under the FDIC's plan for IndyMac, the loan must be a first mortgage on the borrower's primary residence and it must be owned or .
US Holds the Whip Hand in Modifying Mortgages New York Times
Bush: Takeover of housing giants 'critical' The Associated Press
Fannie and Freddie takeover: not all homeowners benefit 100 Mortgages
Live-PR.com (Pressemitteilung) - San Francisco Chronicle
all 431 news articles
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Mortgage Leads Online- Key Home Loans
Forum: Finance Vertical Forum Posted By: Ollie72 Post Time: 11-09-08 at 02:35 PM...

The Mortgage Business Sucks.. Here's Why I Left..
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Home-equity loans weigh on Baby Boomers - Chicago Tribune

Home-equity loans weigh on Baby Boomers
Chicago Tribune, United States - 8 hours ago
Most of this debt is home-mortgage debt. Q: Did those approaching retirement age act any differently? A: Older households [generally] gain more from price .
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Pletschet: Stick with safest real estate investments - Oakland Tribune

Pletschet: Stick with safest real estate investments
Oakland Tribune, CA - 1 hour ago
For those who don't know, Freddie Mac (Federal Home Mortgage Corp.) and Fannie Mae (Federal National Mortgage Association) are government-sponsored .
Area lenders see mortgage rates decrease Trading Markets (press release)
Gov't takeover may ease housing pains Marketplace
*US NAR:0.5 Pnt Mtg Rate Cut from GSE Takeover Not in Fcast Trading Markets (press release)
Trading Markets (press release)
all 13 news articles
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Mortgage Lending Fell Sharply Last Year - Wall Street Journal

Miami Daily Business Review

Mortgage Lending Fell Sharply Last Year
Wall Street Journal - Sep 11, 2008
The two studies were based on data collected under the Home Mortgage Disclosure Act, which examined loans issued by roughly 8600 lenders nationwide, .
Alt-A Mortgages Next Risk for Housing Market as Defaults Surge Bloomberg
Riskier US home loans fell in 2007: regulators Reuters
Loan Originations to Hispanics, African-Americans Fall Sharply Wall Street Journal Blogs
BusinessWeek - PR-CANADA.net (press release)
all 22 news articles
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