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Tag : mortgage (1,287)
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One Third of New Home Owners Owe More Than House Is Worth »
Posted by: Neophile 3 months, 1 week ago in Business & Finance
Almost one-third of U.S. homeowners who bought in the last five years now owe more on their mortgages than their properties are worth.
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At Freddie Mac, Chief Discarded Warning Signs »
Posted by: Neophile 3 months, 2 weeks ago in Business & Finance
The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial crises now ...
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Streamlined Mortgage Loan Modifications on the Way - Mortgage Rate News »
Posted by: PanAsianBiz 6 days, 3 hours ago in Business & Finance
With Alt-A loans heading into the same realm of foreclosure as the subprime loans before them, things are increasingly looking grim for mortgage lenders. Indeed ...
More | Discuss (0) | Read Full Story at banks.com
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FDIC learns it ignores bloggers at its peril »
Posted by: Neophile 3 months, 3 weeks ago in Business & Finance
The federal agency insuring bank deposits learned that it can't afford to ignore the blogs following its seizure this month of IndyMac Bank, the ...
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Markets turmoil as Lehman hits rocks »
Posted by: monicachenoa 2 months ago in Business & Finance
Lehman Brothers, which has been hit by billions of dollars-worth of sub-prime
mortgage losses, said it was planning to file for Chapter 11 bankruptcy. -
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WaMu Becomes Biggest US Bank to Fail »
Posted by: y_soitenly 1 month, 3 weeks ago in Business & Finance
NEW YORK (Sept. 26) - As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks - Washington ...
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Foreclosure fallout: House in Detroit sells for $1 »
Posted by: mozzer 3 months ago in Business & Finance
One dollar can get you a large soda at McDonald's, a used VHS movie at 7-Eleven or a house in Detroit.
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Delinquencies for 2007 mortgages outpacing 2006 »
Posted by: mozzer 3 months, 1 week ago in Business & Finance
NEW YORK (Reuters) - Delinquencies of prime mortgages originated in 2007 are outpacing those made in 2006, suggesting the U.S. housing and financial crisis may ...
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Fannie Mae Losses More Than Triple Forecasts: $2.3 Billion »
Posted by: Neophile 3 months, 1 week ago in Business & Finance
Struggling mortgage finance giant Fannie Mae reported Friday a steeper-than-expected quarterly loss and said it was taking measures to face the challenges of the worst ...
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Wachovia Loses $23.9 Billion on Real-Estate Charges »
Posted by: MyWayOnNow 3 weeks, 6 days ago in Business & Finance
Wachovia Corp. , the bank being
acquired by Wells Fargo & Co., reported its third straight
quarterly loss, hurt by crumbling mortgage markets and writedowns
on securities ... -
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The Pain Of Paying Cash »
Posted by: chapelhillNC 2 months, 1 week ago in Business & Finance
The increased media coverage on the U.S. economy has caused many people to ask "how did we get to this point?" Although its convenient ...
More | Discuss (1) | Read Full Story at watsoninc.blogspot.com
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WaMu is largest U.S. bank failure »
Posted by: Patience 1 month, 3 weeks ago in News
Washington Mutual Inc (WM.N: Quote, Profile, Research, Stock Buzz) was closed by the U.S. government in by far the largest failure of a ...
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Historic U.S. government takeover of Fannie & Freddie »
Posted by: Pdlpublic 2 months, 1 week ago in News
Treasury Department on Sunday unveiled an extraordinary takeover of twin mortgage buyers, Fannie Mae and Freddie Mac, putting the government in charge of the twin ...
More | Discuss (1) | Read Full Story at myvoiceoflife.blogspot.com
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WaMu failure: Largest bank collapse in U.S. history »
Posted by: hotday 1 month, 3 weeks ago in Business & Finance
In the largest bank failure in U.S. history, Washington Mutual Inc. (WaMu), with $307 billion in assets, was seized by federal regulators; and its ...
More | Discuss (1) | Read Full Story at myvoiceoflife.blogspot.com
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Mortgage shopping? Rates are looking much better »
Posted by: Deidre 2 months, 1 week ago in Business & Finance
Up until about a week ago, it was pretty much impossible to find a 30 year fixed mortgage rate much lower than 6.375 percent ...
More | Discuss (0) | Read Full Story at boston.com
