US Consumer Loan Aid Will Trickle Only So Far - New York Times

November 29th, 2008 by admin
US Consumer Loan Aid Will Trickle Only So Far
New York Times, United States - Nov 26, 2008
Lower mortgage rates do little when unemployment rises and wages stagnate, he added. To qualify for the best rates, borrowers will need to have a credit
Mortgage rate drop sparks surge in consumer interest San Jose Mercury News
Paying for home just got cheaper Arizona Republic
US MBA’s Mortgage Applications Index Rose 1.5% Last Week Bloomberg
Chicago Tribune - ScienceBlog.com
all 28 news articles

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As Loan Rates Fall, Borrowers Seek 'Taste of the Bailout Pie' - Washington Post

November 29th, 2008 by admin

Washington Post
As Loan Rates Fall, Borrowers Seek 'Taste of the Bailout Pie'
Washington Post, United States - Nov 26, 2008
By Dina ElBoghdady Would-be mortgage borrowers have rushed to refinance their loans and even weighed plans to buy homes following the government's move this
Mortgage rate drop spurs rush to lenders for refinancing Detroit Free Press
Bankrate: Mortgage Rates Plunge Mortgageorb
all 5 news articles

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You can qualify for mortgage, it's just tougher - San Francisco Chronicle

November 29th, 2008 by admin
You can qualify for mortgage, it's just tougher
San Francisco Chronicle,  USA - 6 minutes ago
Lenders and others in the mortgage industry were very clear that the bar has risen. Today borrowers need three things to qualify for a loan: documentable

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Lenders Become Proactive - New York Times

November 29th, 2008 by admin

BBC News
Lenders Become Proactive
New York Times, United States - 22 hours ago
Lenders use this benchmark for determining the size of a loan. But a property tax increase or a job loss can push borrowers beyond that threshold.
Borrowers get gift of lower mortgage rates Seattle Post Intelligencer
Mortgage rates fall, but many borrowers will have trouble qualifying Los Angeles Times
How Lack of Government Regulation Caused Financial Meltdown NewsBlaze
Baltimore Sun - Sarasota Herald-Tribune
all 2,107 news articles

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US Consumer Loan Aid Will Trickle Only So Far - New York Times

November 28th, 2008 by admin
US Consumer Loan Aid Will Trickle Only So Far
New York Times, United States - Nov 26, 2008
Lower mortgage rates do little when unemployment rises and wages stagnate, he added. To qualify for the best rates, borrowers will need to have a credit
Mortgage rate drop sparks surge in consumer interest San Jose Mercury News
US MBA’s Mortgage Applications Index Rose 1.5% Last Week Bloomberg
Brief refinancing frenzy Chicago Tribune
all 24 news articles

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As Loan Rates Fall, Borrowers Seek 'Taste of the Bailout Pie' - Washington Post

November 28th, 2008 by admin

Washington Post
As Loan Rates Fall, Borrowers Seek 'Taste of the Bailout Pie'
Washington Post, United States - Nov 26, 2008
By Dina ElBoghdady Would-be mortgage borrowers have rushed to refinance their loans and even weighed plans to buy homes following the government's move this
Mortgage rate drop spurs rush to lenders for refinancing Detroit Free Press
Bankrate: Mortgage Rates Plunge Mortgageorb
all 5 news articles

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Lawsuit Paints Loan Crisis In Black, White and Brown - Washington Post

November 28th, 2008 by admin
Lawsuit Paints Loan Crisis In Black, White and Brown
Washington Post, United States - 5 hours ago
Because the loans often came with terms that increased borrowers' probability of default — upfront teaser rates followed by unaffordable payment

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Mortgage rates fall, but many borrowers will have trouble qualifying - Los Angeles Times

November 28th, 2008 by admin

Washington Post
Mortgage rates fall, but many borrowers will have trouble qualifying
Los Angeles Times, CA - Nov 27, 2008
Such "conforming" loans are eligible to be purchased or guaranteed by Fannie Mae or Freddie Mac. Borrowers with a 20% down payment and 720 credit score
Home shoppers rush in as mortgage rates fall USA Today
US move cuts mortgages to lowest rate since February Baltimore Sun
Last Call for Smart Homeowners Motley Fool
Arizona Republic - News & Observer
all 1,398 news articles

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Allied to Offer FHA Homebuyers New Rainy Day Foundation HELP Program - MarketWatch

November 26th, 2008 by admin
Allied to Offer FHA Homebuyers New Rainy Day Foundation HELP Program
MarketWatch - 7 hours ago
Depending on circumstances, the policy will pay up to six months of a borrower's mortgage, up to a maximum of $1800 (principal, interest,

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RBC Loan Unit to Pay $11 Million to Settle US Claim (Update1) - Bloomberg

November 26th, 2008 by admin

StarPhoenix
RBC Loan Unit to Pay $11 Million to Settle US Claim (Update1)
Bloomberg - 11 hours ago
25 (Bloomberg) — A Royal Bank of Canada home-mortgage unit will pay $11 million to resolve US government claims it gave false information about borrowers
UPDATE 1-RBC pays $11 mln to settle US mortgage fraud probe Reuters
Mortgage Company Settles Claims Over Bad Loans in Rockford Area WREX-TV
RBC Mortgage Company Pays US More Than $10.71 Million to Settle MarketWatch
Rockford Register Star - EasyBourse.com
all 146 news articles

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