Mortgage industry criticized for “predatory” loans
CAPITOL HILL The new head of the Senate Banking Committee says the mortgage industry needs to step up.
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AP IMPACT: Mortgage firm arranged stealth campaign (AP via Yahoo! News) Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae,
FHA plan could help Hoosiers behind on mortgage payments (The Times of Northwest Indiana) INDIANAPOLIS - A new Federal Housing Administration program intended to reduce the nationwide rash of home-loan defaults has excited some mortgage lenders in Indiana, which has one of the nation's
Mortgages boost Golden West Golden West Financial Corp. said Thursday the popularity of adjustable-rate mortgages drove up third-quarter profits 18 percent to a record high.read more...
Gob pile project in Mather progressing The Greene County Industrial Development Authority announced Wednesday that the Gob Pile project in Mather continues to progress, with the abandoned slate dump reclamation nearing completion.via
Valley Renters React To Mortgage Bailout (KTNV Las Vegas) If you don't have a mortgage, you might think this bailout seems unfair, since many who rent their homes weren't part of the failed mortgage industry. We talked to some
1.4 million in refunds for Alabama homeowners MONTGOMERY, Ala. Alabama Attorney General Troy King says consumers in Alabama should receive an estimated four-point-15 million dollars from the 325 million that mortgage lender Ameriquest has agreed to pay