VALUABLE EXPERIENCES Melanie Chansky, 27 Bought her first house last fall in Alexandria read more...
Regulators Close Two U.S. Banks Regulators Close Two U.S. Banks Federal regulators have closed two banks in the U.S. West, saying they were undercapitalized due to the poor performance of home mortgage loans.read more...
Mortgage Applications Edge Up (Nasdaq) (RTTNews) - Industry data released on Wednesday showed that mortgage application volume edged up last week, thanks to an advance in refinancing activity. Purchase activity for the week ticked down.read
Do's and dont's for fending off foreclosure Even after your lender sends a default letter, there are still ways to keep your house. There are also ways to make the situation worse, warns the Bankruptcy Adviser.read more...
Mortgage meltdown impact minimal on Hawaii borrowing (BizJournals) We were interested in gauging the impact of the Mainland mortgage meltdown on credit and finance in Hawaii and discovered that a lot of businesses are feeling a squeeze.read more...
ITV puts 325m into staff pensions Chief executive Charles Allen said it wanted to be proactive in tackling the 580m shortfall in ITV's six pension funds.read more...
The Bush administration assured Congress on Friday that it is aggressively working to deal with a rising tide of mortgage foreclosures in the country.
Officials, however, said homeowners threatened with the loss of their homes must do their part by actively seeking help to avert foreclosures.
Robert K. Steel, Treasury’s undersecretary for domestic finance, and Brian D. Montgomery, an assistant secretary at the Department of Housing and Urban Development, said the administration has a comprehensive plan and is working with an industry group formed to deal with the looming foreclosure crisis. Read more
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