New Mortgage Rescue Goes Beyond Subprime (AP via Yahoo! Finance)
With mortgage defaults surging and politicians urging the industry to do more, six lenders agreed to widen their effort to help borrowers of all loans—not just subprime.
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Mortgage problems hit close to home (Houston Chronicle) One of the nation's largest mortgage lenders, Houston-based Aegis Mortgage Corp., stopped taking new loans Monday. "It's a bloodbath out there," said Mark Cady, senior vice president of Market Street
More About: St. Louis, Va. BOUNDARIES: Borders are imprecise because St. Louis is an unincorporated village and is considered part of Middleburg. Approximate boundaries are from just inside the intersection of Welbourne Road with St.
Pair face 14 counts in mortgage-fraud case (The Columbus Dispatch) After two indictments yesterday, Delaware County authorities said more people could be charged as part of a multimillion dollar mortgage-fraud ring. read more...
Revving Up New Century? Even though New Century Financial beat analysts' first-quarter forecasts, shares have fallen to 46.28, down from 66 in December.via
Database study by advocates finds mortgage discrimination signs (Fayetteville Observer) Lenders are more likely to charge minorities high rates for mortgage loans that white borrowers could get for a lower cost, an advocacy group's study found.read more...
Rural Crescent faces change Whether they know it as the Rural Crescent, Rural Croissant, Rural Subdivision or simply as the Rural Area, many in Prince William County have a love affair with an 80,000-acre