Mortgage lawsuit may have big effect (Milwaukee Journal Sentinel)
A mortgage dispute between a giant Maryland bank and a Cedarburg couple has grown into a closely watched federal court…
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The Subprime Mortgage Market (Federal Reserve Board) The recent sharp increases in subprime mortgage loan delinquencies and in the number of homes entering foreclosure raise important economic, social, and regulatory issues. Today I will address a series
InterFirstlink's New Second Mortgage Products Help Community Banks Increase First Mortgage Business, Attract New (PR Newswire via Yahoo! Finance) The Financial Institutions Group of InterFirst Wholesale Mortgage Lending, a division of ABN AMRO Mortgage Group, Inc., recently expanded its InterFirstlink program to include second mortgages.read more...
Fannie Mae CEO Says Portfolio Shouldn't Be Limited Fannie Mae and Freddie Mac, long two of the most politically influential and aggressively lobbying companies operating in the capital, now face a legislative onslaught that could put them under
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Sour bond-market climate sinks funds Bond investors may have been able to shrug off rising interest rates and the Federal Reserve's well-telegraphed inflation jitters earlier this year, but by the third quarter these concerns held
Sacrifice, subsidies at heart of low-wage struggle Every day is the same. St. Clair Charles, 65, West Ashley, spends his mornings directing people to the appropriate floor at the Employment Security Commission on Lockwood Drive.Commentread more...