US economy to mostly dodge mortgage woes - Bernanke (Times of Malta) Waves of mortgage delinquencies should not seriously hurt the US economy even though loan foreclosures are likely to rise even more this year and next, Federal Reserve chairman Ben Bernanke
Fed rate policy keeping ARM costs low A homeowner worried about a mortgage rate reset can thank the Fed for keeping costs low, says Dr. Don Taylor.read more...
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Wells Fargo takes over Dominion mortgage services (bizjournals.com via Yahoo! Finance) The timing may be odd, but faced with lawsuits about its lending practices and questions from the state and federal governments, Dublin-based Dominion Homes Inc. is turning over its
Word on meetings to save $35B in ABCP likely to come after market close "There will be an announcement today." - Discussions over what to do with $35 billion of short-term asset-backed commercial paper continued Friday ahead of a looming deadline, with an
Housing construction surged in January Construction of new homes and apartments, defying forecasts of a housing slowdown, shot up in January at the fastest pace in more than three decades.read more...
Getting a mortgage can be confusing and frustrating. To make it less so, the federal housing department has proposed an overhaul of the mortgage process, from application to closing.
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