Ahead of the Bell: NY Mortgage Probe (AP via Yahoo! Finance) New York State Attorney General Andrew Cuomo is scheduled to unveil what his office called "a major development in his ongoing investigation of the mortgage industry" at 11 a.m.
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Buying Foreclosed Homes Without Going the Auction Route Auctions of homes in foreclosure aren't the best way to find a bargain. Here's a look at some other methods for a determined buyer to tap into the foreclosure market.
McCain's mortgage buyout proposal draws fire (McClatchy Newspapers via Yahoo! News) BETHLEHEM, Pa. ? Seeking to regain ground he's lost in the polls during the economic crisis, Republican John McCain returned to the campaign trail Wednesday trumpeting a mortgage bailout
Fund manager loads up on mortgage-backed bonds (International Herald Tribune) Joseph Balestrino, manager of the Federated Total Return Bond Fund, was buying when investors fled mortgage bonds.read more...
Group Sets Limits on Mortgage Bond Sales (AP via Yahoo! Finance) Mortgage finance companies Fannie Mae and Freddie Mac will not be allowed to include larger mortgages in a commonly used market where investors trade mortgage-backed securities before they are
The president of Federal Agricultural Mortgage Corp., which writes mortgage loans for agricultural real estate and rural housing, exercised options for 60,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Tuesday.
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