Mortgage crisis affecting student loans (WTHR Indianapolis)
The sub-prime mortgage crisis is now seeping into student loans, holding back college students from completing their education.
read more…
Mortgage Lenders Files for Ch. 11 (AP via Yahoo! Finance) Mortgage Lenders Network USA Inc., which caters to borrowers with weak credit, filed for bankruptcy-court protection Monday, the latest in a string of subprime home-loan providers to be hit
July mortgage lending growth slows, approvals up (Reuters.co.uk) LONDON (Reuters) - Mortgage lending rose by its weakest amount in three years in July but the number of loan approvals hit a year high, according to official data on
Refinancing boosts mortgage applications (New York Daily News) Mortgage applications rose last week as a drop in borrowing costs caused refinancing to almost double.
New-homes delay wearing on buyers (Reg Req'd) New-home shoppers' patience is being tested in metropolitan Phoenix. It's taking twice as long to build a home as it did five years ago, and buyers have fewer lots from
Fannie finds new accounting errors, delays results (Reuters via Yahoo! News) Mortgage finance giant Fannie Mae, engulfed in an $11 billion accounting scandal, on Monday said it found more accounting errors and delayed posting financial results for the second year
Goldman Doesn't Plan Significant Mortgage Writedown (Update1) (Bloomberg.com) Nov. 13 (Bloomberg) -- Goldman Sachs Group Inc., the biggest U.S. securities firm by market value, doesn't plan to take any significant writedowns on mortgage-related assets, Chief Executive Officer Lloyd