Fed Adjusts Fee Trigger For Home Mortgage Loan Rules (Nasdaq)
WASHINGTON -(Dow Jones)- Creditors will face stricter home mortgage loan rules when consumers’ fees exceed $583, the Federal Reserve Board announced Tuesday in a notice.
read more…
Four people plead guilty in mortgage fraud conspiracy (Denver Post) Four people accused of participating in a mortgage fraud conspiracy that stole millions of dollars and left a gated community in Arapahoe County ravaged by foreclosures pleaded guilty in federal
Meltdown far from over, new mortgage crisis looms (News 8 Austin) Texas is particularly vulnerable to another nationwide mortgage crisis, this time hitting commercial businesses such as malls.read more...
N.H. homeowners may face second round of mortgage crisis (Boston Globe) New Hampshire homeowners may continue to suffer from the mortgage crisis as concern over the security of standard mortgages mounts.read more...
Fed Focus: Bernanke Urges Banks to Forgive Portions of Mortgages to Stern Foreclosures Live! From the NABE Conference in Arlington, VA: Analysis and Discussion with Ethan Haris of Lehman Brothers via ClipSyndicate read more...
Mexico's Ixe to sell 49 percent of Fincasa mortgage to Deutsche (KVIA) MEXICO CITY Mexican financial services company Ixe Grupo Financiero has reached agreement to sell a 49 percent stake in mortgage company Fincasa Hipotecaria.read more...
HBOS Says U.K. Mortgage Share, Lending Margin to Fall (Update2) (Bloomberg.com) June 12 (Bloomberg) -- HBOS Plc, Britain's biggest mortgage bank, said its share of the U.K. home-loan market will fall by half in the first six months of the year