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Financial industry pushes for lower mortgage rates (AP via Yahoo! News)
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market.
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Financial industry pushes for lower mortgage rates (San Francisco Chronicle)
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to 4.5 percent by...
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Asia Markets: Sector turns up as mortgage applications surge (Market Watch)
Shares of U.S. financial stocks reverse early losses as data show mortgage refinancing applications rose sharply, suggesting capital may be flowing better to homeowners and providing some support for weak home prices.
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U.S. MBA’s Mortgage Applications More Than Doubled Last Week (Bloomberg)
Dec. 3 (Bloomberg) -- Mortgage applications in the U.S. surged by a record last week as lending rates plunged after the Federal Reserve pledged to buy mortgage-backed debt.
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Financial industry pushes for lower mortgage rates (Seattle Times)
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.
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Financial industry pushes for lower mortgage rates (Fort Worth Star-Telegram)
By CHRISTOPHER S. RUGABER and ALAN ZIBEL Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. Under one proposal, Treasury would seek to lower the rate on a 30-year mortgage to 4.5 percent by purchasing mortgage-backed securities from Fannie Mae and Freddie Mac, Scott Talbott, chief lobbyist at ...
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Lower mortgage rates help but jobs, prices key (The Economic Times)
The lowest mortgage rates in three years are luring first-time buyers and cost-cutting refinancers, but falling home prices and mounting unemployment will keep U.S. housing in its deepest slump since the Great Depression.
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Avoiding your own mortgage collapse (The News Journal)
It used to be that homeowners struggling to meet their mortgage payments had two options -- refinance or sell the house. Foreclosures happened mainly to those who lost a job or suffered a medical misfortune.
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Mortgage freeze hard on self-employed (Rocky Mountain News)
The government’s recent moves to backstop the mortgage market have made it easier for many people with decent credit scores to get a loan. But for many self-employed people — even those with pristine credit — the mortgage freeze has yet to thaw.
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Florida leads nation in fraudulent mortgage applications (Miami Herald)
Despite more stringent underwriting of mortgages in the wake of record foreclosures, lenders continued to battle the problem of home loan fraud during the second quarter of theyear, with Florida borrowers again submitting more questionable loan applications than borrowers in any state in the nation, according to an industry report released Tuesday.
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