Mortgages & Home Equity Loans

US takes over key mortgage firms

bbc.co.uk     40 mins ago   2 related          

US financial officials have outlined plans for the government to take over the failing mortgage giants Freddie Mac and Fannie Mae. The two companies account for nearly half of the outstanding mortgages in the US, and have...                    

House prices won't recover until 2012

thisismoney.co.uk     11 mins ago   1 related          

for up to eight years. As their mortgages will be bigger than the value of their homes, they will be trapped in properties they cannot afford to sell. A separate report found one in ten homeowners could be in negative...                    

Obama, McCain call for changes in mortgage giants

usatoday.com     4 hrs ago   21 related          

John McCain on the campaign issues: Match up with a candidate: Our issues game lets you compare your views with those of Obama and McCain. TERRE HAUTE, Ind. (AP) — Democratic presidential nominee Barack Obama said Saturday...                    

Biden: Protect taxpayers in mortgage rescue

washingtonpost.com     1 hr ago   4 related          

WASHINGTON -- Joe Biden says the government's rescue of the big mortgage companies Freddie Mac and Fannie Mae should not mean bailing out shareholders at the expense of taxpayers. The Democratic nominee for vice president...                    

Dubai RERA And Emcredit To Profile Realty Buyers

zawya.com     11 hrs ago   2 related          

A new financial product to share information about individual real estate buyers with sellers in the country's property market is being developed by the Real Estate Regulatory Agency (Rera) and the UAE's credit bureau...                    

Prosecutor becomes figure in mortgage mess (Reuters)

yahoo.com     8 hrs ago   1 related          

By Gina Keating 2 hours, 51 minutes ago LOS ANGELES (Reuters) - Thomas O'Brien, the U.S. Attorney for California's Central District, is emerging as a likely prosecutor in criminal cases expected from the U.S. mortgage...                    

Put that extra cash into your Roth IRA

baltimoresun.com     11 hrs ago          

By Ilyce Glink Real Estate Matters thinkglink.com I am 61 years old and have about $500 a month to use either in funding my Roth IRA or paying down my mortgage. Currently, my mortgage is for 15 years at 5.81 percent. I...                    

Borrowers 'Tell all' for Better Home Loan Deal

epochtimes.com     7 hrs ago          

BRISBANE—Most Australians would not shy away from allowing lenders to access their entire credit history if it meant getting a better home loan deal, a new survey has found. A poll by leading mortgage broker Loan Market...                    

UPDATE 1-Canada PM doesn't see U.S.-scale mortgage crisis

finanznachrichten.de     1 hr ago   1 related          

OTTAWA, Sept 7 (Reuters) - Canada will avert a mortgage crisis of the kind that is afflicting the United States, partly because it has not underwritten mortgage finance giants like Fannie Mae, Prime Minister Stephen Harper...                    

Paulson Remarks on Fannie, Freddie Takeover (at CNBC)

yahoo.com     13 mins ago   2 related          

HENRY PAULSON, TREASURY, FANNIE MAE, FREDDIE MAC, GOVERNMENT, MORTGAGE Statement by Secretary Henry M. Paulson, Jr. on Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers Good...                    

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Mortgage , Home Equity Loans