March 4, 2008
HUD secretary discusses foreclosure fixes - San Francisco Chronicle
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HUD secretary discusses foreclosure fixes
San Francisco Chronicle, USA - Separately, on Monday, Hope Now, the administration's foreclosure prevention coalition with lenders, said it had reworked more than 1 million mortgages for … Refinance.com Announces New Higher Mortgage Loan Limits to $729750 |
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Contested foreclosures rise, could increase RMBS losses
Financial Times, UK - The trend could impact the performance of subprime-backed bonds, as foreclosures will take longer and be more costly, which could put downward pressure on … TEXT-Bernanke's speech to community bankers Relief for Borrowers Reforming The Mortgage Industry |
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US stocks sharply lower on Fed foreclosure talk
MarketWatch - In Orlando, Federal Reserve Chairman Ben Bernanke spoke about the subprime crisis and climbing foreclosures. "Bernanke did not bring any candy to the forum … Fed Chief: Mortgage Crisis to Continue Bernanke urges 'vigorous response' to housing crunch Bernanke: More mortgage, home woes ahead |
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mortgage modifications rare
San Francisco Chronicle, USA - It found that foreclosure was the most common outcome, while loan modifications are still relatively rare. A previous survey in late summer found similar … Home loan modifications uncommon, report says Study: Lenders' aid elusive Survey: Lenders fall short in aiding at-risk California borrowers |
KARE |
A new front against foreclosure
Pioneer Press, MN - With another rate increase coming in May, she said she won t be able to make her mortgage payments and will face foreclosure. I m not paying my bills, … Foreclosure help may be on the way Foreclosure aid bills move ahead at Capitol Minn. lawmakers aim to avoid foreclosures for those on brink |
New York Times |
Bundled Mortgages and Dubious Fees Complicate Foreclosure Cases
New York Times, United States - Mark Wellman, right, and his lawyer, Roy Huffer, outside Mr. Wellman’s home, which is in foreclosure in Circleville, Ohio. By GRETCHEN MORGENSON When … |
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