By STEPHEN MAJORS Associated Press Writer
Nine mortgage lenders who hold about 55 percent of Ohio's subprime home loans agreed Monday to abide by policies designed to help struggling homeowners avoid foreclosure.
The agreement is a result ...
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foreclosures, Mortgage News April 8th, 2008
WASHINGTON -- A far-reaching proposal to revamp the nation's financial regulatory apparatus was called ambitious, bold and thoughtful yesterday by Ohio lawmakers and analysts.
But they also agreed the Bush administration plan is simply a good ...
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Contact: Ryan Loskarn, Communications Director Jill Bader, Press Secretary 202-224-2764
Alexander Calls for Legislation to Help Homeowners, Warns Democrats Not to Turn Mortgages Into Junk Bonds
Says Democratic Proposal Would Lead to Higher Monthly Mortgage Payments for ...
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WASHINGTON, D.C.--(BUSINESS WIRE)--Hispanic, Asian and African American real estate professionals believe that new lending policies have unintended consequences for vulnerable minority and low- to moderate-income families, according to a survey of 1135 combined members of ...
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Kent and Mysti Cope were well-paid executives at subprime lenders who never thought the industry could disappear overnight. Now they're just trying to get by.
SAN CLEMENTE, Calif. (CNNMoney.com) -- Kent and Mysti Cope met and ...
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NOBODY wins when a home enters foreclosure — neither the borrower, who is evicted, nor the lender, who takes a loss when the home is resold. That’s the conventional wisdom, anyway.
The reality is very different. ...
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LOS ANGELES – Darren Hendon worked in the mortgage business for years. He sold many home buyers on adjustable-rate loans with low-interest “teaser” rates that rocket higher, typically after two years.
He was laid off last ...
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LACEY — Thurston County foreclosure notices have increased more than 50 percent in the first quarter of 2008 compared with the same period last year, prompting one real estate agent to begin offering tours of ...
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WATERBURY, Mar 30, 2008 (The Hartford Courant - McClatchy-Tribune Information Services via COMTEX) -- -- -- Like a lot of people in the room Saturday, Russ is in a bind that has do with his ...
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A huge pyramid of debt was made possible by thirty years of relentless deregulation of financial markets.
For more than a decade, we Americans have been living on an economic San Andreas fault -- a foundation ...
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