Mortgage and Financial News From 2007-9-3 Page 2

RSS Feed

Previous Day: 2007-09-02

Return to the mortgage news archive home.

Page:  01 2

  • Triad `Surprised' Stock Plunged After Tapping Credit (Update2)

    Bloomberg - Aug. 31 (Bloomberg) -- Triad Guaranty Inc., a Winston-Salem, North Carolina-based mortgage insurer, said it's ``surprised'' its shares fell more than 30 percent in two days after it said Aug. 27 it drew down an $80 million credit line. ``Widespread ...
    2007-08-30 05:58:00

  • The End of the Mortgage Party

    CBS News - Some of my contacts in the mortgage broker industry say they have not seen the credit environment this bad in their 20-plus years in the business. With the ending of the mortgage party, the bottom line is this: For many people who would have coasted ...
    2007-08-29 05:59:00

  • Commentary: Dude, Where's My Bailout?

    BusinessWeek - Bad credit? No credit? No problem! Uncle Sam has your back. I don't have a mortgage, much less one that's about to blow up. But I have no shortage of other losses, some of them quite painful, from the many well-considered investments I've made over ...
    2007-09-03 09:49:00

  • Congress talks up mortgage debacle

    AZCentral.com - WASHINGTON - Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your ... not properly evaluating risks of bonds backed by mortgages given to borrowers with weak credit. Numerous measures to penalize mortgage ...
    2007-09-03 07:05:00

  • Bear and Lehman hardest hit by credit crunch

    MSN MoneyCentral - ... income sales and trading, such as Bear Stearns and Lehman Brothers, are likely to take the biggest hits from the credit ... asset-backed securities issuance, Bear also suffered the embarrassing collapse of two of its hedge funds that made bad mortgage ...
    2007-09-03 09:06:00

  • Congress turns its back on home owners (The Pantagraph)

    WASHINGTON, D.C. — Want government help to get out of a bad subprime mortgage? Don’t look for Congress to come to your rescue anytime soon.
    2007-09-03 10:30:05

  • Fed's liquidity injection must go where needed (The Kansas City Star)

    The recent market downturns have been triggered by a credit crunch. The subprime mortgage debt written in the past few years, especially adjustable-rate mortgages, were riskier than the markets had priced into the cost of these products when underwritten, securitized and resold.
    2007-09-03 08:55:07

  • Bush Unveils Modest Mortgage Proposals (CBS News)

    President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
    2007-09-03 02:42:41

  • Lenders holding out in Hall: Mortgage crisis not so bad compared to state, nation (The Gainesville Times)

    Hall County is weathering the current mortgage meltdown better than its neighbors in Georgia and other parts of the nation. That's the message of a mortgage company executive, an attorney and a real estate broker who spoke this week with The Times.
    2007-09-02 05:43:43

  • Congress ponders how to address mortgage crisis (Minneapolis-St. Paul Star Tribune)

    WASHINGTON - Lawmakers have lots of ideas and plans to help people out of bad subprime mortgages -- as well as hearings to share their concerns and assess blame -- but the only thing everyone has agreed on is that something must be done. "We may have as many as 1 million to 3 million people who could lose their homes, not because they lost their jobs, not because the economy collapsed, but ...
    2007-09-03 05:09:57

  • Congressional help unlikely for those with bad mortgages (Southeast Missourian)

    WASHINGTON -- Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your rescue anytime soon. Lawmakers have lots of ideas and plans -- as well as hearings to...
    2007-09-03 10:14:38

  • Mortgage aid won't be fast (El Paso Times)

    Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your rescue anytime soon. Lawmakers have lots of ideas and plans -- as well as hearings to share their concerns and assess blame -- but there's no consensus on how to stop the foreclosures.
    2007-09-03 11:09:04

  • Congress slow on mortgage fix (The Washington Times)

    Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your rescue any time soon.
    2007-09-03 09:38:09

  • Bad mortgage? Don't expect quick rescue (Deseret Morning News)

    Want government help to get out of a bad subprime mortgage? Don't look for Congress to come to your rescue anytime soon.
    2007-09-03 11:26:46

  • Bad Credit and Home Refinance (Benton Evening News)

    (ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
    2007-09-03 03:50:58

Page:  01 2