Saturday, March 17, 2007

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It's Time to Take Another Look at FHA Loans - Lakeland Ledger

Sat, 17 Mar 2007 12:55:44 GMT


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It's Time to Take Another Look at FHA Loans
Lakeland Ledger, FL - 8 hours ago
With the subprime mortgage industry in virtual free fall where do home buyers with less than perfect credit turn for financing? ...
Sen. Clinton calls for subprime mortgage action Reuters
Lawmakers Aim to Curb Loan Abuses Tuscaloosa News (subscription)
Fix sought for subprime mortgage market Buffalo News
Portsmouth Herald News - Daily Breeze
all 162 news articles


Up to 300 lose their jobs at area mortgage company - Sacramento Bee

Fri, 16 Mar 2007 07:15:04 GMT

Up to 300 lose their jobs at area mortgage company
Sacramento Bee, CA - Mar 16, 2007
In another indicator of the turbulence buffeting the subprime mortgage industry, as many as 300 Sacramento-area Ameriquest Mortgage Co. employees were ...
ACH cutting jobs at Ameriquest, Argent Mortgage Inman.com (subscription)
Ameriquest layoffs generate online chatter OCRegister
Argent Mortgage lays off hundreds in White Plains White Plains Journal News
St. Louis Post-Dispatch
all 154 news articles


Record foreclosures hit mortgage lenders

17 Mar 07 07:36:00 UTC
USA Today - The reason many mortgage lenders are in trouble became alarmingly clear Tuesday. The Mortgage Bankers Association said more than 2.1 million Americans with a home loan missed at least one payment at the end of last year — and the rate of new ...

Mortgage Trouble Clouds Homeownership Dream

17 Mar 07 17:16:00 UTC
New York Times - Perhaps the American dream of homeownership is not for everyone. Adam and Sunny Gardner bought a house in Nevada two years ago. They would like to move, but with prices falling, they probably can’t. That may sound at odds with a bedrock notion of ...

A Timely Turnaround With a Reverse Mortgage (Washington Post)

Sat, 17 Mar 2007 15:12:56 GMT
Before getting a reverse mortgage, Frances Tolson's financial life was a struggle.

Capstead Mortgage Declares Dividend (AP via Yahoo! Finance)

Fri, 16 Mar 2007 23:19:52 GMT
Capstead Mortgage Corp., a real estate investment trust, on Friday said it will pay a quarterly dividend of 2 cents per share, payable on April 20 to shareholders of record as of March 30.

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