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Mortgage Market Guide - 01/06/09
A whole slew of economic data has started to be released and will continue to come out the rest of the week. As expected the news is...
Throw the lender and appraiser in jail !
A must see video produced by the Wall Street Journal. This home was an obvious case of fraud but still passed the quality control...
Countrywide and Bank of America Still Skirting Standards...
Countrywide, the second mortgage division of Bank of America's mortgage business inconjunction with Bank of America's own in-house...
Changes in Appraisals Starting May 1, 2009
Freddie Mac and Fannie Mae, starting May 1, 2009, will start implementing a change in the way appraisals must...
HUD Homes for $100 - NO JOKE
$100 down payment HUD Home Program *** For a limited time ***: HUD is allowing home buyers to buy HUD homes with a...
SEO rolling out geocoding.. u need to blog about local...
Breaking News - Mortgage Interest Rates Expected to Fall...
On Tuesday, Dec 30 th , the Federal Reserve announced that it will begin purchasing mortgage-backed securities (MBS) in early...
Fed to Start Buying Mortgage Backed Securities in January
We have finally received the news the mortgage market has been waiting for. The Fed is going to start purchasing MBS's from Fannie,...
Do Minorities pay more in mortgage fees?
Consumer advocates and the press often bring to light the unfair tactics of certain mortgage professionals toward minority groups....
Blog About Your Market
When we get busy with our day to day its easy to forget about all the wonderful new people that are moving to this Great State of...
Mortgage News
Business highlights
The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. RSS news feeds and Widgets on Feedzilla.com
Mortgage rationing gets tougher
Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers. News widgets and RSS feeds on Feedzilla.com
Fannie says IndyMac has $1 bln in mortgage obligations: report (Reuters)
Fannie Mae , the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people familiar with the situation. RSS feeds and News widgets on Feedzilla.com
Mortgage rates hit fresh 37-year low
Rates on mortgage loans are the lowest in the 37-year history of the Freddie Mac Primary Mortgage Market Survey, according to a weekly report released Wednesday. RSS feeds and News widgets on Feedzilla.com
HUD Chief Calls Aid on Mortgages A Failure
Secretary of Housing and Urban Development Steve Preston said the centerpiece of the federal government's effort to help struggling homeowners has been a failure and he's blaming Congress. RSS feeds and News widgets on Feedzilla.com
Ecomomic news drowns out geopolitics in oil market
Oil prices fell today as consumer confidence in the U.S. hit an all-time low in December and home prices dropped sharply, with few signs that the real estate market has hit bottom. News widgets and RSS feeds on Feedzilla.com
Nationwide ends tracker rate cuts
The Nationwide says it will not pass on any further cuts in UK interest rates to most of its tracker mortgage customers RSS news feeds and Widgets on Feedzilla.com
GE's finance arm launches $10 billion FDIC-backed debt (Reuters)
General Electric Co's finance arm on Monday launched a $10 billion sale of FDIC-backed debt, the largest sale under the government guarantee program since its inception last November. News widgets and RSS feeds on Feedzilla.com
Weak Bond Market Stunts Hospital Construction
When nonprofit hospitals need money to modernize their emergency rooms or build a new wing, they go to the bond market. For five weeks in September and October, the hospital bond market essentially shut down, poisoned by the mortgage crisis. Meanwhile, hospitals have had to scale back construction plans. News widgets and RSS feeds on Feedzilla.com
Gov't projects $6.5M in bailout costs through Jan.
The government estimated Tuesday that it will spend $6.5 million by the end of January in salaries and other administrative costs for the $700 billion financial rescue program. The Treasury Department estimate was part of the latest update it's required to... RSS feeds and News widgets on Feedzilla.com
Oil gives up early gains on more bad economic news
Oil prices gave up early gains Tuesday as fresh signs of a deepening U.S. recession trumped tensions in the Middle East and worries over natural gas shortages in Europe. Light, sweet crude for February delivery rose 6 cents to $48.87 a barrel in trading on... RSS news feeds and Widgets on Feedzilla.com


