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OC Coastal Properties Real Estate News >> MORTGAGE INDUSTRY September 05, 2008 members login here
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>>  MORTGAGE INDUSTRY
McBride to cut jobs as costs bite
Whitby Gazette - 5 Hours ago
Private label household goods firm McBride is closing its Coventry base and scaling back its Warrington presence as it seeks to save �£1m a year in overhead costs. The company, which makes products
McBride blames job cuts on supermarket demands Telegraph
GMAC to Shrink ResCap Business Wall Street Journal Online
all 33 news articles >>      Add Comment

Reality Q&A: Easy FHA purchase rehab
MarketWatch - 5 Hours ago
Answer: Two ways. First, look for a large, national lender which makes FHA-insured mortgages. Wells Fargo, Countrywide, National City and others do a huge business in government-backed financing and should
How to get a no-hassle FHA purchase-rehab mortgage MENAFN
Realty Q&A: How to get a no-hassle FHA purchase-rehab mortgage MarketWatch
all 2 news articles >>      Add Comment

Gross: U.S. Must Save Mortgage Holders
MoneyNews.com - 4 Hours ago
Housing advocates protest in Boston, Massachusetts. In that state alone, more than 30,000 renters face eviction because of a coming wave of foreclosures as mortgages reset to much higher interest rates.
Gross: U.S. Must Save Mortgage Holders or Face Disaster NewsMax.com
all 1 news articles >>      Add Comment

HOUSE prices fell at a record rate in August, wiping off around 105 in value every
The Sun - 5 Hours ago
Britains biggest mortgage lender said a typical UK house cost 1.8 per cent less. The fall brings the average price down to 174,178 a level last seen in February 2006. It means 3,243 was wiped off in August,
House prices fall at record rate Virgin Media
UK house prices fall at record rate Builder & Engineer
all 23 news articles >>      Add Comment

Mortgages Fall Further
Wall Street Journal Online - 4 Hours ago
WASHINGTON -- Home mortgage rates moved lower this week after indications that consumer spending could
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Scottish house prices will continue to fall
The Scotsman - 6 Hours ago
ANALYSTS yesterday sent out fresh warnings to homeowners in Scotland to brace themselves for a further drop in prices. UK homes lost nearly 13 per cent of their value during the past year as prices continued
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30-year mortgages dip slightly to 6.35 percent
Town Hall - 4 Hours ago
Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July.Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to
30-year mortgages in the United States dip slightly to 6.35 per cent Sympatico MSN Finance
30-year mortgages dip slightly to 6.35% USA Today
all 4 news articles >>      Add Comment

GMAC slashing work force, reduces mortgage lending
Fresno Bee - 91 Minutes ago
Lender GMAC Financial Services said Wednesday it will close all of its 200 retail offices and lay off about 5,000 employees as part of plan to reduce its mortgage lending and servicing because of the
- GMAC to slash workforce, reduce mortgage lending Newsday
GMAC to slash workforce, reduce mortgage lending Newsday
all 11 news articles >>      Add Comment

Fannie Mae and Freddie Mac: Avoiding the Next Big Mistake
Heritage Foundation - 4 Hours ago
The biggest mistake that Congress and the next president could make about Fannie Mae and Freddie Mac is to leave them alone or let them get away with only minor changes. While both again seem temporarily
Saving Freddie Mac and Fannie Mae Financial Standard
Caution on Fannie Mae and Freddie Mac Washington Post
all 2 news articles >>      Add Comment

Freddie Mac Extends Mortgage Relief to Borrowers Affected by Gustav
DSNews.com - 5 Hours ago
In a press statement yesterday, Freddie Mac reminded its servicers of the disaster relief options available to borrowers with Freddie Mac-owned mortgages, who were affected by Hurricane Gustav .Ingrid
Mac Extends Mortgage Relief to Borrowers Affected by Gustav DSNews.com
Freddie Mac Extends Mortgage Relief to Borrowers Affected by Hurricane Gustav KRON4
all 6 news articles >>      Add Comment

British Pound Collapse Continues As House Prices Plunge 10.9%, BOE Leaves Rates
Daily FX - 4 Hours ago
Sep 03 - British Pound Awaits BOE Rate Decision -Ã?â?¬Ã?â?? Will They Consider Cutting Rates? Sep 02 - GBP Could Bottom at Forex Futures Sentiment Extreme Sep 01 - British Pound Tumbles 200 Points to
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Abbey slashes mortgage rates
Virgin Media - 5 Hours ago
Abbey has become the latest lender to slash its mortgage rates as competition continued to return to the market. The group is cutting rates on its two, three and five-year fixed-rate loans by up to 0.3%.
Navy Federal Slashes Mortgage Rates Montana's News Station
Abbey makes further reductions to mortgage rates Easier
all 2 news articles >>      Add Comment

ANZ lowers variable mortgage rates
Datamonitor - 4 Hours ago
ANZ has announced that it will lower interest rates for variable rate mortgages by 0.25% pa, following the Reserve Bank of Australia's decision to reduce the official cash rate.Effective September 8,
Variable-rate mortgages may save in long run London Free Press
all 1 news articles >>      Add Comment

Abbey to reduce mortgage rates
Datamonitor - 4 Hours ago
Abbey, a subsidiary of Banco Santander, has announced that it is reducing the rate on its two-, three- and five-year fixed rate mortgages by up to 0.30%, effective September 5, 2008.Among the rates changing
Halifax reduces mortgage rates Banking Business Review
all 1 news articles >>      Add Comment

Müller launches limited edition Lemon & Passionfruit
Fresh Plaza - 6 Hours ago
Müller UK has selected Lemon & Passionfruit to spearhead a series of Limited Edition launches which will be bringing a new dimension to the existing portfolio of 16 popular Müllerlight flavours
Windsmoor to launch limited edition line and promotional campaign for 75th anniversary WGSN
Kensington launches limited edition mortgage range IFAonline.co.uk
all 2 news articles >>      Add Comment

Home Federal to sell mortgage servicing portfolio.
SNL Securities - 5 Hours ago
Home Federal Bancorp Nampa, Idaho-based Home Federal Bancorp Inc. unit Home Federal Bank agreed to sell its one-to-four family residential loan investor servicing portfolio to EverBank on Aug. 28, according
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Mortgage rates dip for third straight week
MSNBC - 7 Hours ago
WASHINGTON - Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July.Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages
30-Year Mortgage Rates Dip to 6.35% Time
all 1 news articles >>      Add Comment

Fitch Rates Florida HFC's $100MM Mortgage Revenue Bonds 'AA+'
Forbes.com - 11 Hours ago
Fitch Ratings has assigned an 'AA+' rating to Florida Housing Finance Corporation's (FHFC) $100 million homeowner mortgage revenue bonds, 2008 series 3. The bonds are expected to be sold through negotiation
Fitch Rates Jacksonville, Florida's $54.5MM Special Revs 'AA-' Macro World Investor
all 1 news articles >>      Add Comment

UK house prices fall 11% in August
The Age - 7 Hours ago
House prices in Britain fell by 10.9 per cent in August compared with the corresponding month a year earlier, the biggest drop in 25 years, home loan provider Halifax said in its monthly report. Halifax,
Halifax report further house price falls Wales Online
House prices fall further in August Yahoo! UK and Ireland
all 5 news articles >>      Add Comment

Last Call: Merrill Lynch falls with financials
Forbes.com - 10 Hours ago
Shares of Merrill Lynch & Co. were among the hardest hit stocks in the financial sector Thursday as investors worried about the amount of bad debt that might still be on the books of financial companies.
Lehman Brothers is among biggest decliners in financials; investors fret over mortgage Canadian Business Magazine
Merrill Lynch is among biggest declining financial stocks amid broad market selloff Canadian Business Magazine
all 2 news articles >>      Add Comment

U.S. mortgage rates fell on Thursday - BestInfo
Reuters - 10 Hours ago
NEW YORK, Sept 4 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points fell 1/8 of a percentage point on Thursday to 6-1/4 percent, according to BestInfo Inc. If the mortgage
U.S. 30-year mortgage rates fall in latest week Forbes.com
Mortgage rates drop slightly in week UPI
all 13 news articles >>      Add Comment

Tempting first-time buyers
Telegraph - 11 Hours ago
Homebuyers must decide whether to take advantage of the temporary increase in the Stamp Duty threshold to 175,000, announced by the Government this week, or wait and see if prices fall further. Here and
First-time buyers to be tempted back into property Telegraph
all 1 news articles >>      Add Comment

Zacks Industry Rank Analysis Highlights: Capital One, Fannie Mae, Lehman Brothers,
Forbes.com - 14 Hours ago
Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis includes Capital One (NYSE: COF), Fannie Mae (NYSE: FNM), Lehman Brothers (NYSE: LEH), Pulte Homes (NYSE: PHM)
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Score Optimization System Delivers Melanie Hadley & Cornerstone Mortgage More FHA
Forbes.com - 17 Hours ago
i3 Solutions today announced that Melanie Hadley was able to close what was once an impossible FHA mortgage loan by utilizing i3 Solutions' latest technology, S.O.S. - Score Optimization System, which
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Mortgage lenders pencil in another big freeze
Guardian Unlimited - 17 Hours ago
Britain's banks are counting the days until October 20, one of the most important dates in their calendar this year, when the 's emergency lending scheme is due to close. The special liquidity scheme
Mortgage lenders braced for October 20 as they pencil in another big freeze Guardian Unlimited
all 1 news articles >>      Add Comment

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