| The Mortgage Crisis,
Subprime Lending and Foreclosures in the News |
| Mortgage Crisis |
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SEA ISLAND, Ga. (Reuters) - Federal Reserve Bank of Atlanta President Dennis Lockhart said Monday that financial market conditions remained fragile amid a crisis of confidence triggered by the subprime mortgage crisis. "As we begin this year's ...
Publ.Date : Tue, 13 May 2008 00:19:00 GMT
St. Paul Council Member Dan Bostrom and U.S. Rep. Betty McCollum took a tour of foreclosed homes on Sims Avenue, near Payne Avenue. After the tour, the group had a working lunch at the Phalen rec center. East St. Paul teen knows firsthand. She's ...
Publ.Date : Tue, 13 May 2008 05:20:00 GMT
BANK investors have had a hard time in recent months ¿ but today, St George investors will be celebrating Westpac's merger offer which has handed them a windfall. But for consumers, banking may become even more painful. St George has been hit the ...
Publ.Date : Tue, 13 May 2008 03:39:00 GMT
Investors are increasingly throwing in the towel on Southern California-based savings-and-loan mortgage lenders IndyMac Bancorp, FirstFed Financial Corp. and Downey Financial Corp. Defaults keep climbing on the nontraditional mortgages made by the ...
Publ.Date : Tue, 13 May 2008 06:53:00 GMT
Sen. Christopher Dodd (D) drafted his own bill to aid homeowners. (Bob Child - AP) Hope dimmed yesterday that Congress would act quickly to rescue homeowners at risk of foreclosure after key Republican and Democratic negotiators in the Senate said ...
Publ.Date : Tue, 13 May 2008 04:37:00 GMT
As school districts look to save, athletic programs lose out Nation's mortgage crisis is taking a toll on the kids, too Twins take it to the champs Police say attack on Burnsville man was random Oak Grove hires investigator over alleged delays in ...
Publ.Date : Tue, 13 May 2008 04:15:00 GMT
For those of us trying to get a grip on the issues shaking the economy, these sites explain some of the wide-ranging effects of the mortgage meltdown and give some direction for borrowers. McSlum. This sobering article from the Atlantic Monthly in ...
Publ.Date : Sun, 11 May 2008 12:03:00 GMT
STAMFORD - Officials at private universities worry that stricter lending practices amid the subprime mortgage crisis will prevent students from attending next fall. Steven Kaplan, president of the University of New Haven, said the credit crunch is ...
Publ.Date : Tue, 13 May 2008 06:53:00 GMT
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| Subprime Lending |
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The State Senate Committee on Banks heard Monday from lenders and from people facing foreclosure due to subprime loans. A state Senate committee takes up the foreclosure crisis in New York State - as Governor Paterson offers up his ideas to solve the ...
Publ.Date : Mon, 12 May 2008 20:44:00 GMT
ALBANY, N.Y. (AP) - The state Senate Banks Committee is scheduled to take up the subprime lending crisis at a hearing today in Albany. Last week, the Assembly passed legislation to impose a one-year delay on foreclosures when New York homeowners ...
Publ.Date : Mon, 12 May 2008 16:26:00 GMT
(Albany, N.Y.) AP -- The state Senate Banks Committee is scheduled to take up the subprime lending crisis at a hearing today in Albany. Last week, the Assembly passed legislation to impose a one-year delay on foreclosures when New York homeowners ...
Publ.Date : Mon, 12 May 2008 11:26:00 GMT
You probably thought nothing-down mortgage loans disappeared in the wake of the American subprime lending crisis, which has ensarled much of the world in a credit crunch. They didn't. Even more surprising, many Americans can still buy homes with ...
Publ.Date : Mon, 12 May 2008 18:14:00 GMT
CLEVELAND — About half of the city’s subprime mortgage loans written by top lenders in 2005 ended in foreclosure filings, leading to Cleveland having one of the highest foreclosure rates in the nation, The Plain Dealer reported Sunday. Subprime ...
Publ.Date : Mon, 12 May 2008 05:21:00 GMT
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| Home Foreclosures |
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High school senior Amber Vickerman has never eaten lunch with a member of Congress. But on Monday, she sat next to U.S. Rep. Betty McCollum, D-Minn., and told her that losing your home is really tough on a kid. The teen said she'll pack up her ...
Publ.Date : Mon, 12 May 2008 00:56:00 GMT
There has been a drastic increase in home foreclosures in...of all places....the Hamptons, Long Island. This posh enclave is home to some of the country's wealthiest citizens. But as the New York Post reveals , homeowners in the some of the toniest ...
Publ.Date : Mon, 12 May 2008 15:36:00 GMT
It appears Brown County may be catching up to other parts of the nation hit hard by home foreclosures. In the past month, the number of foreclosures doubled. To aid in the foreclosure crisis, the U.S. House of Representatives recently passed two ...
Publ.Date : Sun, 11 May 2008 00:57:00 GMT
MESOPOTAMIA, Ohio : In a quiet gas-lit farmhouse, two girls in bonnets and long blue dresses wind tape around expired bottles of Newman's Own salad dressing, and wipe dust off dented cans of vegetables and crumpled boxes of Butterfinger candy bars ...
Publ.Date : Tue, 13 May 2008 00:12:00 GMT
In the spring of 2006 home sellers and buyers in some major U.S. markets started to notice something that hadn't occurred in more than a decade: housing prices were going down. The loss in home values was accompanied by an upsurge in foreclosures ...
Publ.Date : Sun, 11 May 2008 05:08:00 GMT
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