Mortgage and Financial News From 2007-8-31 Page 3

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  • Two indicted in San Joaquin Valley mortgage fraud (The Daily Comet)

    STOCKTON, Calif. A federal grand jury indicted two Central Valley residents for allegedly engaging in a subprime mortgage fraud scheme during the recent housing boom.
    2007-08-31 06:07:44

  • Two indicted in San Joaquin Valley mortgage fraud (The Fresno Bee)

    A federal grand jury indicted two Central Valley residents for allegedly engaging in a subprime mortgage fraud scheme during the recent housing boom.
    2007-08-31 06:02:22

  • Bush, Bernanke launch subprime assault

    Reuters - Bush urged lenders to work with homeowners to renegotiate their mortgages to prevent default and called on Congress to approve legislation that would provide mortgage insurance to borrowers through a network of private-sector lenders. "It's very ...
    2007-08-31 10:05:00

  • Wall Street gains on Bush plan

    Reuters - Bush urged lenders to work with homeowners to renegotiate loan terms and called on Congress to approve legislation to modernize the Federal Housing Administration, which provides mortgage insurance to borrowers through private sector lenders. ...
    2007-08-31 06:16:00

  • European stocks end higher

    International Herald Tribune - LONDON : European shares advanced Friday on hopes that possible action on interest rates and mortgage insurance could help limit the damage to the global economy from problems in the U.S. housing sector. The U.K. FTSE-100 rose 1.5 percent to 6,303.30 ...
    2007-08-31 06:23:00

  • Home Buying Made Easier With Online Mortgage Loans

    Best Syndication - Getting a loan from a bank is indeed easy, but there is more to it than returning the money you have borrowed. People that buy a home for the first time and do not have a substantial down payment are subjects to private mortgage insurance. This is ...
    2007-08-31 06:59:00

  • Dollar mixed against major currencies after Bush, Bernanke speeches

    International Herald Tribune - Bush said the Federal Housing Administration, a government agency that provides mortgage insurance to borrowers through lenders in the private sector, would soon launch a program called FHA Secure. The program would allow homeowners who have good ...
    2007-08-31 08:24:00

  • Singapore shares close higher on report US to act to ease mortgage ...

    Forbes - Citing Bush administration officials, the Washington Post (nyse: WPO - news - people ) said Bush will propose later today changes to the Federal Housing Administration mortgage insurance program that would allow more homeowners to ...
    2007-08-31 10:52:00

  • Dollar mixed after Bush, Bernanke speak

    Miami Herald - Bush said the Federal Housing Administration, a government agency that provides mortgage insurance to borrowers through lenders in the private sector, would soon launch a program called FHA Secure. The program would allow homeowners who have good ...
    2007-08-31 08:24:00

  • Bush offers aid to U.S. homeowners

    International Herald Tribune - Administration officials said in advance of Bush's appearance that the goal would be to change its federal mortgage insurance program in a way that would let an additional 80,000 homeowners with spotty credit records sign up, beyond the 160,000 ...
    2007-08-31 07:06:00

  • Bush administration proposes mortgage relief

    Marketwatch - Under the plan, the Federal Housing Administration's mortgage insurance program will be changed to allow more people to refinance with FHA insurance if they fall behind on adjustable-rate mortgages.
    2007-08-31 08:32:00

  • BancorpSouth's insurance arm to acquire Arkansas agency

    MSN MoneyCentral - BXS), a financial holding with approximately $13.2 billion in assets based in Tupelo. BancorpSouth Bank operates 290 commercial banking, mortgage, insurance, trust and broker and dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi ...
    2007-08-31 04:14:00

  • FACTBOX: President Bush's subprime aid package

    Reuters - (Reuters) - President Bush on Friday announced reforms of the Federal Housing Administration aimed at saving troubled subprime borrowers from foreclosure. New guidelines from the government mortgage insurance giant should help 240,000 homeowners win ...
    2007-08-31 07:34:00

  • Bush outlines sub-prime mortgage plan

    News.com.au - He called on Congress to approve legislation he proposed last year to modernise the Federal Housing Administration, which provides mortgage insurance to borrowers through a network of private sector lenders. The FHA will soon launch a new program ...
    2007-08-31 09:58:00

  • Bush to announce mortgage program (Moldova.org)

    President George W. Bush plans to ask the Federal Housing Administration to raise the price ceiling on mortgage insurance, The New York Times said Thursday.The president will announce that and a number of other steps Friday, aimed at helping low-income families hit by the subprime lending crisis, officials told the Times. Other steps would include encouraging banks to hold off on ...
    2007-08-31 03:12:13

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