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Freddie Mac's loss narrows, eschews federal aid |
08-10-09 |
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| WASHINGTON (AP) — Freddie Mac escaped the second fiscal quarter without asking the government for any new financial aid, but still expects to need more federal help in the future.
The govern... |
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Fannie Mae seeks $10.7B in US aid after 2Q loss |
08-10-09 |
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| WASHINGTON (AP) — Fannie Mae plans to tap $11 billion in new government aid after posting another massive quarterly loss as the taxpayer bill from the housing market bust keeps growing.
The ... |
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Beazer Homes sharply narrows its 3Q loss |
08-10-09 |
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| Beazer Homes USA Inc. said Thursday it cut its fiscal third-quarter loss sharply, largely because of a gain from a reduction in its debt load, and the homebuilder noted new home order trends showed... |
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Mortgage rates dip this week |
08-06-09 |
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| McLEAN, Va. (AP) — Rates on 30-year mortgages dipped this week after economic reports came in better than expected, Freddie Mac said Thursday.
The average rate on a 30-year fixed rate mortga... |
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FHFA names interim replacement for Lockhart |
08-06-09 |
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| WASHINGTON (AP) — The federal agency that regulates Fannie Mae and Freddie Mac named Thursday an interim replacement for its director, who is stepping down at the end of the month.
Edward De... |
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Lawsuit links NJ borrower and SoCal consultant |
08-06-09 |
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| When Lisandra Laboy's property title research work dried up last fall and she couldn't afford the $2,200 monthly mortgage on her New Jersey home, she called for help from a California company that ... |
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Housing agency chief Lockhart to step down |
08-06-09 |
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| WASHINGTON (AP) — The head of the federal agency that regulates mortgage finance companies Fannie Mae and Freddie Mac is planning to step down by the end of the month.
A replacement hasn't b... |
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Florida mortgage lender stops funding loans |
08-06-09 |
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| OCALA, Fla. (AP) — One of the nation's largest wholesale mortgage lenders stopped funding mortgages Wednesday, a day after federal authorities barred it from making loans insured by the Feder... |
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Summary box: Servicers facing hundreds of lawsuits |
08-06-09 |
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| WHO'S ACCUSED OF WHAT? Loan servicers are middlemen who collect mortgage payments from homeowners and pass them to banks and other investors. An Associated Press investigation found thousands of la... |
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Drenched Ky. residents dry out after heavy rains |
08-06-09 |
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| LOUISVILLE, Ky. (AP) — Water-weary Louisville plunged into cleanup mode Wednesday after massive flash flooding seeped into homes, cars and even the popular Kentucky Derby Museum, where part o... |
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