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Treasury Dept. urged to drop mortgage rates to 4.5%
In recent weeks, a diverse set of industry groups, from real-estate agents to carpet makers, have called on lawmakers and the incoming administration of President-elect Obama to subsidize lower mortga...
Big News Network

Mortgage rates fall and fuel another refinancing boom
The housing market may finally be getting some much-needed relief, with lower mortgage rates already encouraging refinancing and government officials considering ways to entice new buyers. The Federa...
Big News Network

Investor Alert: KGS Announces the Initial Filing of Securities Fraud Class Action Lawsuit Against Federal Agriculture Mortgage Corp. (``Farmer Mac``) -- AGM (GlobeNewswire)
NEW ORLEANS, Dec. 5, 2008 -- Kahn Gauthier Swick, LLC has filed a class action lawsuit against Federal Agriculture Mortgage Corp. in the United States District Court for the District of Columbia, on behalf of purchasers of the securities of the Company between March 15, 2007 and September 12, 2008, inclusive .
yahoo.com

Treasury`s Plan for Mortgage Rates Could Be Costly
Critics say the plan to lower mortgage rates could cost $25 billion a year, or more
Time

Mortgage Troubles Rise to Record Level
Despite government and industry efforts, the number of homeowners falling behind on their mortgages or already in foreclosure climbed during the third quarter and is poised to accelerate as the country's recession deepens, according to industry data released yesterday.
washingtonpost.com

Ten percent of homeowners facing mortgage woes
The latest look at home foreclosure rates paints a bleak picture: As of the end of September, a record one in 10 American homeowners with a mortgage were either at least a month behind on their paymen...
Big News Network

U.S. Treasury considering mortgage rate plan
WASHINGTON -- The head of the government’s financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to hel...
Big News Network

Mortgages: Getting Unfiltered Rate Quotes
A new service, on TrueCredit.com, aims to help tilt the balance in favor of borrowers.
New York Times

1 in 10 of homeowners facing mortgage woes
The latest look at home foreclosure rates paints a bleak picture: As of the end of September, a record one in 10 American homeowners with a mortgage were either at least a month behind on their paymen...
Big News Network

Job losses mount as economic picture worsens (AP)
AP - Record numbers of homeowners are falling behind on mortgage payments and the U.S. economy is losing jobs at an alarming rate with companies big and small slashing their work force.
yahoo.com

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Archived "business - countrywide mortgage" news stories.

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