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Stemming the Tide of Foreclosures
The policies most likely to keep people in their homes could also give a boost to mortgage-backed securities, but current measures look unlikely to generate substantial participation.
Wall Street Journal

How mortgage giant Freddie Mac waged a war of influence that co-opted Congress
WASHINGTON - When the Washington Nationals played their first-ever baseball game in the nation's capital in April 2005, two congressmen who oversaw mortgage giant Freddie Mac had choice seats —...
Big News Network

`Green mortgages` taking root
First came green homes. Now comes a mortgage to match. So-called green mortgages are the latest innovation in the push to promote more energy-efficient houses, whose owners enjoy lower utility costs thanks to solar panels, improved insulation, thermopane windows, and other money-saving products. Also called energy-efficient mortgages, they allow home buyers to qualify for larger loans on the premise that ...
CBC.ca

Homeowners refinance, put savings in piggy banks (AP)
AP - When mortgage rates dropped to the lowest levels in almost a year, Warren Zeger seized the opportunity to slash $720 off his monthly mortgage payment by refinancing his home in Potomac, Md.
yahoo.com

First home buyers flood market
AFG said its Mortgage Index shows that the volume of loans arranged by AFG for first home buyers has increased by 120 per cent in three months. It said that in November it arranged $474 million in ho...
Big News Network

Shifting from high fixed mortgage rates
With interest rates plummeting its inevitable many homeowners stuck on high fixed mortgage rates will want to get out of their contract. But how easy is it to break out of a fixed term mortgage and...
Big News Network

AP IMPACT: How Freddie Mac halted regulatory drive
WASHINGTON (AP) -- When the Washington Nationals played their first-ever baseball game in the nation's capital in April 2005, two congressmen who oversaw mortgage giant Freddie Mac had choice seats - courtesy of the very company they were supposed to be keeping an eye on....
The Arizona Republic

Exec had mortgage racket down to an art
Orson Benn, once a vice president at the nation's largest subprime lender, spent three years during the height of the housing boom tutoring Florida mortgage brokers in the art of fraud.From his office...
Big News Network

The Reckoning: Debt Watchdogs: Tamed or Caught Napping?
Lured by profits during the housing boom, credit-rating agencies overlooked the risk of mortgage debt, critics say.
The New York Times

Mobile home lending standards
Mobile homes built before 1976 aren't considered safe, so mortgage lenders won't come to the table, says the Real Estate Adviser.
Bank Rate

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