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Brown has `learnt nothing` from crisis
Gordon Brown has been accused of having 'learnt nothing' from the economic crisis after he defended unorthodox mortgage loans worth 125 per cent of the value of a home
FT.com

Virus would have crippled mortgage giant
MARYLAND - A fired Fannie Mae contract worker pleaded not guilty last Friday to charges he planted a virus designed to destroy all the data on the mortgage giant's 4,000 computer servers in the Un...
Big News Network

Mortgage crisis spreads to more affluent areas of Silicon Valley
In almost every neighborhood in Santa Clara County, homeowners are increasingly falling behind on their mortgage payments — even in areas that were relatively untouched by the foreclosure crisis as recently as late 2007. Database: See deliquency rates for every Bay Area ZIP code More real estate news
Mercury News

GOP proposes government-backed 4 percent mortgages, lower income taxes
WASHINGTON -- Republicans will push to lower mortgage rates to 4 percent and cut the lowest tax rates when the Senate begins consideration of its economic stimulus plan Monday, Senate Minority Leader...
Big News Network

Bollywood promoter in US jailed for mortgage scam
An Indian-american mortgage broker and Bollywood film promoter has been sentenced to seven years in prison for defrauding banks of $33 million and cheating fellow Indian immigrants with phony home loans.
Big News Network

Ginnie Mae Funds Offer Investors a Safe Harbor
BOSTON -- Home foreclosures and market volatility are running high. So any investment even remotely connected to mortgages is the last place to look if you're trying to protect your retirement savings, right?
Washington Post

Lenders cite squeeze on savers as they seek to limit mortgage cuts
Mortgage lenders are moving to dampen hopes that the cut in the Bank of England base rate expected this week will lead at once to lower borrowing costs.
The Independent

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Archived "business - countrywide mortgage" news stories.

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