Mortgage and Financial News From 2009-12-24 Page 01

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• The worst ideas of the decade - Santa Rosa Press Democrat

  The modern BlackBerry, which dates to 2002 (a two-way pager by the same name came to market in 1999), has evolved into something ... At first, home values seemed reasonable when compared with a family's income or with rental prices. But the more ...
  2009-12-24 07:45:00

• Treasury lifts limits on Fannie, Freddie aid - San Francisco Chronicle

  ... mortgage ... payments next year and another $2 million if they meet certain performance goals, according to filings with the Securities and Exchange Commission. The pay packages were approved by the Treasury Department and the Federal Housing
  2009-12-24 08:00:00

• County program aids new home buyers - St. Louis Post-Dispatch

  Michelle Price was attending college and despite working two jobs was unable to put together enough money to buy a house for herself and her daughter. That was before she participated in a program run by St. Louis County that gave her a $3,000 down ...
  2009-12-24 09:33:00

• Treasury removes cap for Fannie and Freddie aid - YAHOO!

  NEW YORK – The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. The Treasury Department said Thursday it removed the $400 billion financial cap on the money it will provide to keep the companies afloat ...
  2009-12-24 10:30:00

• Ritter promotes bill to fill empty houses - The Colorado Statesman

  The Colorado StatesmanRitter promotes bill to fill empty housesThe Colorado StatesmanHe said he got a call from a constituent who said she was working very hard to pay her mortgage and maintain her home, but she lives across the street from ...
  2009-12-24 04:54:14

• Chan Ho Park sues ex-Dodger battery mate, claiming $460000 loan hasn't been ... - Gaea Times (blog)

  Chan Ho Park sues ex-Dodger battery mate, claiming $460000 loan hasn't been ...Gaea Times (blog)The lender, Art Capital Group, sued the 59-year-old Leibovitz in July, claiming she breached an agreement that authorized it to act as the agent in the sale ...and more »
  2009-12-24 05:08:40

• Top 12 Business Stories for 2009 - Connecticut Post

  Top 12 Business Stories for 2009Connecticut PostAs home to some of the world's largest and richest companies, southwestern Connecticut has often been ground zero to business stories ...and more »
  2009-12-24 06:08:41

• WEEKLY :: Business Times - Rwanda New Times

  Banks call for more changes in the mortgage bill Mortgage lenders have taken a firm stand against the new mortgage bill that is currently before parliament, demanding for additional amendments to allow them facilitate the development of the budding ...
  2009-12-24 04:32:00

• Federal Housing Finance Agency Reports Mortgage Interest Rates - RealEstateRama

  Federal Housing Finance Agency Reports Mortgage Interest RatesRealEstateRamaThe National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, ...
  2009-12-24 02:53:06

• Taiwan Central Bank Keeps Key Interest Rate at Record-Low 1.25% - BusinessWeek

  Taiwan Central Bank Keeps Key Interest Rate at Record-Low 1.25%BusinessWeek... to curb excessive property-market movements after Perng last week repeated a call for lenders to monitor risks of deteriorating mortgage-loan quality. ...and more »
  2009-12-24 03:42:56

• In re: Marcus Lee Associates, LP - Leagle, Inc.

  In re: Marcus Lee Associates, LPLeagle, Inc.Postpetition loans are governed by section 364 of the Code and involve only voluntary actions by lenders. See In re Sun Runner Marine, Inc., 945 F.2d 1089 ...
  2009-12-24 04:21:02

• Global Agenda: How's your house - Jerusalem Post

  Global Agenda: How's your houseJerusalem Post(Over the past two months the Mortgage Bank Association's Purchase Applications Index has fallen to new lows for the current crisis and is at its lowest ...
  2009-12-24 04:36:40

• CRL Urges Fed to Ban Mortgage Kickbacks that Cost Homeowners Billions - RealEstateRama

  CRL Urges Fed to Ban Mortgage Kickbacks that Cost Homeowners BillionsRealEstateRamaIf finalized as proposed, the kickback ban would apply to mortgage brokers, loan officers, and any party that originates mortgages for lenders who fund the ...
  2009-12-24 06:09:57

• Mortgage market `on the up` - Think Money

  Mortgage market `on the up`Think Money"The real barrier to increased mortgage lending over the last couple of years has been on the supply side, as lenders have been extremely reluctant to open ...and more »
  2009-12-24 06:18:44

• WHAT ICEBERG? JUST GLIDE TO THE NEXT BOARDROOM - El Paso Inc

  WHAT ICEBERG? JUST GLIDE TO THE NEXT BOARDROOMEl Paso IncWhether you are talking about top executives loading up on leverage, regulators who slept while companies took on titanic risks or mortgage lenders that ...
  2009-12-24 08:11:55

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