Mortgage and Financial News From 2010-5-1 Page 01
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Redwood Trust Announces Closing of Prime Residential ... - PR-USA.net (press release)
Redwood Trust, Inc.today announced the closing of a $238 million prime jumbo residential mortgage loan securitization sponsored by its wholly-owned subsidiary, RWT Holdings, Inc. The mortgage loans underlying the securitization were originated during ...
2010-05-01 08:27:00 -
Stock Alert for Fannie Mae Issued by MicroStockProfit - Earthtimes (press release)
Federal National Mortgage Assoc. (Fannie Mae) (FNM), a government-sponsored enterprise, provides liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage loans originated by lenders in the ...
2010-04-30 05:43:00 -
Why Americans Get Ripped Off on Mortgage Loans - Wall Street Journal
You might think that Americans would have learned over the past few years that home mortgages can be dangerous products, to be approached warily, only after careful study and consideration. You would be wrong. Americans spend twice as much time ...
2010-04-29 01:37:00 -
Goldman Hid Mortgage Moves From SEC For Months - Huffington Post (blog)
Goldman Hid Mortgage Moves From SEC For MonthsHuffington Post (blog)CEO Lloyd Blankfein ignored his fidiciary responsibility by fraudulently approving "liars" and other unseemly loans. Then he took this worthless mortgage ...and more »
2010-05-01 06:04:28 -
Bailed-out banks offer lowest rates - Independent
Bailed-out banks offer lowest ratesIndependentThey are covering their backs by offering customers poor mortgage and credit card rates to minimise the risk factor," says Louise Holmes from financial ...and more »
2010-05-01 06:12:20 -
Buffett reassures the faithful - Omaha World-Herald
Buffett reassures the faithfulOmaha World-Herald... banks in a contract based on what turned out to be bad home mortgage loans but didn't disclose the names of the other parties in the contract. ...and more »
2010-05-01 06:28:02 -
More Bonus + Less Lending = The March on Wall Street - Before It's News
More Bonus + Less Lending = The March on Wall StreetBefore It's News(Chart 1) Excluding mortgage refinancings, consumer lending dropped by about one-third between October and February. Commercial lending slumped by about 40% ...and more »
2010-05-01 06:28:11 -
Fabulous Fab shows managers still 'oblivious' to e-mail peril - Seattle Times
Seattle TimesFabulous Fab shows managers still 'oblivious' to e-mail perilSeattle TimesJP Morgan Chase: An internal e-mail chain at JPMorgan Chase that described secret loans called a "prepay" in fall 2001: "Enron loves these deals as they are ...and more »
2010-05-01 07:03:23 -
Indian River County courthouse news: May 2 - Vero Beach Press-Journal (subscription)
Indian River County courthouse news: May 2Vero Beach Press-Journal (subscription)Cay Partners LLC et al Fifth Third Mortgage Co. v. Genowefa Marta Mytych et al Bank of New York Mellon et al v. Dirk Parvus et al Bank of America NA v. ...
2010-05-01 07:51:03 -
In God We Trust - Who Else Will Be Around to Pay Off Our Debt? Part 1 - NewsBlaze
In God We Trust - Who Else Will Be Around to Pay Off Our Debt? Part 1NewsBlazeWhen you buy a house it receives an evaluation (usually the sales price) upon which a mortgage loan is based. If the values of other properties in your ...and more »
2010-05-01 07:59:23 -
Gulf investors set sights on Syria's rapidly growing real estate sector - Saudi Gazette
Gulf investors set sights on Syria's rapidly growing real estate sectorSaudi GazetteProperty developments employ around 15 percent of the national population, and with almost all private banks in the country offering housing loans at longer ...and more »
2010-05-01 08:27:50 -
Especially for green homes, finding comparable sales is difficult - Milwaukee Journal Sentinel
Especially for green homes, finding comparable sales is difficultMilwaukee Journal SentinelTo get the loan, though, they had to boost their down payment by 10%. Their mortgage loan officer, Dave Gehringer, said the Lehmans are great candidates for ...and more »
2010-05-01 08:37:49 -
Strengthened laws, lawsuits seen as tools to get home loans - Dayton Daily News
Strengthened laws, lawsuits seen as tools to get home loansDayton Daily NewsBut, the advocates say, the act does not cover mortgage brokers and other financial lending institutions that issued some of the riskiest, most predatory ...and more »
2010-05-01 09:55:58 -
Can racial disparities in lending be fixed? - Dayton Daily News
Can racial disparities in lending be fixed?Dayton Daily NewsQuayle said the league supports an expansion of the CRA because it currently exempts competing nonbank mortgage lenders. But it opposes the other proposals, ...and more »
2010-05-01 09:55:58 -
Flashpoint: More federal government control not what is needed for financial ... - Terre Haute Tribune Star
Flashpoint: More federal government control not what is needed for financial ...Terre Haute Tribune Star... ensure people get the clear information they need on loans and other financial products from credit card companies, mortgage brokers, banks and others. ...and more »
2010-05-01 10:12:27