Mortgage aid falls short, Bush admin official says (2:19 p.m.)Wednesday, November 19, 2008 @ 6:11PM WASHINGTON (AP) — Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged today.
U.S. tries new tack on mortgage programWednesday, November 19, 2008 @ 4:04PM The Bush administration said Wednesday that it was changing its nearly-moribund mortgage rescue plan in an effort to spark more lenders and homeowners to participate.
What to do when your credit line is yankedWednesday, November 19, 2008 @ 2:32AMDuring periods of tight business credit, lenders are more likely to call a note payable on demand or even find borrowers in default for minor technicalities. Business borrowers should have a backup plan ready in the event a bank pulls their line of credit....
(AFX UK Focus) 2008-11-18 15:02 Glance-STOCKS NEWS EUROPE-Johnston Press down; Teathers cuts forecastTuesday, November 18, 2008 @ 9:23AMSTOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News
Reverse Mortgage Rules Change to Allow Senior Citizens to Buy a New HomeFriday, November 14, 2008 @ 1:25PMNov. 14, 2008 - Starting January 1, 2009, FHA will begin to insure reverse mortgage loans for purchases. What does this mean? Senior borrowers age 62 and over can now purchase a home using a reverse mortgage rather than a traditional forward mortgage.
7 Ways for Obama to Save the Housing MarketFriday, November 14, 2008 @ 9:09AMEconomists have dreamed up all sorts of pricey ways for Uncle Sam to aid homeowners.
"REAP" the Benefits of Equity Sharing -- Buy, Sell and Profit from Previously Unsalable HomesFriday, November 14, 2008 @ 1:01AM Real estate agents, mortgage brokers, home sellers and home buyers can now stimulate new sales activity in a sluggish housing market.
Text of Paulson remarks on TARPWednesday, November 12, 2008 @ 9:49AMHere is the prepared text of remarks by Treasury Secretary Henry Paulson on Wednesday about the financial rescue package.
Text of Paulson remarks on TARPWednesday, November 12, 2008 @ 9:49AMHere is the prepared text of remarks by Treasury Secretary Henry Paulson on Wednesday about the financial rescue package.