Mortgage rates rock
Santa Fe mortgage brokers and bankers are experiencing a rush of mortgage applications as borrowers react to lower rates by refinancing mortgages and, to a lesser degree, buying new homes.
Read more News Source - Santa Fe New Mexican
Publish date - 06:15:09 01/06/09

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Reverse mortgage loan: what is it all about?
Any individual, above 60 years of age or any married couple with either husband or wife above 60 years of age, who are citizens of India, will be eligible senior citizens. Where does a senior citizen go for such a ...
Read more News Source - The Hindu
Publish date - 20:02:19 01/04/09

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Council to Consider Mortgage Lender Lawsuit
The Memphis City Council today in its executive session will discuss a resolution approving the city of Memphis’ involvement in a joint city-county la....
Read more News Source - The Memphis Daily News
Publish date - 06:16:33 01/06/09

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Mortgage rates hit 37-year low
SANDUSKY Homeowners and homebuyers finally received some good news -- the 30-year fixed mortgage rate has sagged to its lowest point in 37 years.
Read more News Source - The Sandusky Register
Publish date - 08:29:57 01/04/09

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New rules rev-up reverse mortgages
A new federal housing law raises the ceiling on the amount of money seniors can obtain from a reverse mortgage and lowers the fees charged for the loan.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 13:47:48 01/01/09

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IndyMac deal slowed by Fannie mortgage issues: source
WASHINGTON (Reuters) - The pending sale of failed mortgage lender IndyMac hit a snag as mortgage giant Fannie Mae negotiates with federal regulators over the value of about $1 billion in obligations it believes IndyMac owes it, according to a source familiar with the matter.
Read more News Source - Washington Post
Publish date - 20:15:03 01/02/09

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Michael Dell Part of Group Buying Busted IndyMac Bank
Michael Dell is going to try to turn a buck on the mortgage mess. He’s part of a consortium of seven private equity investors that signed a letter of intent with the Federal Deposit Insurance Corporation (FDIC) on New Year’s Eve to buy the failed IndyMac Bank, one of the accursed entities that led the US economy down the primrose path of sub-prime loans. read more
Read more News Source - SYS-CON Media
Publish date - 11:16:13 01/05/09

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Home sales in New York City plummet 34%
The number of closings for Manhattan homes dropped 34% from last quarter, according to a new study by Streeteasy.
Read more News Source - New York Daily News
Publish date - 06:14:01 01/06/09

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Plan B for retirees who counted on home equity
The safety net is almost gone, the nest egg is cracking.
Read more News Source - Reno Gazette-Journal
Publish date - 07:12:18 01/06/09

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Investors to Buy IndyMac for $13.9 Billion
A seven-member group of investors has formed to buy the remnants of a failed lender, IndyMac Bank , for $13.9 billion, federal regulators confirmed Friday.
Read more News Source - New York Times
Publish date - 11:47:51 01/05/09

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