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- CHICAGO (MarketWatch) -- Interest rates on fixed-rate mortgages decreased last week, and mortgage seekers took advantage: Applications filed for mortgages rose a seasonally adjusted 2.2% compared with the week before, according to the Mortgage ...
- Republican presidential nominee Sen. John McCain of Arizona unveiled a $300 billion housing initiative—the American Homeownership Resurgence Plan—during Tuesday night's presidential debate. The plan calls for the government to buy mortgages from ...
- The maximum interest on mortgages extended by commercial banks has surpassed 10 percent. The fixed interest rate on mortgages, which was between 6.7 and 8 percent around this time last year, has jumped to between 8 to 10 percent, while variable ...
- The trips, the speeches, and the moments of Decision ’08. A look at the campaigns of Barack Obama and John McCain. WASHINGTON - Republican presidential candidate John McCain is proposing a $300 billion program for the federal government to buy up ...
- WASHINGTON - Fannie Mae said Tuesday it will buy mortgages from the Federal Home Loan Bank of Chicago under an agreement with the bank. Fannie Mae will purchase 15- and 30-year fixed-rate mortgages channeled through the bank's Mortgage Partnership ...
- SPRINGFIELD, Ill. — Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general's office said Sunday ...
- An estimated 125,000 Californians who are struggling with risky mortgages from Countrywide Financial Corp. may get their loans modified and payments reduced under a program to be announced today. In a pact that could save mortgage holders billions of ...
- Barbara Desoer, president of Bank of America's mortgage and insurance operations, said: "We are confident that together with the attorneys general we have developed a comprehensive program that provides more solutions than ever before to assist ...
- (Reuters) - Bank of America has agreed to settle claims brought by state attorneys general regarding certain risky loans originated by Countrywide Financial Corp in a deal that could be worth more than $8.6 billion, the Wall Street Journal said. The ...
- Oct 6 (Reuters) - Bank of America (BAC.N: Quote , Profile , Research , Stock Buzz ) has agreed to settle claims brought by U.S. state attorneys-general regarding certain risky loans originated by Countrywide Financial Corp, in a deal that could be ...
- Monday, October 6, 2008 The pact stems from cases filed earlier this year by California and other states, alleging the Calabasas (Los Angeles County) lender used misleading advertising and unfair business practices to dupe customers into taking out ...
- Beginning this month, average rates on some private student loans will reset from a current 10% to 11% range to as high as 12% to 14%, said Mark Kantrowitz, publisher of FinAid.org. It could mean an extra $40 a month on $20,000 in student loan debt ...
- Countrywide Financial has agreed to the largest program ever to modify home loans, as part of a settlement with officials in Texas and 10 other states. The agreement comes just days after the federal government adopted a giant financial rescue ...
- Britain's biggest mortgage lender has become the latest mortgage lender to hike its mortgage rates. Halifax said it was raising its rates by up to 0.25%, following last week's increase of up to 0.45%. The group blamed the move on continued increases ...
- WASHINGTON -- Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 percent this week, up ...
- Halifax has become the latest mortgage lender to hike its rates. Britain's biggest mortgage lender said it was raising its rates by up to 0.25 per cent, following last week's increase of up to 0.45 per cent. The group blamed the move on continued ...
- From the same date, the society has said that it will also launch a new offer for existing Nationwide borrowers. The society has announced that for a limited period, those switching to a new Nationwide deal will receive a GBP300 discount on all ...
- (RTTNews) - Friday, Macerich Co. (MAC: News ), a self-managed and self-administered real estate investment trust, announced that it has closed three loan financings and commitments on two other financings. The loan amount on the five transactions ...
- WASHINGTON (AP) - It is another indication of the impact of tight credit markets. Rates on 30-year mortgages have risen for a second straight week, to the highest in a month. Freddie Mac reports that 30-year, fixed-rate mortgages averaged 6.10 ...
- NEW YORK (CNNMoney.com) -- Rates on 30-year mortgages rose from last week as loan applications slowed in the face of turbulence in the banking and finance sectors. Mortgage finance firm Freddie Mac ( FRE , Fortune 500 ) reported Thursday that 30-year ...
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