Mortgage and Financial News From 2007-9-1 Page 19

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• Bush to Outline Aid to Mortgage Holders

  AOL - ... elements of Bush's plan would allow homeowners with a good credit history, but who cannot afford their mortgage payments, to refinance ... The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed ...
  2007-08-31 03:10:00

• NeighborWorks(R) America Welcomes President Bush's Call for Homeowner ...

  Forbes - ... that offer foreclosure counseling and refinance opportunities to identify homeowners struggling to make their monthly mortgage ... Families who are facing mortgage trouble should know that the phone will be answered and help with information to avoid ...
  2007-08-31 06:30:00

• Housing: Bush Rides to the Rescue, Sort Of

  BusinessWeek - And he's advocating a variety of measures to improve disclosure of loan information so ... Fannie Mae and Freddie Mac to exceed federal limits on the size of their mortgage portfolios as long as they used the breathing room to help borrowers refinance ...
  2007-09-01 12:49:00

• Stocks climb on reassuring words from US president Bush, Fed chair ...

  Thunder Bay Chronicle-Journal - A key element of Bush’s plan would allow homeowners with good credit histories, but who cannot afford their mortgage payments, to refinance into mortgages insured by the Federal Housing Administration to keep from defaulting. In U.S. economic data ...
  2007-08-31 09:50:00

• Bush administration to unveil policies aimed at easing mortgage crisis ...

  Forbes - Bush will propose changes to the Federal Housing Administration mortgage insurance program that would allow more homeowners to refinance with FHA insurance ... The content on this site, including news, quotes, data and other information, is provided by ...
  2007-08-31 06:34:00

• Japanese shares extend gains late trade on reported mortgage crisis ...

  Forbes - ... reported that Bush will propose changes to the Federal Housing Administration mortgage insurance program that would allow more homeowners to refinance with ... The content on this site, including news, quotes, data and other information, is provided by ...
  2007-08-31 07:03:00

• MARK TRUMBULL: How homeowners can escape a mortgage mess

  Tacoma News Tribune - How homeowners can escape a mortgage mess Stress in the nation's mortgage industry ... own, to help prevent foreclosures. He contacted the group, the National Information ... Some refinance multiple times, draining out their equity in the home, and still can ...
  2007-08-31 09:58:00

• Bush offers ways to aid faltering borrowers

  Baltimore Sun - There is a risk in going too far," said Greg McBride, senior financial analyst at Bankrate.com, which provides consumers information on mortgage rates. "You want to create opportunities to refinance and retain homeownership status for ...
  2007-08-31 12:58:00

• Biggest danger of mortgage crisis: Deflation

  Seattle Post Intelligencer - He wants Congress to make it easier for the Federal Housing Administration to help subprime mortgage holders refinance. Federal ... Regulators have been absent from the game, and information release has been left in the hands of the individual ...
  2007-08-31 11:31:00

• UPDATE 1-Ameriquest closes, Citigroup buys mortgage assets

  Reuters - ... S. bank, said on Friday it agreed to buy the wholesale mortgage origination and servicing assets of Ameriquest's parent, ACC Capital Holdings, for an undisclosed price. The acquisition includes servicing rights on $45 billion of loans, as well ...
  2007-08-31 10:55:00

• Impac Mortgage Holdings, Inc. Announces Posting of its Unaudited

  MSN MoneyCentral - The Long -Term Investment Operations has invested in non-conforming Alt -A ("Alt-A") mortgage loans and to a lesser extent small-balance commercial and multi-family loans originated by the Commercial Operations. The Mortgage Operations acquires ...
  2007-08-30 09:01:00

• Citigroup to absorb remnants of Ameriquest

  Los Angeles Times - It also obtained an option to buy Ameriquest sister company Argent Mortgage Co., which made loans through independent brokers. Citigroup said today that it was exercising the purchase options. The sale by Ameriquest parent company ACC Capital Holdings ...
  2007-08-31 11:16:00

• ABX subprime mortgage index unchanged after Bush

  Reuters - NEW YORK, Aug 31 (Reuters) - A benchmark subprime mortgage ABX index tied to risky home loans made in last year's second half was unchanged after President Bush unveiled plans for the government to help struggling subprime borrowers, an investor said ...
  2007-08-31 07:06:00

• Hawaii mortgage interest rates down

  MSN MoneyCentral - Nationally, the average rate fell to 6.45 percent, according to Freddie Mac's primary mortgage market survey released on Thursday. Mainland lenders offering higher interest rates made cheaper loans. American Savings and Bank of Hawaii both charged 1 ...
  2007-08-31 11:16:00

• US corporate bonds gain on Bush mortgage relief plan

  Reuters - NEW YORK, Aug 31 (Reuters) - U.S. corporate bonds strengthened on Friday ahead of President George Bush's statement later this morning that is expected to outline new initiatives to provide relief to consumers troubled by risky mortgage loans ...
  2007-08-31 03:24:00

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