Mortgage and Financial News From 2007-9-1 Page 3

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• Fending Off The Mortgage Crunch Homeowners Who Fall Behind Have ...

  Washington Post - Fending Off The Mortgage Crunch Homeowners Who Fall Behind Have Options to Help Avoid ... to make loans -- often adjustable-rate mortgages with low introductory rates that ... her family made her miss a few payments on her four-bedroom Capitol Heights home ...
  2007-09-01 06:57:00

• Ultra-low Fed rates stoked housing boom: Taylor

  Washington Post - ... Affairs John Taylor said on Saturday that ultra-low Federal Reserve interest rates ... is examining the implications of the ongoing woes of the U.S. subprime mortgage ... said the buoyant market was directly responsible for a major improvement in home ...
  2007-09-01 06:36:00

• Economists Abuzz on Interest Rates

  Los Angeles Times - This is the most chaotic mortgage market that I've ever seen in 50 years," he said. Laurence Meyer, a former Federal ... During the housing slump, a combination of higher interest rates and weaker home values clobbered homeowners, especially those with ...
  2007-09-01 07:40:00

• Can the Mortgage Crisis Swallow a Town? (New York Times)

  At current rates, analysts expect foreclosure filings to hit a rate approaching heights not seen since the Great Depression.
  2007-09-01 08:28:11

• FHA plan could help Hoosiers behind on mortgage payments (The Times of Northwest Indiana)

  INDIANAPOLIS - A new Federal Housing Administration program intended to reduce the nationwide rash of home-loan defaults has excited some mortgage lenders in Indiana, which has one of the nation's highest foreclosure rates.
  2007-09-01 07:51:14

• Home loan help gets 'hooray'

  Chicago Tribune - Hooray, hooray, hallelujah," said Deerfield real estate agent Honore Frumentino, who has been scrambling to help home ... who fell behind after their adjustable-rate mortgages reset to qualify for insurance that would enable them to refinance and ...
  2007-09-01 03:08:00

• FHA plan may help Hoosiers in a bind

  Indianapolis Star - ... Bush administration would reform a key housing provision of the federal tax code to make it easier for homeowners to refinance ... When your home is losing value and your family is under financial stress, the last thing you need to do is to be hit with ...
  2007-09-01 02:54:00

• News Minute: Craig to resign...Dems call for Iraq withdrawal...Hot ...

  WDAM-TV - ... rape story will face university discipline Life without parole for Waynesboro cop killer Leontyne's childhood home to become ... Bush says new tax relief and the ability to refinance adjustable-rate mortgages could help many Americans who are in danger of ...
  2007-09-01 03:23:00

• U.S. to take on credit crisis

  Los Angeles Times - ... the government didn't intend "to bail out speculators or those who made the decision to buy a home they knew they could never afford." The most immediate effect of the president's plan will be to help as many as 80,000 troubled borrowers refinance ...
  2007-09-01 06:57:00

• W. PLANS LOAN AID FOR 'HOME' FRONT

  New York Post - Bush said homeowners who have good credit ratings but can't afford current mortgage payments will be able to refinance through ... But it's not the government's job to bail out speculators or those who made the decision to buy a home they couldn't ...
  2007-09-01 08:20:00

• Bush cites new tax relief for homeowners

  Boston Globe - Higher interest rates and weak home values have made it impossible for some to pay or to keep up with their monthly mortgage payments. Some overstretched homeowners can't afford to refinance or even sell their homes. Mortgage foreclosures and late ...
  2007-09-01 06:36:00

• Bush cites new tax relief for homeowners (AP via Yahoo! News)

  New tax relief and the ability to refinance adjustable rate mortgages could help many Americans who are in danger of losing their homes, President Bush said Saturday.
  2007-09-01 03:59:37

• UNO Lights Up Regis In Home Opener, 7-1þ (KETV 7 Omaha)

  Senior Dani McCawley and sophomore Mykala Hanson scored two goals each, as the University of Nebraska-Omaha soccer team opened its home schedule with a convincing 7-1 win over nonconference oppponent Regis, Friday afternoon at the new UNO Soccer Field.
  2007-09-01 02:22:33

• FHA plan may help Hoosiers behind on home payments (The Indianapolis Star)

  Indiana homeowners, among the most prone to foreclosure, stand to benefit from a new Federal Housing Administration program designed to stem a national wave of home-loan defaults.
  2007-09-01 06:52:55

• Franklin Home Damaged In Early Morning Fire (WHIO-TV 7 Dayton)

  Firefighters in Franklin say they responded to reports of a house fire and found the home fully engulfed in flames.
  2007-09-01 02:00:22

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