Arizonans brace for summer mortgage resets (The Arizona Republic) bi2330166 The number of adjustable-rate mortgage resets expected to peak month Arizona

Home prices spiral deepening abyss (WDAM-TV Hattiesburg) bi2330166 The housing crisis entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% April from a year earlier

The Housing Abyss (BusinessWeek Online via Yahoo! News) bi2330166 The housing crisis entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% April from a year earlier. Adjusted for inflation, the decline the biggest 1940-42, according to data collected by Yale University economist Robert Shiller

Lend America Relocates Headquarters to Larger, State-of-the-Art Facility (PR bi2330166 Lend America, one of the nation's largest direct-to-consumer FHA lenders, announced today that order to accommodate rapid growth, the Company has moved headquarters to a new 60,000-square-foot facility Melville, NY

Johnson pushing mortgage relief bill (The Argus Leader) bi2330166 With help from South Dakota Sen. Tim Johnson, the Senate poised to pass legislation week that would give banks and some homeowners relief from troubled mortgages Johnson, a Democrat, vote for the measure, would allow banks to voluntarily trade defaulted mortgages for new ones guaranteed by the Federal Housing Administration and taxpayers. The deal would require banks to ..

Falling Home Prices Spiral Into Deepening Abyss (WTOL 11 Toledo) bi2330166 Housing prices have declined 15 percent the last year, but the worst may be yet to come as forces battering the market gain strength. And the remedy coming from Congress is likely to fall short of the mark

Big Arizona mortgage-fraud bust (The Arizona Republic) bi2330166 36 people indicted mortgage fraud crackdown

Lender now a lawsuit target (The Sarasota Herald-Tribune) bi2330166 Seeking restitution from Countrywide Financial Corp. through the lawsuits filed by attorneys general Florida, California and Illinois might have seemed a fool's errand when the big mortgage player was reeling toward bankruptcy year

PRESIDENTIAL CAMPAIGN ISSUES: Foreclosure crisis to be a big task for next le bi2330166 As millions of Americans struggle to pay mortgages and remain homes, economists and mortgage experts say the foreclosure crisis likely be dumped squarely the lap of the next president

As Housing Bill Evolves, Crisis Grows Deeper - New York Times bi2330166 New York Times As Housing Bill Evolves, Crisis Grows Deeper New York Times, United States - Jun 28, 2008 The bill would let lenders and borrowers troubled mortgages more affordable 30-year fixed-rate loans that are backed by the government. FHA's role expanded US mortgage fix United Press International all 23 news articles..

Australia Bond Sales Rise to Record as Banks Tap Local Buyers - Bloomberg bi2330166 Australia Bond Sales Rise to Record as Banks Tap Local Buyers Bloomberg - 2 hours ago Australian banks, did 80 percent of funding offshore before the credit crunch, have lured local investors higher yields to help ..

Mortgage rates creeping upward - USA Today bi2330166 Mortgage rates creeping upward USA Today - 20 minutes ago It takes prospective buyers out of the marketplace, not to mention people who want to , the benefit of refinancing ceases to exist they ..

A New Way for Homeowners to Cope - Wall Street Journal bi2330166 A New Way for Homeowners to Cope Wall Street Journal - Jun 28, 2008 Congress expected to pass legislation coming days that could help hundreds of thousands of homeowners mortgages backed by the Federal ..

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