Mortgage Archives

Welcome to the archives page. If you’re looking for an old post, you’ll find it here. If you simply want to read more about mortgage, feel free to search through the old posts until you find something of interest.

May 2008

12: FHASecure to Be Expanded Via Risk Based Premiums
12: Indymac Posts First Quarter Loss, Won’t Profit in 2008
09: Countrywide Shares Fall 20 Percent Amid Deal Concerns
09: MGIC Tightens PMI Guidelines Again
08: Fremont to Sell Remaining Servicing Rights to Litton, May File BK
08: Survey: Most Have Reservations About Buying Foreclosed Homes
08: Mortgage Rates Largely Unchanged This Week
07: NY Assembly Passes One Year Foreclosure Moratorium Bill
07: Countrywide Addresses Bankruptcy Failings
07: Pending Home Sales Fall As Credit Remains Tight
07: Mortgage Applications Bounce Back From 2008 Low
06: Commercial/Multifamily Originations Hit Record in 2007
06: Third Analyst Says BOFA Should Lower Countrywide Bid
06: Negative Equity as High as 95 Percent in Some Areas
06: Fannie Mae Reports Big Loss, Will Raise Capital
05: California Lawmakers Seek Permanent Loan Amount Increase
05: Freddie Mac Loans Improving, Guidelines Eased
05: Fed Report: Banks Continue to Tighten Lending Standards
05: Countrywide Top Mortgage Originator in First Quarter
05: Countrywide, BOFA Deal on the Rocks?
02: Consumer Bankruptcy Filings up 48 Percent
02: Freddie Mac: Cash-Out Refinances at Four Year Low
02: Triad Guaranty May Launch New Mortgage Insurance Company
01: Indymac Surges on Improved Outlook
01: MBA Opposed to OFHEO Appraisal Changes
01: Mortgage Rates a Mixed Bag This Week

April 2008

30: $6 Trillion in Housing Wealth to Slip Away This Year
30: FDIC Offers Up Home Ownership Preservation Loans
30: Severely Delinquent Mortgage Accounts up 15 Percent
30: Private Mortgage Apps Up as Defaults Fall
30: Mortgage Applications Hit Low on Lack of Refis
29: Foreclosures Up as Housing Prices Post Record Fall
29: TransUnion: Mortgage Delinquency Rate to Rise 34 Percent by Year End
29: Thornburg Mortgage Faces SEC, NYSE Probes
29: Countrywide Posts Big Loss as Delinquencies Rise
28: California Existing Home Sales Off 24.5 Percent in March
28: 18.6 Million Homes Vacant in First Quarter
28: Bank of America to Modify at Least $40 Billion in Mortgages
28: Hope Now: More Than Half Million Workouts in 1Q
25: Fannie and Freddie Portfolios, Delinquencies Rise
25: Countrywide to Sell REOs to Minorities
24: Thirty Percent of Homeowners Living Paycheck to Paycheck
24: Indymac to Deliver Conforming Jumbo Loans to Fannie Mae
24: New Home Sales Fall Again in March
24: Mortgage Rates Rise on Inflationary Concerns
23: IndyMac Shares Hit 18 Year Low
23: Mortgage Lenders Accused of Stealing LendingTree Data
23: Subprime Mortgage Litigation Skyrocketing
23: Mortgage Applications Fall as Refis, Purchases Slow
22: Freddie Mac Tightens Lending Guidelines
22: California Foreclosure Activity Surges in First Quarter
22: Foreclosure Group Says Servicing Efforts Still Fall Short
22: Countrywide to Drop Option Arm Post Merger
21: National City Receives Indemnification Notice Related to First Franklin Sale
21: Insurance Group Says Arson Not the Foreclosure Solution
21: UBS Outlines Subprime Failings
21: Mortgage Servicing Litigation Activity on the Rise
21: Bank of America Earnings Off Nearly 80 Percent
21: National City Reports Loss, to Raise $7 Billion in Capital
18: Bush Announces Nomination of New Hud Chief
18: Citi Reports $5 Billion First Quarter Loss, 9,000 Layoffs
17: Top Mortgage Originators Fourth Quarter 2007
17: Freddie Mac Announces Pact to Buy Conforming Jumbos
17: SRM Global Raises Countrywide Stake
17: MGIC Posts Loss as Delinquencies Rise
17: Merrill Posts First Quarter Loss, Will Cut 4,000 Jobs
17: Mortgage Rates Again Unchanged
16: Mortgage Bust Market Cap Impact
16: Li(e)bor Under Fire as Accusations Fly
16: Chase Reports 50 Percent Drop in First Quarter Income
16: Wells Fargo Reports First Quarter Profit of $2 Billion
16: Countrywide Faces New Allegations in Class Action Suit
16: Mortgage Applications Rise on Strength of Refis, FHAs
15: IndyMac CEO Says No Thanks to Stock Options
15: Foreclosure Activity Up From Last Month
15: OFHEO: Fannie and Freddie Need Significant Capital
11: IndyMac Loan Production Down, Quality Improves
10: Hope Now: Nearly 1.2 Million Loan Workouts Since July
10: Senator McCain Unveils Mortgage Refinance Plan
10: Mortgage Insurer Sees Home Price Decline Through 2009
10: Report: Nearly Five Percent of Mortgages Past Due
10: Mortgage Rates Flat This Week
09: Freddie Mac to Enhance Disclosures on MBS
09: IndyMac Securitizes Private Label Loan Bundle at a Loss
09: FHASecure Program to be Expanded
09: Mortgage Applications Up Last Week
08: CRL: Subprime Borrowers Paid More with Mortgage Brokers
08: Report: Racial Disparity in Subprime Lending Increased in 2007
08: Pending Home Sales Slip in February
07: WaMu to Halt Wholesale Mortgage Lending
07: Nine Mortgage Servicers Sign Pact to Help Ohio Homeowners
07: WaMu Shares Surge on Proposed Capital Infusion
07: Mortgage Bankers Association Getting a Raw Deal?
07: More than 14,000 Mortgage Layoffs in First Quarter
04: Mortgage Fraud Awareness Improved Last Year
03: Radian Launches Program to Assist Distressed Borrowers
03: Consumer Loan Delinquencies Highest Since 1992
03: Foreclosure Prevention Act of 2008 Fast Tracked by Senate
03: Fixed Mortgage Rates Rise as ARMs Fall
03: Zillow Launches Free Mortgage Comparison Shopping
02: WSJ: Countrywide Probe to Move Forward
02: Triad Guaranty May Stop Writing New Mortgage Insurance
02: Fannie Mae Tightens Lending Guidelines
02: WSJ: Thornburg Mortgage to Begin Lending Again
02: Mortgage Application Slide Led By Refinances
01: Federal Reserve Dynamic Mortgage Maps Launched
01: Study: Originate to Distribute Model to Blame for Mortgage Crisis
01: National City for Sale?
01: UBS to Post Huge First Quarter Loss on Mortgage Writedowns
01: Thornburg Staves Off Bankruptcy After Raising Capital

March 2008

31: Zillow: Expensive Homes Experienced Largest Value Decline
31: Insured Mortgage Defaults Fell Last Month
31: Paulson Unveils Financial Regulation Overhaul Plan
31: HUD Secretary Alphonso Jackson to Resign
31: Second Homes Sales Down in 2007
31: Radian Says No to Stated Loans
27: Interest Rates Mostly Higher This Week
27: IndyMac Price Target Slashed to $2
26: New Century and KPMG Accused of Improper Accounting Practices
26: Wachovia Pitching Pick-a-Pay Mortgage Amid Crisis
26: Mortgage Insurer Forms Homeownership Preservation Team
26: Sales of New Homes Fall to Slowest Pace Since 1995
26: Conforming Loan Limit Will Not Fall in 2009
26: Will BofA Up the Offer for Countrywide?
26: Mortgage Applications Surge on Refinance Spike
25: McCain on Housing: No Bailout
25: MGIC Ups Stock Offering, Sells Debt to Raise Capital
25: FBR Cuts Bank Estimates on Mortgage Woes
25: Home Prices Continue Downward March
25: Thornburg to Raise $1.35 Billion to Meet Override Agreement
24: Independent Budget Office: Wall Street Profits Lowest Since 1994
24: Clinton Unveils Plan to Tackle Housing Crisis
24: Federal Home Loan Banks to Buy More Mortgages
24: Existing Home Sales Up in February
24: Chase Raises Bid for Bear Stearns to $10
20: Company Launched to Buy Distressed Mortgage Assets
20: IndyMac CEO: Raw Delinquency Data Misleading
20: Credit Suisse Warns of First Quarter Miss
20: Mortgage Rates Fall on Weak Economic Outlook
19: Thornburg Reprieve Not So Sweet
19: Countrywide Launches Green Mortgage Initiative
19: Fannie and Freddie Requirements Eased, Liquidity Boost Expected
19: Mortgage Applications Off Despite Rate Improvement
18: Thornburg Shares Jump on Lender Reprieve
18: Fed Lowers Interest Rates on Weak Outlook
18: Group Slams Bank Bailout as Homeowners Remain at Risk
18: Northern Rock to Cut 2000 Jobs, Sell Mortgage Assets
18: Fudged Income Found on Thousands of Mortgage Applications
17: CitiMortgage to Halt Wholesale Home Equity Lending, Cut Jobs
17: Downey Financial Defaults Keep on Rising
17: National City Shares Plunge Fifty Percent as Buyer Sought
17: Countrywide Seeks Delay in Shareholder Lawsuit
17: H&R Block to Sell Option One Servicing Unit to Billionaire Ross
16: Chase to Buy Bear Stearns at Steep Discount
14: Mortgage News Bites March 14, 2008
13: Next Shoe to Drop: Wooden?
13: Florida Leads Nation in Mortgage Fraud for Second Year
13: Countrywide Production Falls as Foreclosures Double
13: Foreclosure Activity Up 60 Percent in February
13: Mortgage Rates Bounce Back Up
12: Survey: Home Equity Issue Not as Bad as It Seems
12: Top 10 Most Admired Mortgage Companies
12: Freddie Conforming Jumbo Loan Guidelines Released
12: Thornburg Mortgage Shares Double on Analyst Upgrade
12: Mortgage Application Volume Down as Rates Surge Higher
11: WaMu Shares Rise on Possible Capital Infusion
11: Panic Conditions May Lead to IndyMac First Quarter Miss
11: WSJ: FBI Looking at Countrywide Origination Practices
11: Thornburg Restates Financials, In Discussions to Meet Margin Calls
10: Commercial/MultiFamily Delinquencies Remain Near Historic Lows
10: IndyMac Loan Production Off 58 Percent
10: Shares of Countrywide Fall to Near 52-Week Low
07: Thornburg Unable to Meet Margin Calls, Will Restate Earnings
07: Mozilo Backs Pay Option Arm
07: Countrywide CEO Defends Compensation Plan
06: Citi Takes Big Step Back in Mortgage Market
06: Home Equity Slips Further Below 50 Percent
06: Foreclosures Climb to Record High in Fourth Quarter
06: Mortgage Rates Finally Fall on Weak Economic Data
05: Thornburg on Verge of Bankruptcy after Chase Exercises Default Rights
05: Merrill Lynch Throws in Towel, Shuts First Franklin, NationPoint
05: Many California Counties Get Maximum FHA Loan Limit
05: WSJ: Countrywide Postpones Foreclosure Sales Amid Allegations
05: NY Gov Proposes Mortgage Crisis Legislation
05: Bair Calls for Long Term Loan Modifications
05: Mortgage Application Volume Up as Rates Fall
04: Fremont in Default, Future in Doubt
04: Bernanke Suggests Principal Reductions to Stem Foreclosure Crisis
04: Survey Finds Foreclosure Still Most Common Outcome for Borrowers
03: Deal to Combat Appraisal Fraud Reached
03: IndyMac Sees Rise in Delinquencies, Foreclosures
03: OCC Requests Monthly Mortgage Data from Large Banks
03: Hope Now Surpasses One Million Workouts
03: Thornburg Faces Additional Margin Calls, Stock Plummets

February 2008

29: Home Equity Loss Estimates Rattle Chase
29: More Countrywide Junkets Under Fire
29: Private Mortgage Insurance Defaults Rise for Sixth Straight Month
28: First Franklin to be Shut Down by Merrill Lynch
28: Paulson Gets Tough on Mortgage Crisis
28: Thornburg Mortgage Hit with Margin Calls
28: Mortgage Rates Climb Back to Levels in November
27: Company Sees Income Verification Orders Surge
27: WSJ: Countrywide Tops Worst Stock Performer List
27: Study: Mortgage Aid Programs Distributed Unfairly
27: Fannie Mae and Freddie Mac Portfolio Limits Removed
27: Mortgage Application Volume Hits 2008 Low
26: FHASecure Helps 100,000 Borrowers
26: Bankruptcy Cram Down Bills Face Veto
26: FDIC Insured Banks Quarterly Earnings Hit 16-Year Low
26: WSJ: Deal to Curb Appraisal Abuse Near
26: OFHEO: Home Prices Suffer First Fourth Quarter Decline
26: Foreclosure Filings March Higher in January
25: Governors Call for More Comprehensive Mortgage Crisis Solution
25: Countrywide Ski Trip Cancelled
25: Citi Facing Another $12 Billion in Write Downs
25: Existing Home Sales Fall to Near Decade Low
22: Mortgage News Bites February 22, 2008
21: Now No Housing Bottom Until 2010
21: OTS Looking to Develop New Refinance Plan
21: Freddie Mac’s Investment Portfolio Fell In January
21: California Metros Least Affordable in Nation
21: Mortgage Rates Rise for Second Straight Week
20: Consumer Groups Ask Bank of America to Rebuild Broken Dreams
20: LoanPerformance: Home Prices Fell in 75 Percent of Zip Codes Covered
20: Thrifts Report Huge Fourth Quarter Loss on Housing Woes
20: Freddie: Most Borrowers Refinanced into Fixed Loans
20: Mortgage Application Volume Falls as Rates Rise
19: Project Lifeline Adopted by Hope Now Alliance
19: Economist: Millions of Homeowners Set to Walk Away
19: Barron’s: Wells Fargo Best Bet to Avoid Credit Mess
19: Online Mortgage Advertising Mixed in January
15: Countrywide Reports January Production Numbers
14: Freddie Chief Talks Housing Crisis, GSEs Role
14: Mortgage Lenders Pledge $200 Million to Refinance Subprime Loans
14: Subprime Mortgage Litigation Outpacing S&L Crisis
14: Half of U.S. Metros Experience Home Price Decline
14: Mortgage Rates Mixed This Week
13: IndyMac Downgraded Despite Profit Forecast
13: Morgan Stanley to Cut 1000 Mortgage Jobs, Close Saxon Wholesale
13: Mortgage Insurer MGIC Posts Huge Fourth Quarter Loss
13: Legg Mason Ups Countrywide Stake to 14.9 Percent
13: Mortgage Applications Finally Pull Back as Rates Rise
12: Foreclosure Sales Increase Markedly
12: Nearly a Third of Recent Homebuyers Have Negative Equity
12: Project Lifeline to Help More At Risk Homeowners
12: IndyMac Posts First Annual Loss
11: Mortgage Mailers Decline in 2007
11: PMI Group Will No Longer Insure Zero Down Mortgages
11: Investor Fraud Dominated Mortgage Lawsuits in 2007
11: Countrywide Pledges to Help More Borrowers
11: Worldwide Mortgage Losses $250-$300 Billion
08: Mortgage News Bites
07: Report: 7 of 10 Seriously Delinquent Borrowers Not Receiving Help
07: Recent IndyMac Wholesale Guideline Changes
07: OFHEO and Treasury Urge GSE Reform
07: Mortgage Rates Flat This Week
06: Jumbo Loan Securitization Firm, Would be Isolated by GSEs
06: Hope Now Assists Over Half a Million Borrowers
06: Senators Introduce Mortgage Legislation Aimed at Licensing
06: Las Vegas Top in Foreclosure Filings
06: Countrywide Merger Still on Track
06: IAC Posts Loss as LendingTree Drags it Down
06: Mortgage Demand Highest Since 2004
05: Who Are the Largest Second Mortgage Lenders?
05: Accredited Home Lenders Back in Business
05: Bair Says Modify More Loans or Face More Legislation
05: ResCap Drives GMAC Fourth Quarter Loss
04: Thornburg Mortgage Swings to Fourth Quarter Profit
04: Fed Survey: Mortgage Lending Standards Tougher
04: Commercial/Multifamily Originations Fall in Fourth Quarter
04: Consumer Groups Warn of Countrywide Merger Implications
04: Mortgage Fraud Over $4 Billion in 2007
04: Layoffs Higher on Financial Sector Job Cuts
01: Mortgage News Bites

January 2008

31: Countrywide Freezes Helocs, Chase to Cut CLTVs
31: Defaults on Insured Mortgages Climb 37 Percent
31: Survey: Most Delinquent Borrowers Unaware of Options
31: California Mortgage Relief Bill Falls Short
31: Countrywide Exec to Take Helm at Bank of America Mortgage Unit
31: Mortgage Rates Finally Rise
30: S&P Takes Action on Over $500 Billion in Mortgage Securities
30: Fed Cuts Rates Another Half Point
30: Mortgage Spam Surges as Rates Fall
30: Flagstar Reports Fourth Quarter Loss, May Suspend Dividend
30: UBS Hit with $14 Billion Mortgage Write-Off
30: Mortgage Applications Rise as Rates Climb Higher
29: FBI Launches Mortgage Probe
29: House Approves Stimulus Bill, Higher Loan Limits Temporary
29: Fannie Chief Says No More Risk with Larger Loans
29: Homeownership Rate Falls at Record Rate
29: Foreclosure Activity up 75 Percent in 2007
29: Countrywide Reports Fourth Quarter Loss
28: Mortgage Bankers Association Calls CRL Study Misleading
28: Study Shows Mortgage Freeze Plan Limited
28: Commercial Loan Delinquencies Down in California
28: Risk of Foreclosure Rising as Home Prices Continue to Fall
28: Countrywide Chief Mozilo to Forego Severance Pay
28: Countrywide Finishes Top in Loan Originations
25: Mortgage Lenders Report Refinance Frenzy
25: OFHEO Director Slams Proposed Loan Limit Increase
25: IndyMac Soars on Loan Limit Increase, Profit Prediction
24: First National Bank of Arizona Halts Retail Mortgage Lending
24: Flagstar Wants Industry Workers to go Full Doc
24: CitiMortgage Layoffs and Closures
24: Freddie Mac Portfolio Expands as Delinquencies Climb
24: Thornburg Mortgage Upgraded By Citi
24: Median Home Price Posts First Annual Decline in 40 Years
24: Conforming Loan Limit Increase to be Part of Stimulus Package
24: Fitch Cuts IndyMac Rating to Junk Status, Moodys Stops Coverage
24: Mortgage Rates Fall to Lowest Point Since 2004
23: Ohio AG Sues Freddie Mac for Participation in Subprime Crisis
23: Dodd Suggests Creation of Government Entity to Purchase Distressed Mortgages
23: AIG to Buy Banco Popular’s Equity One
23: California Lawmaker Seeks to Ban Stated Income and Neg Am Loans
23: MGIC Shares Rocked By Higher Insurance Payouts
23: Refinances Drive Mortgage Applications Higher
22: Fannie and Freddie Face Massive Fourth Quarter Writedowns
22: Nearly 150 Major Mortgage Lenders Shut in 2007
22: California Mortgage Defaults Hit 15 Year High, Foreclosures Surge to 20 Year High
22: Bank of America, Wachovia Hit by Mortgage Writedowns
22: Fed Slashes Rates 75 Basis Points in Emergency Move
21: UK Mortgage Lending Slumps Despite Record Year
18: Mortgage News Bites
17: WaMu Posts Loss, Mortgage Volume Drops 49 Percent
17: Flagstar Suspends Jumbo Loan Origination
17: Countrywide Looking to Refinance, Dump Mortgages
17: MBA Says 235,000 Mortgages Modified in Third Quarter
17: Aurora to Stop Wholesale and Correspondent Lending, Cut 1300 Jobs
17: Mortgage Rates Fall for Third Consecutive Week
17: Merrill Posts Worst Ever Loss on Mortgage Writedowns
16: Countrywide Home Retention Efforts Improve
16: Chase Earnings Fall on Subprime Exposure, Home Equity Losses
16: Wells Fargo Fourth Quarter Profits Sink on Mortgage Woes
16: IndyMac Says Well Capitalized, Committed to Wholesale
16: MBA Sees Huge Rate Increase Tied to Bankruptcy Cram Down
16: Mortgage Application Volume Surges as Rates Fall
15: Freddie Mac Says Adjustable Rate Benefit Diminished
15: IndyMac Cuts 24 Percent of Staff, Closes Wholesale Mortgage Centers
15: Mortgage Hotline Calls Surge in Fourth Quarter
15: Citi Takes Huge Loss on Subprime, Slashes Dividend
14: Chevy Chase to Cease Wholesale Lending in California
14: Mortgage Production to Fall 16 Percent This Year
14: Top Five Hot and Cold Real Estate Markets
14: IndyMac to Eliminate Use of VOD, VOE
14: FBI Says Mortgage Fraud Continues to Rise
14: M&T Bank Earnings Hit by Mortgage Woes
14: GM CFO: No Subprime Spillover into Auto Loans
13: Citi to Cut 20,000 Jobs, Faces Massive Writedown
11: Regulators Claim No Involvement in Countrywide Deal
11: First NLC Financial Services Halts Lending, to file BK
11: NovaStar to Cut 85 Percent of Staff, Give Up Licenses
11: Chase to Buy Washington Mutual?
11: OFHEO Tweaks Mortgage Fraud Reporting, Considers Jumbo Purchases
11: Cleveland Sues 21 Banks over Record Foreclosures
11: Merrill Lynch Expected to Write Down $15 Billion
11: Bank of America to Buy Countrywide
10: Bank of America in Advanced Talks to Acquire Countrywide
10: Moody’s May Downgrade Freddie Mac Financial Strength Rating
10: Countrywide and ACORN Reach Agreement to Help Homeowners
10: Mortgage Rates Fall to Lowest Level in Over Two Years
09: Credit Counselors Overwhelmed by Those Seeking Mortgage Aid
09: WaMu, IndyMac Shares Plummet on Mortgage Woes
09: Mortgage Applications Rise on Refinance Surge
09: Countrywide Reports December 2007 Operational Results
08: Citigroup to Consolidate Residential Mortgage Business
08: Countrywide Accused of Fabricating Documents in BK Case
08: Fannie Chief Sees No Need for Portfolio Expansion
08: Wells Fargo Accused of Predatory Lending
08: Countrywide Shares Plunge on Bankruptcy Rumors
08: Bear Stearns CEO to Step Down, Price Target Slashed
07: Subprime Voted Word of the Year for 2007
07: Poll Indicates Few Americans Will Refinance in 2008
07: Paulson Says No Simple Solution for Housing Woes
07: IndyMac November Loan Production Results
07: Mortgage Job Losses by Company and State
04: Mortgage News Bites
03: American Home Criticized for Plan to Destroy Hard Loan Files
03: Consumer Bankruptcy Filings Up 40 Percent Last Year
03: Financial Sector Saw Record Job Cuts in 2007
03: Late Payments Rise on Consumer Loans
03: Mortgage Apps Fall Despite Interest Rate Improvement
02: Annual Performance of Mortgage Related Stocks
02: Issuance of Alt-A Mortgages Down Sharply in Third Quarter
02: Wachovia Faces Substantial Losses Tied to CMBS
02: Mortgage Broker Tracker Launched in Seven States
02: National City to Cut 900 Jobs
02: PHH Sale to GE and Blackstone Terminated

December 2007

31: Happy New Year!
28: Mortgage News Bites
27: Fannie and Freddie Met Capital Level in Third Quarter
27: Report Claims Subprime Lending Increased Homeownership
27: Mortgage Applications Fall to Lowest Level This Year
26: Survey Finds Nearly All Would Pay Mortgage First
26: Home Prices Post Record Decline in October
24: Happy Holidays!
21: Mortgage News Bites
20: Bush Signs Mortgage Tax Relief Bill Into Law
20: Delinquencies on Alt-A Securities More Than Double
20: NovaStar CEO to Leave Troubled Mortgage Lender
20: Bank of America Chief Says Strong Credit Borrowers Default
20: Nearly Half of California Brokers See Recession in 2008
20: Mortgage Rates Up Slightly in Latest Freddie Survey
20: Bear Stearns Reports First Quarterly Loss on Mortgage Losses
19: Foreclosures Dip in November, Up 68 Percent from Year Ago
19: Union Group Stages Countrywide Protest in San Francisco
19: Congress Extends Mortgage Insurance Tax Deduction Through 2010
19: Morgan Stanley Posts First Ever Quarterly Loss on Mortgage Woes
19: Mortgage Applications Off Nearly 20 Percent
18: Chase to Take On Former WaMu Mortgage Employees
18: Highlights of the Fed’s Proposed Mortgage Rules
18: Thornburg Mortgage Reinstates Dividend, Replaces CEO
18: Mortgage Broker Accused of Bait and Switch Advertising
17: Fed Expected to Tackle Abusive Mortgage Practices
17: Colorado Restricts Prepayment Penalties on ARMs
17: Wells Fargo Tightens Retail Mortgage Guidelines
17: National City to Set Aside $700 Million for Loan Losses in Fourth Quarter
17: Citi Downgrades Banks, Lenders, and Mortgage Insurers
14: Fannie Chief Sees Housing Woes Until Late 2009
14: LendingTree Cuts 220 More Jobs
14: Ameriquest Compensates Victimized Mortgage Borrowers
14: Mortgage Industry Needs to Cut Jobs by a Third in 2008
14: FHA Reform Bill Passed by Senate
13: Bank of America Top Retail Mortgage Originator in 2007
13: Countrywide Subpoenaed by Illinois Attorney General
13: IndyMac Tightens Mortgage Guidelines
13: H&R Block Confirms Loss, May Need More Financing
13: Interest Rates Back Above Six Percent This Week
13: Countrywide Fundings, Originations Up From October
12: OFHEO Chief Says Loan Limit Increase Might Make Sense
12: Senator Dodd Introduces Mortgage Reform Bill
12: JD Power Ranks Wachovia First in Satisfaction, Cautions Against Using Mortgage Brokers
12: House Judiciary Committee Approves Bankruptcy Bill
12: Banks Expect Larger Fourth Quarter Loan Losses
12: Mortgage Applications Highest in Over Two Years
11: IndyMac Credit Rating Cut to Junk Status
11: Report Reveals Number of Problems Associated with Rate Freeze
11: Fed Cuts Key Interest Rates by Quarter Point
11: Freddie Mac Sees Another $5.5B to $7.5B in Losses
11: EMC Mortgage Accused of Predatory Loan Servicing
11: H&R Block to File Late, Big Loss Tied to Mortgage Exit
10: WaMu to Cut More Than 3000 Jobs Amid Mortgage Losses
10: Telenovela Produced to Improve Homeowner Education
10: Subprime Mortgage Litigation Group Launched
10: Freddie Mac to Limit Purchase of Delinquent Loans
10: UBS to Write Down Another $10 Billion in Mortgage Related Losses
07: MGIC to Limit Coverage, Raise Prices on Riskier Loans
07: Wachovia Faces $3 Billion Fourth Quarter Writedown
07: Home Equity Slides to Record Low in Third Quarter
06: Mortgage Teaser Freezer Plan Unveiled
06: Delta Financial Halts Lending, Will File BK
06: 30 Year Mortgage Rates Fall Below Six Percent
06: Mortgage Delinquencies Climb to 20 Year High, Foreclosures Hit All Time High
06: NovaStar Receives Extension from Wachovia
06: IndyMac CEO Sees More Losses Through 2008
06: Two Homes for the Price of One
05: Mortgage Freeze Plan to be Announced Tomorrow
05: TransLand Financial Bankruptcy Case Dismissed
05: Wall Street Firms Subpoenaed in Mortgage Shakeup
05: Countrywide CEO Calls for Conforming Limit Increase
05: MBA Mortgage Applications Jump 22.5 Percent
04: Fannie Mae to Sell Stock, Cut Dividend
04: Moody’s Wraps Alt-A Review, Cuts Ratings
04: Countrywide and IndyMac Fall on Loan Modification Concerns
04: Freddie Says Home Prices Fall Hardest in 25 Years
04: NYSE Asks NovaStar to Explain Recent Stock Surge
04: Option One Mortgage to Shut Down
03: 33,000 Borrowers Refinanced with FHASecure Since September
03: Up to 70 Percent of Early Default Linked to Borrower Fraud
03: Clinton Calls for Foreclosure Moratorium, Interest Rate Freeze
03: OTS Second Annual Housing Forum News and Notes

November 2007

30: First NLC Branch Closures and Layoffs
30: Insured Mortgage Defaults Hit Highest Level Since 2001
30: Fed Bank Says One Third of Subprime ARMs Delinquent
30: Will Interest Rate Freeze Save Mortgage?
29: Home Prices Experience First Quarterly Decline in Nearly 13 Years
29: 30 Year Mortgage Rates at Two-Year Low
29: Foreclosure Filings Nearly Double From Year Ago
28: Bank of America Expands Government Lending Push
28: Countrywide Involved in Foreclosure Probe
28: FDIC Insured Bank Profits Slide 25 Percent on Mortgage Losses
28: Bear Stearns Cutting 650 Jobs
28: Mortgage Applications Fall on Drop in Refinance Activity
28: Wells Fargo to Take $1.4 Billion Mortgage Hit
27: Countrywide Reassures Again, Says Job Cuts a Bit Higher
27: Charter One Exits Wholesale Lending
27: Mayors Express Bleak Outlook for Ongoing Mortgage Crisis
27: 2008 Conforming Loan Limit Unchanged
26: JPMorgan Chase to Cut 91 Subprime Mortgage Jobs
26: Bank of America Sees More Mortgage Trouble Ahead
26: Fannie and Freddie Stumble After Downgrade
26: Paul Financial Suspends Loan Origination
26: Schumer Wants Review of Countrywide’s FHLB Borrowing
26: Fieldstone Mortgage Files for Bankruptcy
26: Questionable Mortgage Portfolio Value Hindering E-Trade Sale
26: Citigroup Layoffs Reported to be as High as 45,000
23: Mortgage News Bites Thanksgiving Edition
21: Countrywide Denies Bankruptcy Rumors
21: GMAC Mulling Possible Sale or Merger for ResCap
21: Chevy Chase Bank to Cut 200 Jobs
21: Mortgage Applications Down, Refinances Decline
20: Bear Stearns Sued Over Concealed Mortgage Losses
20:

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