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.
- 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
- 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
- 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
- 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
- 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
- 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
- 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: