|
Select
Example Headline of Genre for Date
Gov't unveils mortgage disclosure rules
AP - Prospective home buyers would get a simpler way to understand often-confusing mortgage terms under new rules issued Wednesday by the federal government.
Rep. Frank targets mortgage servicer legal pacts
Reuters - Legislation is needed to address mortgage servicing companies' failure to do enough to help distressed borrowers stay in their homes, the head of a key U.S. congressional committee said on Wednesday.
Gov't considers changes to mortgage program
AP - The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday.
US drops plans to purchase toxic mortgage assets
AFP - US authorities are scrapping plans to buy up toxic mortgages securities and shifting the focus of a massive financial rescue plan, Treasury Secretary Henry Paulson said Wednesday.
Irish mortgage lender writes off Iceland losses
AP - Ireland's major mortgage provider, Irish Life & Permanent PLC, slashed its profit forecast Wednesday chiefly because of lost investments in the nationalized banks of Iceland.
US shifts rescue away from buying toxic mortgage assets
AFP - US authorities have scrapped plans to buy up toxic mortgage securities and are shifting the focus of a massive financial rescue plan, Treasury Secretary Henry Paulson said Wednesday.
Rep Frank targets mortgage service legal pacts
Reuters - Congress needs to tackle legal obstacles that prevent mortgage servicing companies from doing more to help distressed borrowers stay in their homes, the head of a U.S. congressional committee said on Wednesday.
Many mortgage indictments seen under Obama
Reuters - Federal criminal probes into mortgage lending will likely produce many indictments under Barack Obama's presidency, legal experts said on Wednesday.
| 
