Mortgage and Financial News From 2008-1-26 Page 3

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• Cleveland blames Wall St. banks for housing misery - Turkish Press

  Cleveland blames Wall St. banks for housing miseryTurkish Press, MI - 1 hour agoBorrowers claim banks and lenders obscured the re-sets, leaving them struggling to make their mortgage payments when rates spiked. ...
  2008-01-26 09:25:38

• US mortgage crisis creates ghost town - Turkish Press

  US mortgage crisis creates ghost townTurkish Press, MI - 1 hour agoThey were asked to pay loans which doubled. They could not afford it, some lost their job. Lenders were greedy. They threw them out of their homes," she ...
  2008-01-26 09:25:39

• US blacks see 'financial apartheid' in subprime crisis - Turkish Press

  US blacks see 'financial apartheid' in subprime crisisTurkish Press, MI - 1 hour agoThe storm triggered by risky "subprime" loans has left many in ruins, forced out of their modest homes and furious at falling victim to financial dealings ...
  2008-01-26 09:25:40

• Holmes: Troubled waters - Daily News Tribune

  Holmes: Troubled watersDaily News Tribune, MA - 1 hour agoPretty bleak stuff - and that's just for those of us who have jobs and can pay the rent or the mortgage. As my house regained its warmth, ...
  2008-01-26 09:33:12

• Tax rebates are nice, but ... - Royal Oak Daily Tribune

  Tax rebates are nice, but ...Royal Oak Daily Tribune, MI - 1 hour ago"They trigger banks to drop mortgage rates, which gets to the housing problem quicker." To address the mortgage crisis, the package also allows Fannie Mae ...
  2008-01-26 09:36:31

• 1 High Risk Loans Lending - Reading Little India

  1 High Risk Loans LendingReading Little India, PA - 1 hour agoBusiness Loans - Personal Loans - Unsecured Loans - High Risk Lending - Mortgage Loans - Military Loans - Auto Loans- Debt Consolidation - Government Loans ...
  2008-01-26 09:36:33

• Taxpayers fail to take credit aimed at offsetting Social Security ... - Wilkes Barre Times-Leader

  Taxpayers fail to take credit aimed at offsetting Social Security ...Wilkes Barre Times-Leader, PA - 1 hour agoNext Sunday: a break for mortgage holders. WASHINGTON — The IRS is making a big push this year to make sure certain taxpayers know they can take the earned ...
  2008-01-26 09:45:11

• Low-income housing funds offered in Surry County - Mount Airy News

  Low-income housing funds offered in Surry CountyMount Airy News, NC - 1 hour agoIf income does double, the loan then would be set up on a repayment schedule. The assistance offered through Rural Development includes subsidized mortgage ...
  2008-01-26 09:56:22

• Given nation’s financial mess, is MBA ‘master bunco artist’? - In-Forum (subscription)

  Given nation’s financial mess, is MBA ‘master bunco artist’?In-Forum (subscription), ND - 55 minutes agoFor instance, what lack of regulatory oversight, not to mention, lack of common sense and basic ethics, allowed for the subprime mortgage debacle? ...
  2008-01-26 10:04:22

• Surcharges spur energy efficiency - Boston Globe

  Surcharges spur energy efficiencyBoston Globe, United States - 50 minutes agoThe Globe has decided to resurrect the old African-American "welfare queen" canard on the latest home mortgage crisis ("Broker's clients detail web of ...
  2008-01-26 10:09:45

• They ought to draw a go-to-jail card - St. Petersburg Times

  They ought to draw a go-to-jail cardSt. Petersburg Times, FL - 43 minutes agoBut when bankers, mortgage brokers, credit rating agencies and investment firms conspire to scam investors and exploit the naivete of borrowers in order to ...
  2008-01-26 10:17:12

• Safeguard your credit in divorce - SunHerald.com

  Safeguard your credit in divorceSunHerald.com, MS - 42 minutes agoNext, work on refinancing your mortgage and your car loan. Granted, this is going to be more difficult, because the bank will want just one person to accept ...
  2008-01-26 10:17:23

• The black box economy - Boston Globe

  The black box economyBoston Globe, United States - 38 minutes ago... such as the securities implicated in the mortgage crisis that is still shaking the housing market. Others, involving auto loans, credit card debt, ...
  2008-01-26 10:21:21

• A crisis rumbles along Route 2 - Boston Globe

  A crisis rumbles along Route 2Boston Globe, United States - 38 minutes ago... 187, that went delinquent just three months after the borrowers closed on their loans, a Mortgage Bankers Association study released last year found. ...
  2008-01-26 10:21:23

• Report: Cuomo Gets Cooperation in Probe - The Associated Press

  Report: Cuomo Gets Cooperation in ProbeThe Associated Press - 28 minutes ago... to evaluate samples of loans to determine whether they complied with the law and met the lending standards that mortgage companies said they were using. ...
  2008-01-26 10:31:19

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