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No help for 70% of subprime borrowers Seven out of 10 seriously delinquent subprime mortgage borrowers are still not getting the help they need to keep their homes, according to a report released Tuesday by state officials working to stem the foreclosure crisis. Home > Rss Directory > Business > CNN |
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New $20B subprime bailout on the table A proposal to bail out subprime mortgage borrowers who are at risk of foreclosure was floated at a Senate Banking Committee hearing Thursday. Home > Rss Directory > Business > CNN |
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New Mortgage Rescue Goes Beyond Subprime Lenders Offer Broader Mortgage Plan, Extends to Borrowers of All Loans, Not Just Subprime Home > Rss Directory > General > ABC News |
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Fed official: More help needed for borrowers An influential member of the Federal Reserve called for more financial education to help low-income mortgage borrowers Monday. Home > Rss Directory > Business > CNN |
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Millions of borrowers may qualify for help As many as 2 million borrowers may be eligible for some kind of help as part of the housing rescue bill passed Saturday by the Senate and expected be signed next week by President Bush, and CNNMoney.com explains what homeowners need to know. Home > Rss Directory > General > CNN |
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How subprime killed Bear Stearns It started last summer when borrowers with weak credit started defaulting on their mortgages. Last night, it brought down an 85-year-old pillar of Wall Street. Home > Rss Directory > Business > CNN |
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Regulator Will Help Borrowers at IndyMac Troubled borrowers with mortgages from IndyMac will be able to seek lower-priced, fixed-rate loans under a plan unveiled by the regulatory agency that took over the failed thrift. Home > Rss Directory > Business > NY Time |
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Record number of borrowers get mortgage help Mortgage lenders helped save a record 225,000 at-risk mortgage borrowers from losing their homes during October, according to a report issued Tuesday by a coalition of lenders, mortgage servicers, investors and counselors assembled to fight the foreclosure plague. Home > Rss Directory > Business > CNN |
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Mortgages: Help for Struggling Homeowners Lenders are increasingly willing to change their loan terms for struggling borrowers but the flexibility has not been enough to help many homeowners. Home > Rss Directory > Business > NY Time |
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McCain, in Shift, Seeks U.S. Help for Homeowners Senator John McCain, who had warned against broad government action, called on Thursday for help for qualified homeowners with subprime mortgages. Home > Rss Directory > General > NY Time |
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Housing relief: Help, but for how many? When the Senate Banking Committee passed a housing bill intended to limit foreclosures, panel Chairman Christopher Dodd, D-Conn., said he expected the measure could help 500,000 borrowers stay in their homes. Home > Rss Directory > Business > CNN |
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Lenders Promise to Speed Notice on Mortgage Help Mortgage companies are pledging to let troubled borrowers know whether they are approved for help within 45 days of receiving a homeowner’s application. Home > Rss Directory > Business > NY Time |
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IKB plans $2 bln share sale to help with bailout - MarketWatch Boston GlobeIKB plans $2 bln share sale to help with bailoutMarketWatch - 4 hours agoBy MarketWatch SAN FRANCISCO (MarketWatch) -- German bank IKB Deutsche Industriebank AG plans to sell 1.5 billion euros ($2.2 billion) in shares as part of a government-sponsored bailo Home > Rss Directory > General > Google News |
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Citi backs measure to help avoid foreclosures
(Reuters) Reuters - Financial giant Citigroup Inc will support a proposal in Congress to rewrite U.S. bankruptcy law to help troubled mortgage borrowers avoid foreclosure, Chief Executive Vikram Pandit said on Thursday. Home > Rss Directory > General > Yahoo News |
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Housing Agencies to Widen Homeowner Help Government, mortgage industry officials launch a streamlined system for modifying the mortgages of hundreds of thousands of borrowers. Home > Rss Directory > General > WashingtonPost |
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UBS facing subprime banking investigations: report - Reuters EarthtimesUBS facing subprime banking investigations: reportReuters - 7 hours agoCHICAGO (Reuters) - US government prosecutors are investigating whether Swiss banking giant UBS misled investors by reporting inflated prices of mortgage-backed securities it held despite Home > Rss Directory > General > Google News |
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Swift Steps Help Avert Foreclosures in Baltimore A Baltimore group has improved one neighborhood’s foreclosure rate by seeking out high-risk borrowers and helping them strategize to hold on to their homes. Home > Rss Directory > General > NY Time |
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Senate Passes Bill to Help Troubled Homeowners The legislation includes a plan aimed at helping borrowers avoid foreclosure through refinancing. Home > Rss Directory > General > NY Time |
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Bernanke outlines mortgage help plan Federal Reserve chairman Ben Bernanke outlined the central bank's proposal Friday to stem the subprime meltdown. Home > Rss Directory > Business > CNN |
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House Panel Approves Bill to Assist Borrowers The House Financial Services Committee approved legislation that would make up to $300 billion in insured loans available to refinance the mortgages of borrowers in danger of foreclosure. Home > Rss Directory > Business > NY Time |