Loan and Mortgages News
 Big Government (blog) |
Politics, shaky economy create no rush to restructure Fannie and Freddie
Washington Post As other financial firms have exited the market and credit has seized up, Fannie and Freddie have been behind the vast majority of mortgages made since the … Mortgage Modifications Create Cash for Agency MBS Reinvestments TCW Returns to Mortgage Bonds It Sold After Declines The Little Fed Report that Could…and Did Create a Housing Bubble |
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 The Guardian |
U.S. mortgage applications rise
Investor’s Business Daily A measure of demand for home loans edged up 0.5% in the week ended March 5, the Mortgage Bankers Association said. Refinancing activity fell 1.5%, … US MBA Mortgage Applications Index Rose 0.5% Last Week Mortgage Rates Rise Ahead of Treasury Auction. Fail to Recover Afterward Recent Uptick in Mortgage Applications |
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TARP Oversight Panel Finds Fault With GMAC Bailouts
New York Times Indeed, in a conference call in January, Michael A. Carpenter, GMAC's chief executive, called the mortgage unit “a millstone around the company's neck. … |
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GMAC Sells $250M in Problem Mortgages as CFO Steps Down
DSNews.com GMAC Financial Services has auctioned off $250 million of problem mortgage assets, using Citigroup Inc. as its broker on the deal, according to a report … |
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Health and Student-Loan Bills Clash
Wall Street Journal The Obama administration's drive to overhaul health care is colliding with an effort to revamp the federal student loan program. … Student Loan Reform: What's It Doing in the Health Care Debate? Dems Plan to Sneak in Student Loan Overhaul into Obamacare Student-Loan Bill May Enter Health-Care Mix |
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 Los Angeles Times |
Payday lenders may avoid US oversight
Los Angeles Times California limits payday loans to $300 and a fee of 15%. (Anne Cusack / Los Angeles Times / February 25, 2010) By Jim Puzzanghera Reporting from Washington … Oversight for Thriving Payday Lending Unclear in Financial Reform Compromise would shield payday lenders, pawnbrokers and car dealers from oversight Finance Reform Bill May Exempt Payday Lenders |
 Straits Times |
China Regulator: Big 5 State Banks' 2009 New Yuan Loans CNY4.6 Tln
Wall Street Journal BEIJING (Dow Jones)–China's five biggest state-owned commercial lenders extended CNY4.6 trillion worth of new yuan loans last year and their non-performing … CBRC chairman promises closer monitoring of new loans Chinese banks lend 700.1 billion yuan in Feb |
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 CNBC |
Former Quicken spokesman starts own mortgage company
Oakland Press Hall abruptly left Rock Financial and its parent company Quicken Loans in late 2007 just as the mortgage crisis was gathering momentum. … Home Loan Demand Nudges Higher in Latest Week Mortgage Veteran Re-Enters Market With New Firm David Hall Launches Hall Financial |
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 Common Dreams (press release) |
Fed mulls changes to student loan policies
The Student Printz The Student Aid and Fiscal Responsibility Act, passed by the House in September, would ban private companies from issuing student loans. … Student Loans: when dreams come true education can not compete on cost Opportunities, Challenges for Student Loans Market, More at iiBIG's Student … Senator Alexander's $47 Billion Student Loan Mix-Up |
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Obama's Student Loan Overhaul Endangered
New York Times Some Democrats said that such a move would stall the student loan changes at a minimum for several months, and perhaps kill the initiative altogether. … |
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