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Archive for October 4th, 2007

National business briefs: Energy Department will guarantee loans … – Kansas City Star

by @ Thursday, October 4th, 2007. Filed under Loans

Life Style Extra

National business briefs: Energy Department will guarantee loans…Kansas City Star, MO -41 minutes agoThe US government plans to guarantee loans for up to 80 percent of the total construction cost of new nuclear reactors. The Energy Department said Thursday …US plans to guarantee loans for up to 80 percent of nuclear …International Herald TribuneUS to [...]

US 30-year mortgage rates lower in latest week-Freddie Mac – Reuters

by @ Thursday, October 4th, 2007. Filed under Mortgages

US 30-year mortgage rates lower in latest week-Freddie MacReuters -12 hours agoFull Bio WASHINGTON, Oct 4 (Reuters) – Average rates on US 30-year mortgages fell in the latest week, mortgage giant Freddie Mac said on Thursday. …Mortgage rates ease slightlyCNNMoney.comUS rates on 30-year mortgages fall this weekPeople’s Daily OnlineUS mortgage rates drop slightlyMarketWatchall 57 news articles

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Rates Decline On Mortgages – Wall Street Journal

by @ Thursday, October 4th, 2007. Filed under Mortgages

Rates Decline On MortgagesWall Street Journal -14 minutes agoThe declines follow three weeks in which rates on longer-term mortgages had risen. All of the loans remain about a tenth of a percentage point higher than …

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Minorities get more 'high cost' loans – BusinessWeek

by @ Thursday, October 4th, 2007. Filed under Loans

Life Style Extra

Minorities get more 'high cost' loansBusinessWeek -2 hours agoBy ALAN ZIBEL A disproportionately large percentage of mortgages made to blacks and Hispanics last year met the government's definition of "high cost" loans…Number of minority home buyers down in 2006MarketWatchNearly Four in 10 Mortgages to Minorities Were Subprime in 2006PR Newswire (press release)Study: More black [...]

Nearly Four in 10 Mortgages to Minorities Were Subprime in 2006 – PR Newswire (press release)

by @ Thursday, October 4th, 2007. Filed under Mortgages

Nearly Four in 10 Mortgages to Minorities Were Subprime in 2006PR Newswire (press release), NY -26 minutes agoNearly four out of every 10 mortgages extended to "all minorities" in 2006 were subprime loans — more than double the rate for white borrowers, …Number of minority home buyers down in 2006MarketWatchStudy: More black homeowners get costly mortgages, than [...]

Democrats push for action on mortgages – Philadelphia Inquirer

by @ Thursday, October 4th, 2007. Filed under Mortgages

Philadelphia Inquirer

Democrats push for action on mortgagesPhiladelphia Inquirer, PA -16 hours agoMany of the foreclosures involve subprime mortgages – home loans made to borrowers with weak credit histories. Many of those adjustable-rate loans start out …Democrats call for mortgage'tsar'MSNBCDems Compare Bush's Handling of Subprime Crisis to Hurricane KatrinaCrosswalk.comHarry Reid: Senate And House Democratic Leaders Offer Plan To [...]

2m rejected for loans as banks rein in lending – Telegraph.co.uk

by @ Thursday, October 4th, 2007. Filed under Loans

2m rejected for loans as banks rein in lendingTelegraph.co.uk, United Kingdom -20 minutes agoBanks fund many personal loans in the wholesale money markets, where the cost of borrowing has soared as a result of the credit crisis. …

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US Federal Reserve reports small increase in discount window loans – Forbes

by @ Thursday, October 4th, 2007. Filed under Loans

US Federal Reserve reports small increase in discount window loansForbes, NY -3 hours agoWASHINGTON (Thomson Financial) – The Federal Reserve today reported a small increase in discount window lending, with 26 mln usd discount window loans…

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Congress takes action on home loan crisis – WTHR

by @ Thursday, October 4th, 2007. Filed under Loans

Conde Nast Portfolio

Congress takes action on home loan crisisWTHR, IN -2 hours agoWith more loans coming due, there could be two million more homes swallowed up nationwide before the end of next year. "The crisis in my view is sort of the …Democrats Assail Bush on Mortgage CrisisThe Associated PressPelosi: Dems Show Fiscal ResponsibilityThe Associated PressDemocrats call [...]

Number of minority home buyers down in 2006 – MarketWatch

by @ Thursday, October 4th, 2007. Filed under Mortgages

Life Style Extra

Number of minority home buyers down in 2006MarketWatch -4 hours agoWhile 39.1% of mortgages to minorities were subprime, 18% of mortgages to whites were subprime. Coverage of home buying and selling, housing prices, …Study: More black homeowners get costly mortgages, than don'tWBAYMinorities Get More 'High Cost' LoansCNNMoney.comall 18 news articles

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