Latest Construction Mortgage Loan news:

Freddie Mac Subject To SEC Reporting Requirements
Washington, D.C., July 18, 2008 — The Securities and Exchange Commission today announced that the Federal Home Loan Mortgage Corporation (Freddie Mac) has voluntarily registered its common stock under the Securities Exchange Act of 1934 and is now subject to the Act's periodic and current reporting requirements.
Read more News Source - Scoop.co.nz
Publish date - 16:28:58 07/19/08

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Sentencing set for mother, son in mortgage fraud case
COVINGTON, Ky. — A mother and son involved in a scheme to defraud a mortgage broker of more then $3.5 million changed their pleas to guilty this week in U.S. District Court in Covington, Ky., and will face up to 20 years in prison when they are sentenced this fall.
Read more News Source - Middletown Journal
Publish date - 02:18:21 07/19/08

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Construction crawls
A beat-the-deadline rush to file permits for apartment construction in New York City lifted housing starts to unexpectedly high levels in June, but it was no cause for rejoicing.
Read more News Source - The Fort Collins Coloradoan
Publish date - 11:14:58 07/18/08

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Home construction falls to lowest in 17 years
A beat-the-deadline rush to file permits for apartment construction in New York City lifted housing starts to unexpectedly high levels in June, but it was no cause for rejoicing: Construction of single-family homes nationwide fell to the slowest pace in 17 years.
Read more News Source - Deseret Morning News
Publish date - 06:31:48 07/18/08

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Families turn to loans and credit cards to cover mortgage bills
More than four million households have resorted to personal loans or credit cards to cover mortgage or rent payments in the past year.
Read more News Source - Times Online
Publish date - 22:34:18 07/17/08

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There’s help available to avoid foreclusure
Have you recently missed making your mortgage payment, paid it late or couldn’t pay the whole thing? If so, unless you get your financial house in order, you could risk losing your house.
Read more News Source - The Daily World
Publish date - 06:46:50 07/20/08

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KeyCorp Swoons on Loan Losses Outside Its Market (Update1)
July 18 (Bloomberg) -- Three months ago, analysts were speculating KeyCorp would help rescue National City Corp. after its bigger Cleveland-based neighbor set aside $1.4 billion to cover bad loans and reported a $171 million first-quarter loss.
Read more News Source - Bloomberg.com
Publish date - 12:36:39 07/18/08

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Work Out Problems With Lenders? Try to Find Them
Today?s lenders often sell the loans they make to investors, making it nearly impossible for homeowners to discover whom they should contact about a delinquency.
Read more News Source - New York Times
Publish date - 19:59:04 07/19/08

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Banking & Finance
in the construction and mortgage lending department. Mr. Owen was previously a vice president at North Valley Bank in Santa Rosa. In other company news, Kimberly Delasantos and Denise Palmer were appointed to the bank’s wealth management department as wealth advisors.
Read more News Source - North Bay Business Journal
Publish date - 18:49:16 07/17/08

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Nationalization, Fiasco, USDollar, Gold
A grotesque grandiose nationalization initiative is gradually being forced upon the USEconomy, US financial system, US political system, and the hapless US citizenry. Its crucible for construction comes from the desperate situation unfolding for the banks, the mortgage holders, and homeowners.
Read more News Source - Kitco.com
Publish date - 19:20:46 07/17/08

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Uncertain times for Synovus
Write-offs for loan losses. A sliding stock price. Cuts in some back-office operations. Possible staff reductions. And plenty of financial uncertainty and pain moving into 2009.
Read more News Source - Columbus Ledger-Enquirer
Publish date - 07:36:09 07/19/08

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A criminal past, a trail of new victims
Eighty-three-year-old W.C. Eckles limps around the outside of his house, pointing to the holes in his walls. He stuffs them with rags. He covers them with plywood. But wind, rain and mosquitoes still find their way through, tormenting his sleep, he said.
Read more News Source - Miami Herald
Publish date - 07:23:37 07/20/08

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Va. banks strong
A top banking regulator said Virginia’s state-chartered banks differ dramatically from the California bank and mortgage lender that this week faced a mass customer revolt after it was taken over by regulators.
Read more News Source - The Petersburg Progress-Index
Publish date - 08:31:45 07/19/08

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Needham Override on the November budget
The Board of Selectmen has approved putting a $1.9 million Proposition 2 1/2 override question on the November ballot. The funds would be used to operate the High Rock School, the town's new sixth-grade center designed to help with the overcrowding at Pollard Middle School. If approved, this override would be in addition to a $21 million override voters ...
Read more News Source - Boston Globe
Publish date - 04:28:12 07/20/08

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TIAA-CREF to Finance UNC-Chapel Hill Institute in North Carolina Research Campus
TIAA-CREF, the national financial services organization and leading provider of retirement services in the academic, medical and cultural fields, today announced it will finance the construction and completion of a four-story research institute building located on the North Carolina Research Campus in Kannapolis, North Carolina.
Read more News Source - Centre Daily Times
Publish date - 19:52:53 07/18/08

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