Latest Mortgage Lenders news:

Personal Finance Daily: Mortgage lenders are sobering like it's 1979
The turmoil in the financial sector, compounded by the troubles of Fannie Mae and Freddie Mac, has made getting a mortgage these days tougher than it has been in decades. Squeamish lenders, with plenty of potentially poor-performing loans already on their books, are not about to take any chances in extending credit today, especially with home prices soft in so many cities. ...
Read more News Source - Market Watch
Publish date - 17:33:07 07/18/08

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Home Front: Sacramento area's biggest mortgage lenders are ailing
Times have changed – definitely, for the worse – for more than half the lenders who dominated the Sacramento-area mortgage market during the excesses of the housing boom.
Read more News Source - The Sacramento Bee
Publish date - 07:12:13 07/18/08

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30-year mortgage rate continues to decline
Mortgage rates continued to retreat, with the average conforming 30-year fixed mortgage rate falling to 6.42 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.
Read more News Source - Courier-Post
Publish date - 07:13:38 07/20/08

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Relief in the mortgage market as lenders finally start lowering rates
Mortgage lenders have finally started to cut their rates - bringing welcome relief for homeowners.
Read more News Source - Daily Mail
Publish date - 16:17:29 07/17/08

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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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A private mortgage insurance loophole
Q: I keep reading about the subprime mortgage meltdown, the subsequent foreclosures and lenders going out of business. I thought that private...
Read more News Source - Seattle Times
Publish date - 07:33:00 07/20/08

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Mortgage squeeze tightens further
The mortgage squeeze continues to tighten with a further drop in lending, says the Council of Mortgage Lenders.
Read more News Source - BBC News
Publish date - 12:46:28 07/18/08

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Mortgage lending fell in Britain in June
LONDON, July 18 (UPI) -- The Council of Mortgage Lenders in Britain has asked the Bank of England to extend its liquidity programs to help support a flagging industry.
Read more News Source - UPI
Publish date - 15:17:24 07/18/08

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Bankers survey shows support for mortgage bailout
Most rural bank CEOs surveyed in eleven Midwestern and Plains states support a federal bailout of mortgage lenders Fannie Mae and Freddie Mac in the event of financial collapse.
Read more News Source - AP via Yahoo! Finance
Publish date - 15:10:00 07/18/08

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Mortgage market weathers storms
The tribulations of Fannie Mae, Freddie Mac and IndyMac Bank have dominated headlines for more than a week, but the mortgage industry is more or less thumping along at the rate it was before the market went into convulsions. Home loan applications are up,...
Read more News Source - San Francisco Chronicle
Publish date - 07:20:31 07/20/08

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Q: Are fees charged by mortgage lenders set?
A: No, but they're limited. The new mortgage law passed by the General Assembly specifies that an originating lender or mortgage broker can receive no more than $2,000 or 4 percent of the loan amount, whichever is greater, from the consumer.
Read more News Source - Louisville Courier-Journal
Publish date - 09:00:06 07/18/08

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When Scott Almeida walked out of federal prison and into the mortgage business, he took a gamble
When Scott Almeida walked out of federal prison and into the mortgage business, he took a gamble. He admitted on his license application that he had been convicted of cocaine trafficking.
Read more News Source - Miami Herald
Publish date - 07:23:59 07/20/08

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Mortgage lending falls again in June
Fewer mortgages were again issued last month as the credit crunch continues to hit lenders, latest figures from the the Council of Mortgage Lenders indicate.
Read more News Source - ShareCast via Yahoo! UK & Ireland Finance
Publish date - 13:41:30 07/18/08

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Mortgage drought deepens on 32% lending fall
UK mortgage lending fell by 32 per cent in the year to June and is will worsen further if the Bank of England raises interest rates in a bid to combat inflation, mortgage lenders warned today.
Read more News Source - Times Online
Publish date - 10:49:05 07/18/08

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Lenders' status
Homeowners aren't the only ones struggling with loans taken out in the past few years. From June 2005 to June 2007, the region's top 10 mortgage lenders made 176,451 purchase, refinance and home equity loans in El Dorado, Placer, Sacramento, Sutter, Yolo and Yuba counties, according to DataQuick Information Systems. Here's a look at where they stand today.
Read more News Source - The Sacramento Bee
Publish date - 07:12:53 07/18/08

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