Countrywide Borrowing Triggers Call for Review

Countrywide Borrowing Triggers Call for Review
Wall Street Journal - Sen. Charles Schumer, a New York Democrat, urged regulators to examine potential risks posed by a rapid increase in lending by the Federal Home Loan Bank of Atlanta to Countrywide Financial Corp., the nation’s biggest mortgage lender by volume. In a

Lax oversight spurs foreclosures
Detroit News - Those who want to be fair to customers seldom have training in the intricacies of home loan laws or government programs that often offer better interest rates to low-income buyers. It was only after Nicole Jackson left the mortgage industry that she

Mall magic for kids
Pittsburgh Post-Gazette - Marx became involved with The Kid Company when he was looking for a business after retiring early from a 25-year banking career that included 10 years as chief financial officer of the Federal Home Loan Bank. “We have more than 100 mentors signed up

Where’s mortgage pain worst?
News.com.au - Unfortunately rising interest rates and the cost of living are having a profound affect on working families, which appears to be extending to their home loan repayments,” Cr Barber said in an email to AAP. Guildford has, according to the 2006 Census

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