Consumers feel fallout from Fannie, Freddie - MSN MoneyCentral
Consumers feel fallout from Fannie, Freddie - MSN MoneyCentral
(AP) - Jeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can’t
Wall Street falls on Freddie, Fannie - Philadelphia Inquirer
NEW YORK - Stocks retreated yesterday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. Weakness in the overall financial sector sent the
Consumers face rising medical debt: survey - Reuters
WASHINGTON (Reuters) - A growing number of U.S. adults are struggling to pay their medical bills, tapping into savings accounts, home equity and credit cards to cover health care costs, according to a survey released on Wednesday. An estimated 72
‘Liar loans’ threaten to prolong crisis - Vacaville Reporter
In the mortgage industry, they are called “liar loans” - mortgages approved without requiring proof of the borrower’s income or assets. The worst of them earn the nickname “ninja loans,” short for “no income, no job, and (no) assets.” The nation’s
Loan firms’ troubles squeeze home mortgage borrowers - Detroit News
Jeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can’t qualify
Dubai issues new mortgage law - AME Info
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