Mortgage funds to be freed to relieve financial hardship - News.com.au
Mortgage funds to be freed to relieve financial hardship - News.com.au
AUSTRALIANS who have their finances frozen in mortgage funds will be able to access their funds if they can prove they are suffering hardship. Many of Australia’s mortgage funds froze their funds after they realised customers were withdrawing cash to
Bernanke Urges `Backstop’ for Mortgage-Bond Market (Update1) - Bloomberg
Oct. 31 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke said the market for mortgage-backed bonds will require some form of government support through either guarantees or insurance programs to weather times of heightened stress. The Fed
Two more sentenced for mortgage fraud - Cleveland Plain Dealer Blog
CLEVELAND — A man and a woman involved in mortgage fraud were sentenced this week to five years in prison. A jury found Robert Huff, 46, of Solon, guilty of theft by deception and Carol McGlothin Smith, 67, of Aurora, pleaded guilty to the same
Solving the mortgage crisis - Los Angeles Times Blogs
An all-star cast of lending experts gathered Thursday and today at UC Berkeley to ponder the excesses that created the mortgage meltdown and what safeguards to build into the home lending system going forward. The 20-20 hindsight part was easy. Brad
JPMorgan to expand mortgage-modification program in bid to avoid - Newsday
NEW YORK (AP) _ JPMorgan Chase & Co. said Friday it is expanding its program to modify mortgages in an effort to avoid foreclosures on up to $70 billion in loans. The enhanced program will include the opening of 24 regional counseling centers, the
Bernanke discusses future of Fannie and Freddie - CNN Money
NEW YORK (CNNMoney.com) — Federal Reserve Chairman Ben Bernanke said Friday that the federal government will need to continue to play a role in the future of the mortgage financing market. In a speech broadcast to an economic symposium in Berkeley
