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A collection of news and information related to Mortgages published by Tribune Company sources.
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1786 items on Mortgages
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Stocks Rise Following Sharp Drop in Oil Prices
Associated PressNEW YORK -- Stocks advanced for the second straight session Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy. Investors expect that a sustained pullback in oil prices...Tags: Fannie Mae, Alcoa Incorporated, Federal Reserve, Freddie Mac, New York Stock Exchange
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House Approves Housing Rescue Bill
Associated PressWASHINGTON -- The House has passed legislation that aims to help 400,000 strapped homeowners who are facing foreclosure and prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. The 272-152 vote on Wednesday reflected a...Tags: National Government, Government, Federal Reserve, Corporations, J.P. Morgan Chase & Co.
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House votes to back Fannie Mae, Freddie Mac, stem foreclosures
Los Angeles Times Staff WriterThe House approved a sweeping plan today that responds to the most serious housing crisis since the Great Depression by providing a federal backstop for struggling mortgage giants Fannie Mae and Freddie Mac and aid to homeowners facing foreclosure. In...Tags: Fannie Mae, House, National Government, Government, Freddie Mac
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Wachovia's woes hurt bottom line
MORTGAGE MESS: Wachovia Corp. lost $8.86 billion in the second quarter, and announced plans to leave the wholesale mortgage lending business. The Charlotte, N.C.-based bank is slashing its dividend 87 percent and eliminating 10,750 positions after...Tags: North Carolina, Wachovia Corp., Lost
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State To Revoke CA Mortgage Company License
The Associated PressWashington state plans to revoke the license of a California mortgage broker. The state Department of Financial Institutions says an investigation has found Paramount Equity Mortgage, Inc. engaged in deceptive lending practices. In a statement issued...Tags: California, Paramount, Prosecution
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Banks jolt market with heavy losses
A surprisingly large second-quarter loss at Wachovia Corp. has quickly revived Wall Street's concerns that the financial sector still has a long way to go before it recovers from the year-old credit crisis.
Investors received a cold wake-up call when...Tags: Employees, Wells Fargo & Co., Citigroup Incorporated, National City Corporation, Regions Financial Corporation
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Schuylkill hearing focuses on state blight bill
Special to The Morning CallMunicipalities throughout the state may be able to act more quickly and effectively against owners of dilapidated properties under a state Senate bill slated for a vote this fall, officials said Tuesday at a hearing in Schuylkill County. The Neighborhood...Tags: Punishment, Schuylkill County, Pennsylvania, Bank Robbery, Fines
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How much more foreclosure pain?
Today's questions: There's evidence that a large percentage of modified mortgages with lower interest rates and loans with new repayment plans are going bad again. What does this say about the housing crisis? Previously, Landsburg and Henwood discussed...Tags: Financially Distressed Companies, New York, Manhattan, House, Phil Gramm
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Record home losses in California
Los Angeles Times Staff WritersThe price tag for the nation's housing crisis escalated again with reports Tuesday that a record number of Californians lost their homes to foreclosure in the last three months and that a potential bailout of mortgage giants Fannie Mae and Freddie Mac...Tags: New York, House, Government, National Government, California
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Ex-Haitian strongman testifies at NY fraud trial
Associated Press WriterCivil rights groups claim he was a killer in Haiti but when Emmanuel "Toto" Constant took the witness stand Wednesday, it was to challenge a more mundane label: real estate swindler. The former Haitian paramilitary leader, testifying in his own...Tags: Civil Rights, Jean-Bertrand Aristide, Trials, Justice and Rights, Prosecution
Jul 23, 2008
|Story| KTLA-TV
Jul 23, 2008
|Story| KTLA-TV
Jul 23, 2008
|Story| Los Angeles Times
Jul 23, 2008
|Story| South Florida Sun-Sentinel
Jul 22, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Hampton Roads Daily Press
Jul 23, 2008
|Story| Allentown Morning Call
Jul 23, 2008
|Story| Los Angeles Times
Jul 23, 2008
|Story| Los Angeles Times
Jul 23, 2008
|Story| Associated Press
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