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A collection of news and information related to Mortgages published by Tribune Company sources.
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Citigroup Inc. to close home mortgage division in Des Moines
Citigroup Inc. said Thursday it is closing its home mortgage division in Des Moines, eliminating 190 jobs. CitiMortgage, which mostly services wholesale mortgages, plans to close the site by the end of November. CitiMortgage will offer 44 employees at...Tags: Employees, Citigroup Incorporated
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Man Tries to Hire Hit-Man to Kill Girlfriend
KTLA NewsSAN CLEMENTE -- A 30-year-old mortgage broker is facing charges in a murder-for-hire plot involving his ex-girlfriend, officials said. Authorities say Dan Villanueva Patino, of San Clemente, met Monday with a man he thought was a contract killer. Patino...Tags: Murder, Crimes
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Stocks End Mixed on Rising Oil, Financial Worries
Associated PressNEW YORK -- Wall Street ended mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector. Stocks ended off their...Tags: Stocks, J.P. Morgan Chase & Co., New York Stock Exchange, General Electric Company, Merrill Lynch & Company Inc.
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Stocks end mixed on rising oil, financial worries
From the Associated PressNEW YORK -- Wall Street closed mixed today after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector. Stocks ended off their lows...Tags: Lehman Brothers Holdings Incorporated, Investments, Energy, Financial Markets, UAL Corporation
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Applications hit a multiyear low
Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said yesterday in New York. The fall in application volume is the latest sign of a struggling housing market. On Tuesday, a Commerce...Tags: New York
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Ill. sweeps lending companies for law compliance
Officials say a state task force has conducted a sweep of more than 200 mortgage companies to make sure they're complying with a new law designed to combat predatory lending. Twenty-two examiners will audit randomly selected loan files from the sweep...Tags: Loans, Rod Blagojevich
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Many South Florida owners taking losses to sell homes
South Florida Sun-SentinelSouth Florida is seeing a big jump in the number of homeowners who are selling their properties for less than they paid, highlighting the magnitude of the region's historic housing slump. During the first half of this year, 23 percent of sellers in...Tags: Values, State Budgets, Parkland, Financial and Business Services, Condos
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Business Briefing - August 21, 2008
AIR PRODUCTS BUYS HYDROGEN TECH COMPANY Air Products and Chemicals Inc. has acquired Harvest Energy Technology, Inc., a Sun Valley, Calif., company that develops hydrogen generation technology for industrial and energy applications. Terms of the deal...Tags: Mail Order Industry, California, Employees, Transportation, Freddie Mac
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Is Fed Chief's Grip Correct?
Associated PressThrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades. For many, the verdict is still out on whether he...Tags: John McCain, Money and Monetary Policy, Political Candidates, Central Bank, Financial and Business Services
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IN BRIEF
Wall Street scored a moderate gain after a volatile session yesterday that saw the major indexes ratchet up and down on the seesawing price of oil and mixed feelings about the financial sector. Concerns about mortgage financiers Fannie Mae and Freddie Mac...Tags: Stocks, Manhattan (New York City), Employees, Warrenville, News Corp.
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Shares in mortgage giants plummet
From wire reportsShares of Fannie Mae and Freddie Mac tumbled in New York trading yesterday to the lowest levels in nearly two decades as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders. Since Monday,...Tags: U.S. Global Investors Incorporated, Corporate Officers, Paul Miller, New York, Fannie Mae
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More houses return to lender
Chicago Tribune reporterThe number of vacant eyesore homes in your neighborhood could be on the rise. The reason: At auctions, the last legal step in the home foreclosure process, a growing share are ending up back in the laps of lenders instead of sold to third-party...Tags: Values, Homes, HSBC Finance Corp., Loans, Illinois
Aug 21, 2008
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|Story| South Florida Sun-Sentinel
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|Story| Allentown Morning Call
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|Story| Associated Press
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|Story| Newsday
Aug 21, 2008
|Story| Baltimore Sun
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