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| Bush Moves Against Home Financing Crisis President Bush offered aid for strapped mortgage holders and outlined proposals to help borrowers hard hit by credit problems and the housing slump. He also expressed confidence that the U.S. economy can weather any turbulence. The goal of this initiative is to expand mortgage financing options, identify homeowners before they face hardships, ... 31/08/2007 16:05:00 Business Wire Today, President Bush Announced Steps At The Federal Level To Help Homeowners In Need Of Assistance Avoid Foreclosure. Bush Tackles Home Financing Crisis WASHINGTON (CBS/AP)- President Bush on Friday outlined ways to help homeowners facing foreclosure - the administrations first effort to deal with an expected wave of defaults fueled by the mortgage crisis. Mortgage Firm Sells $500 Million in Stock Thornburg said the sale would help the company resume making loans and buying mortgage-backed securities. Mortgage crisis Q&A Question: Will I still be able to get a mortgage? So far, borrowers with decent credit histories and the ability to document their income — “the majority of the home-buying public” — aren’t being shut out from getting a loan, said Alex Stenback, a Minneapolis mortgage banker and author of the blog BehindTheMortgage.com. “The difference is that there are fewer choices,” said Dan Green, a ... Fund placed bad bets on mortgage companies Arnold Schneiders small-company mutual fund went from best to worst after three of his mortgage company holdings slumped 77 percent this year. FHLB 11th Dist Cost-Of-Funds Index Down To 4.277% In July NEW YORK -(Dow Jones)- The cost of funds in the 11th District, a gauge of thrift deposit and financing costs and a key benchmark for adjustable-rate mortgage securities, was down to 4.277% in July. Resource Lending Group Offers Texas Mortgage Loan Help for Texas Residents Texas has experienced a huge increase in delinquent mortgage payments due to adjustable rate mortgages. Resource Lending Group offers Texas mortgage loan help by helping residents refinance with ease. (PRWeb Sep 1, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/VGhpci1Ib3JyLUluc2UtSW5zZS1UaGlyLVplcm8= Resource Lending Group Offers Texas Mortgage Loan Help for Texas Residents Texas has experienced a huge increase in delinquent mortgage payments due to adjustable rate mortgages. Resource Lending Group offers Texas mortgage loan help by helping residents refinance with ease. US stocks rally on Bush mortgage plan, Fed remarks Washington - US stocks surged Friday after President George W Bush and Federal Reserve chief Ben Bernanke pledged to keep the home mortgage crisis from dampening economic growth. Financial and consumer shares rose after Bush said the US government wo... | |