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Finance, Economy & Government Issues Archive


U.S. Mortgage Rates Mixed

By Amy HoakRISMEDIA, September 3, 2007-(MarketWatch)-Long-term mortgage rates headed down this week, while short-term rates moved up, according to Freddie Mac's weekly survey. ...


U.S. and China Renew Cooperation on Affordable Housing

RISMEDIA, September 3, 2007-U.S. Housing and Urban Development (HUD) Secretary Alphonso Jackson and the People's Republic of China Construction Minister Wang Guangtao signed a Memorandum of Cooperation (MOC) that renews the two nations commitment to work together to improve and expand affordable housing opportunities."Through cooperative actions and a sharing of ...


Confused by the Mortgage Maze?

RISMEDIA, August 30, 2007-(MCT)-A day hasn't passed in recent weeks without some discussion of the home lending and liquidity crisis. ...


Week-to-week Mortgage Applications Off 4.0%

By Amy Hoak ...


Finance 101 for Your College Freshman

By Marshall Loeb ...


Mortgage ‘Tap’ Has Been Shut Off: Finance Experts Say Market is Merely Returning to Normal

RISMEDIA, August 28, 2007-(MCT)-The rules of getting a mortgage have changed -- while you were on vacation. ...


UK Mortgage Market Reacts to U.S. Crash

RISMEDIA, August 28, 2007-The Council of Mortgage Lenders stated earlier this month that because of the "structural differences" between U.S. lending and UK regulated lending the UK mortgage market would not be affected. However it has just been revealed that three UK lenders have simply pulled out of the sub-prime ...


U.S. Mortgage Rates Fall

By Amy Hoak ...


Mortgage Experts Launch ‘Better Mortgage Bureau,’ for Consumers Looking for Legitimate Home Loans

RISMEDIA, August 24, 2007-With an entire industry quaking, it was bound to happen. ...


Regional Spotlight: Connecticut Home Mortgage Ranks Among the Nation’s Best

RISMEDIA, August 24, 2007-Annually, Broker's Magazine conducts a nationwide survey of the top mortgage companies and top mortgage originators in their ‘Best of the Best' issue. This is the second year that Shelton-based, Connecticut Home Mortgage made the nationwide list of the Top 50 Loan Brokerage Firms. In 2006, Connecticut ...


Chase Family Opportunity Mortgage Helps Families Buy Homes for College Students, Senior Citizens

RISMEDIA, August 24, 2007-Chase, one of the nation's leading residential housing lenders, announced Chase Family Opportunity Mortgage, to help consumers buy a home for their children attending college or for their elderly parents. ...


Lend America Offers Consumers Relevant Mortgage Solutions

RISMEDIA, August 23, 2007—Lend America, a privately owned direct-to-consumer residential mortgage lender with a core focus on originating government-insured loans, announced its business remains strong. As it continues to help consumers address their mortgage needs, especially now, many other industry players encounter difficulties in the current mortgage environment.  ...


Capital One Closes Wholesale Mortgage Unit

...


JPMorgan Chase Invests $241 Billion in Low- and Moderate-income Families, Communities and Small Businesses

RISMEDIA, August 21, 2007—JPMorgan Chase has announced that it has invested more than ...


The Nation’s Mayors Take Action on Subprime Mortgage Foreclosures

RISMEDIA, August 17, 2007—The United States Conference of Mayors, under the leadership of Conference President Trenton Mayor Douglas H. Palmer, is calling on the Federal Reserve Board to use its authority under the Home Ownership and Equity Protection Act (HOEPA) to protect homeowners from abusive practices which often result in ...