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Tag Archive | "outdoors"

BofA settling Countrywide’s Calif. suits for $3.5 billion

Monday, October 6, 2008

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Facing a lawsuit over deceptive mortgage practices, a Bank of America Corp. subsidiary has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general’s office said … Continue here: BofA settling Countrywide’s Calif. suits for $3.5 billion

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Subprime nation

Saturday, October 4, 2008

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JPMorgan buys seized WaMu, deposits are safe; WaMu to slash money for loan losses; Washington Mutual ousts CEO, reaches deal with regulator; OC financial stocks hit after busted bailout; Oil under $100, OC energy stocks hit; OC mortgage … Read the rest of the post here: Subprime nation Share and Enjoy:

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Mortgage markets yawn at bailout

Friday, October 3, 2008

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Despite the hype around President Bush and Congress passing a massive $700 billion package to aid financial markets, mortgage rates didn’t budge today in Orange County, said John Belles, a vice president and sales manager in the Brea … More: Mortgage markets yawn at bailout

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OC loans sell 50% off

Thursday, October 2, 2008

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Underwater owners do short sales to avoid a foreclosure on their record, but I hear from mortgage brokers that a short sale isn’t all that better for one’s credit record than a foreclosure. Campbell’s team may also modify loan terms to … Read the rest of the post here: <a target=”_blank” href=”http://mortgage.freedomblogging.com/2008/10/02/oc-loans-sell-50-off/1964″ title=”Modular Home [...]

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Home Buyers Face Decisions that Affect Their Long-Term Financial … - The Chattanoogan

Wednesday, October 1, 2008

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Home Buyers Face Decisions that Affect Their Long-Term Financial … The Chattanoogan, TN - 1 hour ago When shopping for a home loan , be wary of web-based services that offer programs to reel prospects in with attractive rates that [...]

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Subprime’s dearly departed

Wednesday, October 1, 2008

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Yesterday we began exploring The Fed’s Home Mortgage Disclosure Act database by describing how Washington Mutual quadrupled its bet on subprime lending in 2007, just in time for the housing downturn. Today we’re going deeper, … See the original post: Subprime’s dearly departed Share and Enjoy:

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WaMu’s odd subprime timing

Tuesday, September 30, 2008

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According to the Fed’s Home Mortgage Disclosure Act database, WaMu nearly quadrupled its investment in high-risk subprime (and to a lesser extent Alt-A) loans after the housing boom ended. Citing Mortgage Crisis, Washington Mutual Lays … Read more: WaMu’s odd subprime timing

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Supporters look again to Capitol child care center

Tuesday, September 30, 2008

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Supporters look again to Capitol child care center The popular Capitol Campus Childcare Center was uprooted three months ago to make way for a major state construction project, but times have changed. Continue here: Supporters look again to Capitol child care center Share and Enjoy:

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OC mortgage rates dip amid turmoil

Monday, September 29, 2008

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Mortgage rates in Orange County slid a bit early today as markets digested both the House of Representatives’ rejection of a bailout for financial firms and a takeover of Wachovia’s banking operations by rival Citigroup. … Continue here: OC mortgage rates dip amid turmoil

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OC foreclosure starts plummet amid new law

Monday, September 29, 2008

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A state law that took effect in early September has lead to a dramatic fall in foreclosure starts in Orange County and statewide, according to data compiled by ForeclosureRadar.com at Mortgage Insider’s request. … Excerpt from: OC foreclosure starts plummet amid new law

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