Archive for November, 2009

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Globe and Mail
US gets tough as lenders fail to help homeowners
Independent
US Banks and mortgage companies which are failing to help struggling borrowers refinance into more affordable home loans could
As Treasury Department Stumbles, Liberals Push Tougher Measures to Stem truthout

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Mexico Infonavit Hopes To Make 525000 Mortgage Loans In 2010
Wall Street Journal
Infonavit accounts for more than half of all the home loans made in Mexico every year and is a key source of support for the home-construction industry.

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Feds press for permanent loan mods
Inman.com
Since the federal Home Affordable Modification Program (HAMP) was launched in May, lenders have temporarily modified more than 650000 home loans to lower

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GE eyes JV for home loan biz
Trading Markets (press release)
It is scouting for a joint venture partner to expand its home loan business. It would soon initiate talks with banking entities on the issue.

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MiamiHerald.com
Home Foreclosures Still Up Amidst Government Efforts
KSPR
Then, the banks went out to the brokers and said originate these loans," said Brad Farris of Farris Mortgage. Farris says mortgage lenders are moving as
Treasury gets tougher on home loan reliefReuters
Obama administration pushes to make mortgage modifications permanentLos Angeles Times
Treasury kicks off campaign to help borrowers: Celebrities in mortgage crisis Examiner.com
路透中国 -Bloomberg -Benzinga
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DSNews.com
FHA strips Ideal Mortgage of approval, sets penalty
Reuters
NEW YORK, Nov 30 (Reuters) – The US Federal Housing Administration on Monday said it withdrew approval of Ideal Mortgage Bankers for originating home loans
Is the FHA at Risk?CBS News
More mortgage applicants failing to qualifyExaminer.com
FHA Proposes New Rules to Strengthen Risk ManagementMortgageNewsDaily.com
Housing Wire -DSNews.com -Gaston Gazette
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