Second Mortgage Loan News

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WASHINGTON (AP) - Nevada regulators have shut down Silver State Bank. It was the 11th failure this year of a federally insured bank. The Federal Deposit Insurance Corp. was ...

Silver State Bank in Nevada is shut - star.com.my

Foreclosures accelerated in the second quarter to the fastest pace in almost three decades as interest rates increased and home values fell, prompting more Americans to walk away ...

US mortgage foreclosures rise to new high - Turkish Daily News

Sunday's federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts said. Rates could drop by 1 ...

What rescue means for mortgage rates - CNN Money

Sept. 8 (Bloomberg) -- U.S. stocks dropped led by commodity producers as falling fuel and materials prices signaled global economic growth is slowing. European stocks posted their ...

Asia Day Ahead: U.S. Government Takes Fannie, Freddie Control - Bloomberg

Countrywide Financial Corp. made its second attempt since July to settle claims that it abused the bankruptcy system by losing or destroying mortgage payments, then charging ...

Countrywide tries to settle claims - Turkish Daily News

WASHINGTON -- Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel ...

Auto industry to press Congress for $50B in loans - Raw Story

Sept. 7 (Bloomberg) -- The U.S. government seized control of Fannie Mae and Freddie Mac after the biggest surge in mortgage defaults in at least three decades threatened to topple ...