Your Search Returned 283 tagged news reports
Old National Bancorp President and CEO Bob Jones said Friday that he doesn't anticipate meaningful improvement in the economy -- such as jobs growth -- for a long time...It could take three or four years." "Yeah, we've hit the bottom. But we'll be there...
Tags: Bob Jones, old national, China, Shanghai, economics, Mortgage-backed security, Bailout, Inflation, Fannie Mae, Subprime mortgage crisis, Fixed income securities, Structured finance, Business Finance
The agency was set up in the depths of the Great Depression to sell cheap mortgage insurance to people, such as first-time buyers, who cannot rustle up a down-payment of more than 3 per cent. These days it is a supposedly self-financing outpost of the...
Tags: FHA, United Kingdom, London, Personal finance, Banking, Subprime lending, Fannie Mae, Freddie Mac, Business Finance, Subprime mortgage crisis, Affordable housing, Mortgage
For the past year or two, we've been chest-deep in all sorts of policies to stem foreclosures...All of this makes for great politics, but usually poor economics. If there's a central theme to the housing crisis, it's that many of those who bought homes...
Tags: Fannie Mae, leasebacks program, open market, Alexandria, Foreclosure, Leaseback, Subprime crisis impact timeline, Federal takeover of Fannie Mae and Freddie Mac, Subprime mortgage crisis, Mortgage, Business Finance
D4L. In order to be eligible for a D4L, or Deed for Lease, you must go through a DIL, short for a deed in lieu of foreclosure. These terms become relevant when your house is underwater -- the market value is less than what you owe.
Tags: Iran, Dīl, Foreclosure, Short sale, Fannie Mae, Loss mitigation, Creative real estate investing, Mortgage, Real estate, Real property law, Business Finance, Subprime mortgage crisis, Finance, Mortgage loan, Banking
First-time homebuyers purchased 47 percent of the homes sold in the past year, the National Association of Realtors said Friday. That's up from 41 percent in the previous year and 36 percent in 2006, the group said. Lawrence Yun , NAR's chief economist,...
Tags: National Association of Realtors, housing market, chief economist, tax credit, San Diego, annual conference, Lawrence Yun, market continue, Information technology management, Marketing, Spam, Real estate pricing, Real estate, Cybercrime, Electronic commerce, Mobile Payment, World Wide Web, Initial public offering, Dollar General, Short, Google, Human-computer interaction, Hypertext, Business Finance, First-time buyer, Real estate economics, economics, Subprime mortgage crisis, United States housing market correction, Real estate broker, Jumbo mortgage, Fannie Mae, Economic history of the United States
Mortgage applications for home purchases fell to a nine-year low last week, despite a decrease in interest rates for 30-year, fixed-rate mortgages. The weekly survey was taken for the week ended Nov. 6, the same day that President Obama signed an extension...
Tags: Federal Deposit Insurance Corp., U.S, FDIC, banks prepay, Washington, Mortgage, Fixed rate mortgage, Refinancing, Business Finance, Bank, Federal Deposit Insurance Corporation, Banking, Bank failure, Mortgage-backed security, Federal Reserve System, Subprime crisis impact timeline, Federal takeover of Fannie Mae and Freddie Mac, Subprime mortgage crisis, Freddie Mac, Fannie Mae, Financial institutions, Deposit insurance, Loan modification in the United States, Federal Housing Administration, Mortgage bank, Government National Mortgage Association, Fixed income securities, Structured finance, Certificate of Deposit Account Registry Service, bank failures in the United States, Sheila C. Bair
Federal Housing Administration's cash reserves has dropped sharply to well below the congressionally mandated level, according to an actuarial study of the agency's finances released Thursday. The FHA's excess reserves available to cover losses have fallen...
Tags: FHA, housing agency, Washington, Mortgage, Banking, United States Department of Housing and Urban Development, Insurance, FHA loan, Federal Housing Administration, Finance, Types of insurance, Business Finance, Actuary, Federal Reserve System, Affordable housing, New Deal agencies, Shaun Donovan, Housing and Economic Recovery Act, Federal assistance in the United States, Subprime mortgage crisis, Fannie Mae, Subprime lending, Loan modification in the United States, Personal finance
Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The Treasury Department last week blocked Fannie Mae from selling about $2.6 billion in low-income housing...
Tags: tax credit, Fannie Mae
The results marked the seventh straight quarterly loss for Washington-based Allied, which announced last month that it would be acquired by Ares Capital of New York for $648 million in an all-stock deal. The acquisition is expected to close in the first...
Tags: Fannie Mae, quarterly losses, Treasury Department, mae seeks, housing market, mae posts, government aid, Freddie Mac, foreclosure prevention, mae asked
Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. The change announced Thursday could give a temporary break to thousands of homeowners, but critics question...
Tags: Fannie Mae, avoid foreclosures