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HUD calls for greater mortgage disclosure
Philadelphia Inquirer - ... comparisons among lenders when they shop to buy a house or refinance a mortgage. It ... borrowers from getting the most competitive interest rate and loan ... federal disclosure form be given to consumers refinancing a mortgage or borrowing to buy a home. ...
Publ.Date : Sat, 15 Mar 2008 06:58:00 GMT

Bush seeks to clarify mortgage information
Bradenton Herald - ... Act would mandate a federal disclosure form to be given to consumers who refinance a mortgage or borrow to buy a home. The form is simpler than private-industry disclosure forms, which can vary widely state by state. It includes a summary of loan ...
Publ.Date : Sat, 15 Mar 2008 02:12:00 GMT

U.S. Home Defaults, Foreclosures Rise 60% in February (Update3)
Bloomberg - ... in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance ... A surge in defaults among subprime borrowers spurred the collapse of the U.S. home loan market and has led more than 100 mortgage companies to stop ...
Publ.Date : Thu, 13 Mar 2008 18:21:00 GMT

Key lawmakers seek wider FHA role in mortgages
Reuters - ... FHA) a bigger role in tackling the nation's worsening home mortgage and ... the proposal, which he warned could change, would help refinance up to two million home ... to help high-risk or low-income borrowers win better loan terms by insuring mortgage ...
Publ.Date : Thu, 13 Mar 2008 20:44:00 GMT

US home loan demand drops as rates near 5-month high
Economic Times - US mortgage applications dipped last week, reflecting lower demand for home loan refinancing as interest rates surged to their highest since October ... Consumers seeking to refinance their existing home loans tend to be highly sensitive to shifts in ...
Publ.Date : Thu, 13 Mar 2008 07:51:00 GMT

U.S. regulators unveil plan to revamp mortgage rules
MSN MoneyCentral - ... of underwriting standards for lower-quality home loans ... brokers, stiffer federal and state oversight of all mortgage originators, and new rules to force more disclosure of loan ... make it harder for people with marginal credit to refinance ...
Publ.Date : Thu, 13 Mar 2008 20:44:00 GMT

Mortgage-backed securities sink Carlyle Capital
USA Today - ... margin call รข€” to secure the loan. If the borrower does not meet the margin call, the lender may sell the security. The value of mortgage-backed securities has plummeted as U.S. home prices fall ... the fund's negotiations with its lenders to refinance ...
Publ.Date : Thu, 13 Mar 2008 15:57:00 GMT

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