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News about Mortgages:
Fannie Debt Demand Cut by Currency Concern, Morgan Stanley Says - BloombergSept. 5 (Bloomberg) -- Some Asian central banks may have stopped buying Fannie Mae and Freddie Mac securities because the large share of agency notes and mortgage bonds in their U.S. dollar assets may hinder currency interventions after the value of ...
Government may soon back troubled mortgage giants - BusinessWeekThe government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's ...
Paulson Plans to Take Control of Fannie, Freddie (Update1) - BloombergSept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson is preparing to announce plans to bring Fannie Mae and Freddie Mac under government control, seeking to halt the crisis of confidence in the companies that make up almost half the U.S. mortgage ...
WSJ says gov't may soon back troubled mortgage finance giants Fannie ... - Chicago TribuneWASHINGTON (AP) _ The government may soon step in to provide a financial boost to mortgage finance companies Fannie Mae and Freddie Mac, the Wall Street Journal reported late Friday. The paper said an announcement "could come as soon as this weekend ...
Treasury near plan for Fannie and Freddie - report - CNN MoneyShares of the two troubled mortgage giants have plummeted more than 80% this year on fears about their financial health in the wake of the housing crisis. NEW YORK (CNNMoney.com) -- The Treasury Department is close to finalizing plans for beleaguered ...
U.S. Near Deal on Fannie, Freddie - Wall Street JournalWASHINGTON -- The Treasury Department is putting the finishing touches to a plan designed to shore up Fannie Mae and Freddie Mac , according to people familiar with the matter, a move that would essentially result in a government takeover of the ...
Treasury near GSE bailout plan: report - Washington PostResize WASHINGTON (Reuters) - The U.S. Treasury Department is close to finalizing a plan to buttress mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N), the Wall Street Journal reported on Friday. Citing people familiar with the ...
US government to take control of Fannie, Freddie-papers - ForbesWASHINGTON/NEW YORK (Reuters) - The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ) under federal control, the New York Times and ...
Gov't may soon back Fannie, Freddie - International Herald TribuneWASHINGTON : Fannie Mae and Freddie Mac are expected to be taken over by the government as soon as this weekend in a bold move designed to protect the mortgage market from the risk the companies could fail, a person briefed on the matter said Friday ...
Fannie Mae, Freddie Mac Bailout Close At Hand - HULIQ.comThe Treasury Department is close to finalizing a plan to help shore up mortgage giants Fannie Mae and Freddie Mac, according to people familiar with the matter. Precise details of Treasury's plan couldn't be learned. The plan is expected to involve a ...

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Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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