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News about Mortgages:
Uncertainty abounds over Fannie, Freddie's ability to raise capital ... - Los Angeles TimesNEW YORK (AP) _ As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two ...
Obama sharpens attack on McCain - ReutersCHESTER, Virginia (Reuters) - Democrat Barack Obama attacked Republican John McCain on Thursday for not knowing how many houses he owns and said it proves his presidential rival is out of touch with the economic struggles of most Americans. Obama ...
Wells Fargo Is a Survivor - Street.Com2008-08-19 15:25:18.0 Did John Stumpf stump me when I interviewed him on "Mad Money at the Half" today? Did the Wells Fargo CEO dodge the Level Three inquiries I had -- you know, that stuff that's hard to price and hard to get rid of, not to mention ...
Dion links Walkerton, planned cuts to food scrutiny - Globe and MailShawn Bull from Canada writes: Is Dion using the current death of one person and the sickness of others to score political points? The article leads me to believe that this is a proposal only yet Dion makes it sound as though all of these are linked ...
Producer Prices Up 1.2% In July - Washington PostA $15,000 discount is advertised on the windshield of an unsold 2008 Ram pickup truck at a Dodge dealership in Colorado Springs, Colo., Aug. 3, 2008.
Some big-name funds may ride Fannie and Freddie to zero - Los Angeles Times BlogsWith shares of mortgage giants Fannie Mae and Freddie Mac continuing their slide today to new multi-year lows, the market once again is signaling that the two companies’ common shareholders are likely to be wiped out. If that’s the case, some big ...
Should Fannie and Freddie Management Be Fired? - Wall Street JournalThe businesses of Fannie Mae and Freddie Mac are casualties of the credit crunch. Should their managements be as well? It is something the Treasury Department is considering. “Among the issues being debated is whether to force out management as ...
Please Not Biden - SlateWhy Biden Would Be Bad: There's a bit of C-SPAN tape that should surface quickly if he's named. ... Remember, it wasn't Biden's plagiarism that knocked him out of the 1988 race. It was "''I think I have a much higher I.Q. than you do.'' ... [ you got ...
Wholesale prices surge - Pueblo ChieftainWASHINGTON - Wholesale inflation soared in July, leaving prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked, some economists worry about the ...
POLICE BEAT / Solicitors, check larceny and missing wallets - Cohasset MarinerA walk-in to the police station last week reported that someone had cut the lock off her skiff near the Olde Salt House and let it float away sometime on Saturday (Aug. 2). She had left her skiff the night before and when she returned to the harbor ...

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Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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