Bay Mortgage Rates and Information Online from competing Lenders

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News about Mortgages:

Officials announce takeover of mortgage giants - San Mateo County Times
WASHINGTON—The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. Officials announced that the executives of ...

Former bay area lender sentenced to 18 years - St. Petersburg Times
A businessman who helped run a multimillion-dollar mortgage scam in Hillsborough and Pinellas counties is going to prison for 18 years. Attorney General Bill McCollum announced Friday that Orson Benn, former vice president of Argent Mortgage Co. was ...

RPT-Bay Street Week Ahead-One step forward, two steps back - Forbes
TORONTO (Reuters) - Worries over dismal global growth along with sliding oil prices have sent Toronto stocks reeling in the first days of September, and analysts warn the market may have further to fall before it finds its footing. Just three months ...

Takeover imminent for Fannie, Freddie - Inside Bay Area
WASHINGTON — The Bush administration on Saturday prepared to take over the troubled housing finance companies Fannie Mae and Freddie Mac, after concluding the companies don't have enough capital to continue to play their crucial role funding home ...

Reuters Business Summary - Washington Post
Government plan for Fannie, Freddie to hit shareholders WASHINGTON (Reuters) - The U.S. government plans to take over Fannie Mae (FNM.N) and Freddie Mac (FRE.N) and all shareholders of the two mortgage giants will take a hit, an influential lawmaker ...

Rice presses US allies in North Africa for greater cooperation in face ... - Minneapolis Star Tribune
Government takes control of mortgage giants Rice: US and Iraq have 'very open' relationship Government plans to take over loan giants Fannie, Freddie Powerful Hurricane Ike looms as trouble for Gulf Auto industry to press Congress for $50B in loans ...

Feds expected to take over mortgage giants - Bay News 9
The federal government is expected to take over Freddie Mac and Fannie Mae sometime this weekend. (Bay News 9) -- The federal government is taking over embattled mortgage lenders Fannie Mae and Freddie Mac as soon as this weekend. The deal is ...

Government may soon back troubled mortgage giants - San Francisco Gate
The 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 ...

Foreclosure auctions no place for amateurs - San Francisco Gate
Sunday, September 7, 2008 Bluetooth devices clamped to their ears and computer printouts in their hands, a dozen real estate investors clustered on the Alameda County Courthouse steps. Most wore hats and sunglasses against the brutal noontime sun ...

Washington to stabilize mortgage giants - Edmonton Sun
WASHINGTON -- A top House Democrat confirmed yesterday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and Freddie Mac. Representative Barney Frank (D-Mass.), the chairman of the house ...

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