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News about Mortgages:
Paulson says bailout not for mortgage guarantees - Fremont TribuneWASHINGTON - Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring home foreclosures. Paulson and Federal Reserve Chairman Ben Bernanke ...
FDIC OKs CapitalSource commercial bank application - Washington Business JournalThe Federal Deposit Insurance Corp. approved CapitalSource Inc. ’s application to convert CapitalSource Bank to a state-chartered commercial bank in California. CapitalSource Bank -- the subsidiary the Chevy Chase-based commercial lender ...
Forecasters: tough road ahead for the economy - Fremont TribuneWASHINGTON - The country is sinking deeper into the economic doldrums, and it's likely to stay there for a while. That's part of the latest outlook from forecasters in a survey to be released Monday by the National Association for Business Economics ...
Area's unemployed get place to meet for mutual support - Inside Bay AreaThese days, with the nation's economy in a slump, jobs are increasingly hard to find and the number of those unemployed continues to grow. In Silicon Valley, for example, the announcement of layoffs by tech firms and other companies has become ...
Most subprime lenders weren't subject to federal lending law - Orange County RegisterA lot of opinion leaders think so. From the editorial pages of The Wall Street Journal to talk shows to the op-ed page of The Register, people are charging that the Community Reinvestment Act of 1977 forced banks to make bad loans, leading to ...
Driver sent to prison for DUI crash that injured bicyclist - kgw.comPORTLAND -- The man who slammed into a cyclist with his car while trying to steal beer from a grocery store in Northeast Portland is going to prison. Jeremy Jordan was sentenced Friday to five years and eight months in prison. In addition, he will ...
Bay Area home sales up, prices down - Inside Bay AreaThe seesaw effect of rising home sales and falling prices continued in the Bay Area housing market last month as foreclosure sales keep dominating the real estate market. Bay Area home sales increased 38.8 percent in October compared to a year ago ...
Home Prices Rise in Some Metros, Buyers More Active in Other Areas - EarthtimesWASHINGTON , Nov. 18 /PRNewswire/ -- Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly ...
911 calls offer glimpse of SiPort tragedy involving alleged shooter ... - San Jose Mercury NewsNov 20: Transcript of 911 call from SiPort employee: They've been shot in the head Transcript of 911 call from SiPort employee: I saw a gun Transcript of 911 call from SiPort employee: We're on the way Nov 19: Engineer formally charged with murders ...
Poor People's Dinner fund-raiser on Staten Island tonight - Staten Island AdvanceAdvance file photo Gabriel Farini, 8, was one of many youngsters who attended last year's Poor People's Dinner. Project Hospitality is holding its annual Poor People' Dinner tonight at the Hilton Garden Inn in Staten Island's Bloomfield community ...
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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