A mortgages+refinance

A mortgages refinance

Strains among borrowers with patchy credit are rising, with more falling behind on their mortgages and fewer able to refinance their higher interest rate loans, according to a report by Standard & Poor's, the credit rating agency. The report into the ...

Overdue mortgage payments on rise, says study - Financial Times

Aug. 27 (Bloomberg) -- The U.S. is facing the worst financial crisis since the Depression. You would never know that from the Democrats' platform in Denver or its Republican counterpart, or from listening to Barack Obama or John McCain . While both ...

Financial Crisis Is Absent From Agendas of Parties, Candidates - Bloomberg

The FHA has been turned into the mortgage industry's lender of last resort. Taxpayer price tag? Maybe $100 billion. DENVER -- When the nation's politicians take the stage here and later in St. Paul, Minn., you'll hear a lot of talk about saving the ...

Lending Over Backward - Forbes

(Money Magazine) -- Spend 27 years in Congress and you're bound to encounter more than one financial train wreck. But as Rep. Barney Frank, D-Mass., sees it, the meltdown in the U.S. housing market poses as much of a threat to the nation's economic ...

Housing: Frank talk from Barney Frank - CNN Money

New housing reports out Tuesday show some of the first glimmers of stabilization in the troubled housing market, but economists say there are still significant risks that could undermine a recovery. Home prices fell at a slow pace for the fourth ...

Housing market shows a hint of hope - USA Today

The United States is facing the worst financial crisis since the Depression, but you would never know that from the Democrats' platform in Denver or its Republican counterpart, or from listening to Barack Obama or John McCain. While both candidates ...

Pussyfooting around the crisis - The Age

Aug. 25 (Bloomberg) -- A recovery in the U.S. housing market from the worst slump since the Depression is unlikely until ``well into 2009,'' Housing and Urban Development Secretary Steve Preston said today. ``I think we're right in the middle of it ...

Housing Rebound Unlikely Before 2009, HUD Chief Says (Update2) - Bloomberg

NEW YORK (AP) -- Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday. The fall in application volume is the latest sign of a struggling housing market. On Tuesday, a ...

Mortgage application volume hits multiyear low - Associated Press

BAE'S TURNER SAYS DEFENCE KEY TO UK'S INTERNATIONAL STANDING Mike Turner, the chief executive of BAE Systems (BAES.L: Quote , Profile , Research , Stock Buzz ), has suggested that Britain risks losing its influence abroad unless the government makes ...

PRESS DIGEST - Financial Times - August 26 - Reuters

BAE'S TURNER SAYS DEFENCE KEY TO UK'S INTERNATIONAL STANDING Mike Turner, the chief executive of BAE Systems (BAES.L: Quote , Profile , Research ), has suggested that Britain risks losing its influence abroad unless the government makes defence a ...