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WaMu becomes biggest bank to fail in US history - The Associated Press


The Associated Press

WaMu becomes biggest bank to fail in US history
The Associated Press - Sep 26, 2008
WaMu ran into trouble after it got caught up in the once-booming subprime mortgage business. Troubles then spread to other parts of WaMu's home loan ...

JPMorgan Chase buys WaMu assets after FDIC seizure - The Associated Press


The Associated Press

JPMorgan Chase buys WaMu assets after FDIC seizure
The Associated Press - Sep 25, 2008
Troubles spread to other parts of WaMu's home loan portfolio, namely its "option" adjustable-rate mortgage loans. Option ARM loans offer very low ...

JPMorgan Chase buys WaMu assets after FDIC seizure - The Associated Press


JPMorgan Chase buys WaMu assets after FDIC seizure
The Associated Press - Sep 25, 2008
Troubles spread to other parts of WaMu's home loan portfolio, namely its "option" adjustable-rate mortgage loans. Option ARM loans offer very low ...

Ken Heebner Buys Peabody Energy Corp., CONSOL Energy Inc., Hess … - GuruFocus.com


Ken Heebner Buys Peabody Energy Corp., CONSOL Energy Inc., Hess ...
GuruFocus.com, TX - 2 hours ago
Wells Fargo & Company is a diversified financial services company providing banking insurance investments mortgage and consumer finance services through ...

Why did my mortgage payments go up so much in the past year? - Creative Loafing Tampa


Why did my mortgage payments go up so much in the past year?
Creative Loafing Tampa, FL - Aug 13, 2008
And some loans -- those underwritten by the VA or FHA or where there is less than 20 percent equity in the home -- require an escrow. ...

Wachovia’s Pragmatic Mortgage Resolution - istockAnalyst.com


Wachovia’s Pragmatic Mortgage Resolution
istockAnalyst.com, OR - Jul 23, 2008
Wachovia then intends to sell these new marketable mortgages, clearing its book. Wells Fargo will freeze the adjustable rates on its home equity loans to ...

One man's relentless fight for his home - The Star-Ledger - NJ.com


The Star-Ledger - NJ.com

One man's relentless fight for his home
The Star-Ledger - NJ.com, NJ - Jul 6, 2008
Morris then met with Timothy Jackson at Wells Fargo Home Mortgage to get started on a reverse mortgage. But to do so, the house had to have a certain amount ...

Direction of interest rates a critical factor in refinancing - MarketWatch


Direction of interest rates a critical factor in refinancing
MarketWatch - Jul 3, 2008
For what it's worth, another cut in the federal funds rates is "not good news for mortgages," says Jimmy McMillian, economic advisor with Ascent Home Loans ...

With More Loan Defaults, 2 Conn. Firms Reap Millions - FOX 61 NEWS


With More Loan Defaults, 2 Conn. Firms Reap Millions
FOX 61 NEWS, CT - Jun 22, 2008
With home prices falling, banks began moving aggressively to foreclose on houses with delinquent mortgages; with little or no equity in the homes, ...

Cities fight foreclosures with unusual tactics - USA Today


Cities fight foreclosures with unusual tactics
USA Today - Jun 20, 2008
The government has expanded the authority of the Federal Housing Administration to allow more borrowers to refinance their loans, and to help home buyers ...


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