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Mortgage News


Countrywide borrowers can get mortgage help - Globe Gazette

6 Oct 2008 at 3:13pm  DES MOINES ? Iowans in danger of defaulting on home mortgages with Countrywide Financial Corp. will soon be able to adjust the terms of their loans to make payments easier. Bank of America, which bought Countrywide in July, has agreed to offer more ...

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More Tales Of Mortgage Meltdown--And What Do We Call This? - CNBC

6 Oct 2008 at 2:37pm  More tales from the front lines of the mortgage meltdown. And I ask you to help me create a word for all this! (See below.) Trying to get a short sale approved by the bank can be akin to buying toilet paper in the old Soviet Union--you need patience ...

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BofA to slash mortgage payments - CNN Money

6 Oct 2008 at 2:09pm  NEW YORK (CNNMoney.com) -- A plan announced today by Bank of America will be the most aggressive foreclosure prevention effort ever undertaken by a U.S. bank. The program, scheduled to start in December, will be open to borrowers who signed up with ...

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Fitch Affirms 2 Classes From 1 GSR Mortgage Loan Trust ... - Forbes

6 Oct 2008 at 2:01pm  Further information regarding current delinquency, loss, and credit enhancement statistics is also available at www.fitchratings.com. Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www ...

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Help on the way for 13,000 Arizona mortgage owners - ABC 15 News

6 Oct 2008 at 1:33pm  There's some welcome news for thousands of Arizonans struggling to keep their homes. Bank of America said Monday it will modify troubled mortgages for nearly 400,000 customers of Countrywide Financial Corporation, the troubled mortgage lender it ...

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Countrywide mortgage pact may be worth $3.5 billion to California loan ... -...

6 Oct 2008 at 1:33pm  An estimated 125,000 Californians who are struggling with risky mortgages from Countrywide Financial Corp. may get their loans modified and payments reduced under a program to be announced today. In a pact that could save mortgage holders billions of ...

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Bank of America settles suits over bad mortgages - Seattle Post Intelligencer

6 Oct 2008 at 1:11pm  In this Sept. 15, 2008 file photo, traffic passes a branch of the Bank of America in New York. Facing a lawsuit over deceptive mortgage practices, Bank of America Corp., said Monday, Oct. 6, 2008, it is agreeing to pay more than $8 billion to modify ...

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