Need A Mortgage? Better Get One Because They Are Going Fast - The … - Best Syndication
Best SyndicationNeed A Mortgage? Better Get One Because They Are Going Fast - The …Best Syndication, CA - 15 hours agoThe term "second mortgage" refers to taking out a loan against your house. Let's say you owned a house for a few years and you paid $25000 of your mortgage. …

Walls closing in on homeowners - Seattle Post Intelligencer
KOMOWalls closing in on homeownersSeattle Post Intelligencer, WA - 14 hours agoAnd White kept buying it, refinancing her home or taking out a second mortgage on it 10 times between 1998 and 2005 — boosting the amount she owed from …'Subprime' borrowers getting hurt Alameda Times-Starall 217 news articles

US Stocks Retreat This Week, Pulled Down by Lending Concerns - Bloomberg
US Stocks Retreat This Week, Pulled Down by Lending ConcernsBloomberg - 7 hours ago… since the second quarter of 2003. Shares of Bear Stearns Cos. and Lehman Brothers Holdings Inc., the largest US underwriters of mortgage-backed bonds, …Stocks up on drop in home-loan concerns Philadelphia InquirerUS Stocks Gain for 2nd Day; Bear Stearns Spurs Rally in Banks BloombergUS Stocks Advance as Banks, Homebuilders Help Spark a Rebound BloombergSt. Louis Post-Dispatch - Bloombergall 17 news articles

N.J. tells mortgage lender to stop (The Record)
The state Department of Banking and Insurance said Wednesday that it ordered New Century Financial Corp., the nation’s second-largest subprime lender, to stop doing business in New Jersey and has begun a seldom-used legal procedure to revoke its mortgage-lending license.

Xceed Mortgage presents issue of $500M-plus in mortgage-backed notes (Canadian Business)
TORONTO (CP) - Xceed Mortgage Corp. (TSX:XMC), which lends to homebuyers the banks avoid, has announced plans to issue more than $500 million in mortgage-backed securities.

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