GMAC posts $2.48 billion loss on big write-downs (Reuters via Yahoo! News)
Finance company GMAC LLC posted a $2.48 billion second-quarter loss on Thursday, as rising gas prices forced it to write down sport-utility vehicle leases, while losses in its mortgage lending unit soared.

Essex Announces Second Quarter 2008 Earnings Results - MarketWatch
Essex Announces Second Quarter 2008 Earnings ResultsMarketWatch - 19 hours agoAlso in April 2008, Essex obtained a second mortgage loan in the amount of $17.2 million secured by Kings Road, with a fixed interest rate at 5.6% due in …Cedar Shopping Centers Announces Second Quarter Results Earthtimes (press release)Increased Second Quarter Operating Results Announced by National … MSN MoneyEquity One Reports Second Quarter 2008 Operating Results WELT ONLINEMarketWatch - MarketWatchall 204 news articles

MFA Mortgage Investments, Inc. Announces Second Quarter 2008 … - MarketWatch
MFA Mortgage Investments, Inc. Announces Second Quarter 2008 …MarketWatch - Jul 30, 2008today reported net income of $33.0 million, or $0.20 per share of common stock, for the second quarter ended June 30, 2008. For the second quarter, …

Oneida Financial Corp. Reports 2008 Second Quarter Operating … - MarketWatch
Earthtimes (press release)Oneida Financial Corp. Reports 2008 Second Quarter Operating …MarketWatch - 1 hour agoThe increase in the Company's assets is the result of an increase in loans receivable and an increase in mortgage-backed securities. …North Central Bancshares, Inc. Announces Results for Second … FOXBusinessCapital Trust Reports Second Quarter 2008 Results MarketWatchFox Chase Bancorp Announces Earnings for 2008 Second Quarter MarketWatchMarketWatch - FOXBusinessall 241 news articles

Mortgages: Inflation fears ease, and mortgage rates fall: Freddie Mac (Market Watch)
Mortgage rates have dropped this week, after a fall in commodity prices eased worries about inflationary pressures, according to Freddie Mac s chief economist.

‘Extreme Makeover’ family reaches agreement to avoid foreclosure - Reality TV World
Patricia Harper of Lake City in Clayton County near Atlanta, told WSB-TV that she and her husband took out a second mortgage 15 months ago to finance a construction business.

Many Iowa flood victims doubling up on mortgages, struggling with - U-Wire.com
A soft rain was falling Sunday evening as Mike Venzon took a break from yard work. That mainly consisted of getting what used to be his yard off his driveway. “This would be a nice summer night to have a beer or a glass of wine on the porch,” he said

Return of the little guys: the week in laptops - CNET News
It was nice while it lasted. After a multi-week break from overwhelming netbook news, we were hit with a second tidal wave of tiny systems from Asus, Acer, and Sylvania. Feeling a little left out of the party, LG is supposedly mulling over a netbook

Banks can cut off equity line - Detroit Free Press
Lenders across the nation are reducing or canceling the home-equity lines of credit held by homeowners. Dear David: I obtained a $60,000 home-equity line of credit two years ago, but have never used it. Last week, I received a letter stating that the

Money talks in foreclosure market - Everett Herald
Question: I have seen stories in the paper about foreclosures and that prompted me to look though the legal notices in The Herald where I noticed several notice of trustees sales slated for this month. Could you explain the process of foreclosures? I

A new website offers much needed assistance for those lost in the home - WebWire
It hasn t been the best of times lately for those with a home mortgage. Most of us are feeling the squeeze with rising interest rates, and lenders tightening their lending criteria. Some are taking advantage of lower house prices, but are still

Return of the little guys: the week in laptops - CNET News
It was nice while it lasted. After a multi-week break from overwhelming netbook news, we were hit with a second tidal wave of tiny systems from Asus, Acer, and Sylvania. Feeling a little left out of the party, LG is supposedly mulling over a netbook

Many Iowa flood victims doubling up on mortgages, struggling with - U-Wire.com
A soft rain was falling Sunday evening as Mike Venzon took a break from yard work. That mainly consisted of getting what used to be his yard off his driveway. “This would be a nice summer night to have a beer or a glass of wine on the porch,” he said

The Obamas and their Mortgage (updated) - American Thinker
Sweetheart mortgage loans to Senators are much in the news of late , with calls for increased scrutiny of the solons’ dealings with their mortgage lenders. In this spirit, I took a look at some of the publicly available information on Senator and Mrs

Adair: The mortgage crisis was caused by greed - Milford Daily News
The recent death of a Taunton woman who committed suicide just before her foreclosed home was to be auctioned is but another example of the widespread mortgage crisis facing our nation. Everyday, newspapers are filled with one story after another

A new website offers much needed assistance for those lost in the home - WebWire
It hasn t been the best of times lately for those with a home mortgage. Most of us are feeling the squeeze with rising interest rates, and lenders tightening their lending criteria. Some are taking advantage of lower house prices, but are still

Jul
27

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FHLBank Cincinnati Announces Second Quarter 2008 Results - MarketWatch
FHLBank Cincinnati Announces Second Quarter 2008 ResultsMarketWatch - 14 hours agoThe balance of Mission Asset Activity — which comprises the FHLBank's two main lines of business, Credit Services and the Mortgage Purchase Program — grew …

Amgen's help now problem for some - Ventura County Star
Amgen's help now problem for someVentura County Star, CA - 1 hour agoHe had been recruited from out of the state by Amgen and the company offered him a 3 percent second mortgage to buy a home. When he lost his job, …

Capstead Mortgage Corporation Announces Second Quarter 2008 Earnings - FOXBusiness
Capstead Mortgage Corporation Announces Second Quarter 2008 EarningsFOXBusiness - 13 hours ago… second quarter of 2008 from increased net interest margins on the Company's core investment portfolio of residential adjustable-rate mortgage, or ARM, …

Home foreclosures doubled in second quarter - Summary (EARTHtimes.org)
Washington - US home foreclosure filings more than doubled in the second quarter compared to the year-earlier period as plunging housing prices have continued to threaten mortgage-holders across the United States. Nearly 740,000 households, or one in…

Federal Home Loan Bank of San Francisco Reports Second Quarter … - MarketWatch
Federal Home Loan Bank of San Francisco Reports Second Quarter …MarketWatch - 10 hours ago… (mortgage-backed securities and mortgage loans), as well as higher average advances and investment balances. Other income for the second quarter of 2008 …

Washington Real Estate Investment Trust Announces Second Quarter … - MarketWatch
Washington Real Estate Investment Trust Announces Second Quarter …MarketWatch - 14 hours agoOn May 29, 2008, WRIT entered into three mortgage loans with an aggregate principal amount of approximately $81 million. The mortgage loans bear interest at …

Heritage Bankshares, Inc. Announces Second Quarter and Six Months … - MarketWatch
RTT NewsHeritage Bankshares, Inc. Announces Second Quarter and Six Months …MarketWatch - 15 hours ago… a decrease of $30000 in gains on sales of mortgage loans held for sale and the sale of an investment in the second quarter of 2007 which resulted in a …Cascade Bancorp (Oregon) Announces Second Quarter 2008 Net Income … MSN MoneyFirstbank Corporation Announces Second Quarter and Year-to-Date … MarketWatchUCBH Holdings, Inc. Reports Second Quarter 2008 Financial Results MarketWatchMarketWatch - MarketWatchall 836 news articles

Old Republic Int'l falls to 2nd-quarter loss - Forbes
Old Republic Int'l falls to 2nd-quarter lossForbes, NY - 17 hours ago… a loss in the second quarter, missing Wall Street's estimates, due to continued weakness in the insurer's mortgage guaranty and title insurance lines. …The Chubb Corporation Q2 2008 Earnings Call Transcript Seeking Alphaall 4 news articles

New York Mortgage Trust 2008 Second Quarter Conference Call … - MarketWatch
New York Mortgage Trust 2008 Second Quarter Conference Call …MarketWatch - Jul 23, 2008is scheduled to report financial results for the second quarter ended June 30, 2008 after the close of market on Monday, August 4, 2008. New York Mortgage …Gladstone Commercial Announces June Quarter Earnings Release and … MarketWatchall 61 news articles

L&N Federal Credit Union: Lending Services: Home Mortgages
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Jul
21

Citigroup, Inc. - Seekingalpha.com
Good morning Ladies and Gentlemen and welcome to Citi s second quarter 2008 earnings review featuring Citi Chief Financial Officer Gary Crittenden. Today s call will be hosted by Scott Freidenrich, Director of Investor Relations. We ask that you

Welcoming foreclosure - Columbus Dispatch
Ralph Stover has good credit and a steady job. But he took out a risky interest-only first mortgage and a second mortgage to buy a new 1,900-square-foot condominium in 2003 with no money down.

Record number of Americans deeper in debt - Times-Argus
The collection agencies call at least 20 times a day. For a little quiet, Diane McLeod stashes her phone in the dishwasher. But right up until she hit the wall financially, McLeod was a dream customer for lenders. She juggled not one but two

Novato the mortage meltdown epicenter of Marin - Marin Independent Journal
Special to the IJ/Douglas Zimmerman Jim Stafford (left) of Provident Real Estate shows a real estate-owned property to Steven Leonard last week at Novato s Parkhaven complex. Five of eight Parkhaven sales this year were distressed properties. KIDS

Healing through art, artist’s paintings help families cope with loss - Carroll County Times
“Let’s go see the boys,” Westerville, Ohio, artist Anita Miller says as she heads down the unfinished wooden stairs to her studio. There are “the boys”: Eight life-size oil paintings, images she hopes capture the spirit and personalities of Lima

Given a Shovel, Digging Deeper Into Debt - Herald Tribune
The collection agencies call at least 20 times a day. For a little quiet, Diane McLeod stashes her phone in the dishwasher. Todd Heisler/The New York Times Diane McLeod, now awaiting eviction from the house she hoped to own forever, owes interest

I can’t afford the surcharge on my relationship - Globe and Mail
‘Absence makes the heart grow fungus,” Stephen Page of the Barenaked Ladies once sang. The singer, who was arrested on drug possession charges this week, allegedly after a dispute with his long-distance girlfriend, should have heeded his own advice

Flagstar Bancorp, Inc. Q2 2008 Earnings Call Transcript - Seekingalpha.com
Mark Hammond - Vice Chairman of the Board, President and Chief Executive Officer Paul Borja - Chief Financial Officer and Executive Vice President Welcome to Flagstar s second quarter earnings conference call. My name is Mark Hammond and I am the

Welcoming foreclosure - Columbus Dispatch
Ralph Stover has good credit and a steady job. But he took out a risky interest-only first mortgage and a second mortgage to buy a new 1,900-square-foot condominium in 2003 with no money down.

Healing through art, artist’s paintings help families cope with loss - Carroll County Online
“Let’s go see the boys,” Westerville, Ohio, artist Anita Miller says as she heads down the unfinished wooden stairs to her studio. There are “the boys”: Eight life-size oil paintings, images she hopes capture the spirit and personalities of Lima

Novato the mortage meltdown epicenter of Marin - Marin Independent Journal
Special to the IJ/Douglas Zimmerman Jim Stafford (left) of Provident Real Estate shows a real estate-owned property to Steven Leonard last week at Novato s Parkhaven complex. Five of eight Parkhaven sales this year were distressed properties. KIDS