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Greenspan Examines Federal Reserve, Mortgage Crunch (The Online NewsHour) In the first half of a two-part conversation, Jim Lehrer talks with former Federal Reserve Chairman Alan Greenspan about the recent actions of the Federal Reserve, the country’s mortgage crunch and his new book, “The Age of Turbulence.”
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Panic grips Northern Rock savers for second day (Australian Broadcasting Corporation) Hundreds of worried customers of embattled British bank Northern Rock queued outside branches for a second day to grab savings, ignoring assurances that the mortgage lender will not go bust.
Customers of British mortgage lender panic (Eastday.com) Thousands of customers queued up outside branches […]
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Think flood insurance for hurricane seasonMaineToday.com - When you stop to think about it, if you have a mortgage on your home, and you get flooded with no flood insurance, you’re looking at having to take out a second mortgage to pay for repairs to your home,” he said. For more information, go to floodsmart […]
Pa.’s Mortgage Delinquencies Rise In Second Quarter (WJAC 6 Johnstown) Delinquency rates on residential mortgages rose in Pennsylvania in the second quarter. The Mortgage Bankers Association said it’s propelled by a sharp increase in late payments by homeowners with spotty credit histories.
Mortgage applications rise as rates tumble (USA Today) Mortgage applications rose for a […]