Mortgage Information

In the closing days of 2008, a year fraught with economic turmoil, there are enormous efforts to make 2009 a year of recovery. Is there reason for hope?

Read the original:
[News] Could 2009 Give Us an Economic Recovery?

… Troubled mortgage companies routinely placed Hispanics, Blacks, and borrowers … first liens in 206. Higher-priced loans are subprime and Alt-A loans whose annual percentage rates …

Go here to see the original:
Mortgage discrepancies

… the year Auto leasing may be going the way of the dodo and toxic subprime mortgages, but it was doing incredible business two and three years ago the very …

Credit:
Best and worst used cars of the year

… 10 percent. Almost no industry was spared as the crisis that emerged in the subprime mortgage market metastasized and the economy sank into what could be a long, gray recession. …

The rest is here:
2008 sees 6 years of market gains slip away

… clarity and brevity. Liar applications: As a mortgage broker, I know that too many loans … — W.S., Martinez Greed and ignorance: The subprime crisis is not hard to figure out. …

Continued here:
Readers sound off on economy

… Fed moves ahead with mortgage securities purchase The US Federal Reserve has … credit crunch. That was caused by 2007’s subprime mortgage meltdown which led to the collapse …

Read the original post:
Federal Reserve Fed moves ahead with mortgage securities purchase

… months originated. What started as a problem in the little known area of US sub-prime mortgages and investment products related to the high-risk loans, caused a rapid rise in credit …

Aussie shares suffer worst year ever

… 11 percent. Almost no industry was spared as the crisis that emerged in the subprime mortgage market metastasized and the economy sank into what could be a long, gray recession. …

Excerpted from:
In 2008, 6 Years of Market Gains Are Lost

… 30-year mortgage rate falls for the ninth week By … may have initially bought their homes via sub-prime loans. Jay noted that in 2005, according …

More here:
30-year mortgage rate falls for the ninth week

… that, by the fall, turned into a full-blown economic crisis. A collapse of the sub-prime mortgage market, driven by a fall in housing prices, led to a credit collapse that …

See original here:
ANALYSIS: Top 10 news stories in 2008