US residential mortgage

Washington Times How politicians created US mortgage mess Washington Times - Washington,DC,USA First, the government artificially inflated residential real-estate sales through several laudable - but sloppily executed - policies, such as: (1) tax ... See all stories on this topic

Market injection well planned The Australian - Sydney,Australia That analysis, we have been told, reads: "That as a result (of the US meltdown) the Australian residential market backed securities market has dried up. ... See all stories on this topic

Reuters Santander buys B&B deposits as nationalization looms Reuters - USA ... appeared unwilling to take on B&B's 41 billion pound residential mortgage portfolio amid the global credit crisis and weakening British housing market. ... See all stories on this topic

Bailout legislation section by section Chicago Sun-Times - United States Allows the FDIC to be selected as an asset manager for residential mortgage loans and mortgage-backed securities. The Secretary is required to issue ... See all stories on this topic

Oyi….What is happening in US of A By yogisjournal ie the foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing the house after the owner has failed to comply with an agreement between the lender and borrower. ... Yogis Web Journal - http://yogisjournal.wordpress.com

Emergency Economic Stabilization Act of 2008 Gives Little Hope for ... By Moe In any 18 case in which a Federal property manager is not the owner 19 of a residential mortgage loan, but holds an interest in 20 obligations or pools of obligations secured by residential 21 mortgage loans, the Federal property ... Home Loan Forum - Loan Safe - http://www.loansafe.org/forum

meltdown? By Sad eye(Sad eye) Given that they were new to the residential mortgage business, they ended up with an inordinate share of the bad mortgages, when compared to old hands like Fannie Mae and Freddie Mac. More importantly, they paid for their mortgage ... "Like the fluttering of a butterfly..." - http://iamanarab.blogspot.com/

Philadelphia touts success of mortgage negotiations PHILADELPHIA — A program intended to curb residential mortgage foreclosures in Philadelphia has averted the sale of almost 80 percent of the properties referred to it in its first three months. Arkansas Democrat-Gazette stories:... - http://www2.arkansasonline.com/news/subscriber/national/

Bailout "Framework" Very Close According to Lawmakers. By Eric Salzman Citigroup has been in talks with Wachovia, but the word is that Citi wants a government back stop on Wachovia's terrible residential mortgage portfolio. Perhaps the bailout legislation will take care of that. My only problem is, ... MonkeyBusinessBlog - http://www.monkeybusinessblog.com/mbb_weblog/