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Countrywide Financial, America's largest mortgage lender, said Tuesday that more borrowers with good credit were falling behind on their loans and t
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A rise in sales of new homes last month provided an unexpected respite from the steady stream of dismal housing market statistics lately, but economi
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WASHINGTON - President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to
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If you think you have good credit, think again. Chances are there is something on your credit report that can effect your credit rating; this type of
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U.K. mortgage lender Northern Rock PLC (NRK.LN) Tuesday posted full-page advertisements in U.K. national newspapers in an attempt to halt the mass wi
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LONDON (AP) -- Shares in troubled mortgage lender Northern Rock rose Tuesday but worried depositors were again lining up to withdraw their money desp
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Everywhere you look you see people in some sort of financial bother. There’s always some loan that has to be repaid, some bill that has been pending
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The Chairman of the House Financial Services Committee, Barney Frank, conveys concern about the continuing unrest in the mortgage markets and express
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BOSTON (Reuters) - Mortgage originations will fall next year to the lowest levels since 2000, forcing job losses for at least 30,000 more home financ
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What is the difference between a loan officer and a mortgage broker? A loan officer is simply a mortgage sales person who works for a licensed mortga
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Recent years have seen a flurry of proposals and legislation directed toward predatory mortgage lending. The focus, however, has been almost entirely
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Freddie Mac, the No. 2 U.S. mortgage finance company, stunned Wall Street with a unexpectedly wide loss and plans to slash its dividend or use other
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