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Mortgages are bulk of troubled Citigroup assets – Reuters

Mortgages are bulk of troubled Citigroup assets
Reuters


NEW YORK, Feb 27 (Reuters) – Mortgage and real estate assets constitute more than two-thirds of the $300.8 billion Citigroup Inc (CN: Quote, Profile, Research) portfolio in which the government agreed to share in losses, the bank said on Friday. …
Citi's gov't covered assets are mostly real estate related International Business Times
all 10 news articles

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February 27th, 2009 | Category: Mortgage | Comments are closed

Putting off the real day of reckoning? – Los Angeles Times


Voice of America
Putting off the real day of reckoning?
Los Angeles Times, CA


Is there a better way to speed the process so that more needless foreclosures can be averted without simply kicking the foreclosure can down the road a few months? The homeowner rescue plans so far have been failures. Either few troubled borrowers have …
HUD secretary, Congress debate foreclosure plans The Associated Press
Schumer:2/3 Of Mortgage Servicers Agree To Foreclosure Plan CNNMoney.com
Obama’s two-step housing proposal a good start Atlanta Journal Constitution
The Indypendent - San Gabriel Valley Tribune
all 395 news articles

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February 27th, 2009 | Category: Foreclosure | Comments are closed

Essex Announces Changes to Its Board of Directors – CNNMoney.com


SYS-CON Media
Essex Announces Changes to Its Board of Directors
CNNMoney.com


Essex Property Trust, Inc. (NYSE: ESS), a real estate investment trust (REIT) with apartment communities located in targeted West Coast markets, announced today that William A. Millichap will be retiring from the Company's Board of Directors …
Essex Property Trust to Participate in Two Conferences CNNMoney.com
all 21 news articles

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February 27th, 2009 | Category: Real Estate | Comments are closed

Fighting Foreclosure in Frogtown and beyond – KARE


Finance and Commerce
Fighting Foreclosure in Frogtown and beyond
KARE, MN


More federal help is coming to Minnesota to fight the foreclosure crisis. The Minnesota Housing Finance Agency is getting millions of dollars to use for rehabilitation and redevelopment of foreclosed homes in crisis areas. "Thank you all for coming out …
Foreclosure relief on way to 21 Minnesota counties, cities Finance and Commerce
Frogtown one of many in state's $38M foreclosure plan KSTP.com
Federal money available for renovation of abandoned and foreclosed … MinnPost.com
all 7 news articles

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February 27th, 2009 | Category: Foreclosure | Comments are closed

Fannie Mae Jan portfolio down; delinquencies jump – Reuters


RTT News
Fannie Mae Jan portfolio down; delinquencies jump
Reuters


N: Quote, Profile, Research), the largest US home funding company, on Friday said its mortgage portfolio declined in January, while delinquencies on loans it guarantees accelerated in the previous month. The delinquency rate on conventional …
Fannie Mae Falls as Losses Pile Up TheStreet.com
Fannie Mae calls for more capital after $25.2bn loss Telegraph.co.uk
Fannie Mae reports fourth-quarter loss of $4.47 a share MarketWatch
Forbes - Trading Markets (press release)
all 151 news articles

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February 27th, 2009 | Category: Mortgage | Comments are closed

Fannie Mae portfolio shrank in January, delinquencies jump – Reuters


RTT News
Fannie Mae portfolio shrank in January, delinquencies jump
Reuters


N: Quote, Profile, Research), the largest US home funding company, on Friday said its mortgage portfolio declined in January, while delinquencies on loans it guarantees accelerated. The delinquency rate on conventional single-family mortgages jumped …
Fannie Mae Falls as Losses Pile Up TheStreet.com
Fannie Mae calls for more capital after $25.2bn loss Telegraph.co.uk
Fannie Mae Releases January 2009 Monthly Summary Trading Markets (press release)
MarketWatch - Forbes
all 151 news articles

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February 27th, 2009 | Category: Mortgage | Comments are closed

Real Estate Trends – Washington Post

Real Estate Trends
Washington Post, United States


Search for new homes, condos, and other real estate in Washington, DC, Maryland and Virginia. Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are …

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February 27th, 2009 | Category: Real Estate | Comments are closed

Fannie Mae Jan portfolio shrank,delinquencies jump – Reuters


RTT News
Fannie Mae Jan portfolio shrank,delinquencies jump
Reuters


N), the largest US home funding company, on Friday said its mortgage portfolio declined in January, while delinquencies on loans it guarantees accelerated. The delinquency rate on conventional single-family mortgages jumped 0.29 percentage point in …
Fannie Mae Falls as Losses Pile Up TheStreet.com
Fannie Mae calls for more capital after $25.2bn loss Telegraph.co.uk
Fannie Mae Releases January 2009 Monthly Summary Trading Markets (press release)
MarketWatch - Forbes
all 133 news articles

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February 27th, 2009 | Category: Mortgage | Comments are closed

Mortgage fraud nets Bellevue man 7-year sentence – Bizjournals.com


Seattle Times
Mortgage fraud nets Bellevue man 7-year sentence
Bizjournals.com, NC


A Bellevue man was sentenced to seven years in jail and ordered to pay $2.5 million in restitution for his role in a mortgage fraud scheme. Christopher G. Brooks, 39, was sentenced in US District Court in Seattle for his role in fraudulently netting …
Mortgage-fraud defendant sentenced to seven years in prison Seattle Times
Former loan officer sentenced to seven years for fraud Seattle Post Intelligencer
Bellevue man gets 7 years for fraud conspiracy Bellingham Herald
all 10 news articles

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February 27th, 2009 | Category: Mortgage | Comments are closed

Mortgage deductions: Wealthy on the losing end – CNNMoney.com


CNBC
Mortgage deductions: Wealthy on the losing end
CNNMoney.com


Specifically, that would include slashing mortgage interest deductions for high-income taxpayers. The proposal would cap at 28% the tax break for itemized deductions. That would leave people in higher marginal tax brackets of 33% and 35% – the …
Mortgage interest tax deduction cut criticized San Francisco Chronicle
Is Your Mortgage Deduction Under Fire? Washington Post
Obama's tax plan will hit Silicon Valley hard San Jose Mercury News
Financial-Planning.com - Real Estate News | BiggerPockets.com
all 84 news articles

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February 27th, 2009 | Category: Mortgage | Comments are closed
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