Headline News Archive

2008

September

11

• Mortgage rates plunge for those who qualify. The government takeover of Fannie Mae and Freddie Mac has sent mortgage rates tumbling, prompting homeowners and would-be buyers to flood loan offices with phone

10

• Lose your house, lose your vote. The chairman of the Republican Party in Macomb County Michigan, a key swing county in a key swing state, is planning to use a list

09

• Mortgage giants’ future: rebuild or teardown. A day after the government seized control of the nation’s two largest mortgage finance companies, policy makers and Congress began what promises to be

08

• Federal Government to takeover Fannie Mae and Freddie Mac (Chinese). 【綜合報道】美國財長保爾森周日宣布，接管陷入財困危機的兩大半官方按揭貸款機構房利美與房貸美，準備注資2000億元，撐住兩房。消息透露，檢討過兩房帳目後，當局發現兩房原來大玩會計財技，誇大資本水平，手頭實際資本遠低官方要求，白宮逼於無奈，只好出手拯救。總統布殊表示，政府出手接管陷入困境的兩房，可望為美國經濟打了強心針。而受美國接管兩房消息影響，亞洲股市普遍造好。(相關新聞刊A2)

• What the takeover means for your mortgage. Fannie Mae and Freddie Mac are the largest buyers of U.S. mortgages. Their takeover is expected to ripple through the economy, affecting U.S.

• Gustav victims face insurance worries. As victims of Hurricane Gustav's fury turn to their insurance companies for help in recovering from the wind and water inflicted damage to their property,

• Four tips to save home energy and your money. Many Americans spent the summer struggling to fill their tanks as the price of gas topped $4 a gallon. Added to that worry this winter will

07

• Take your time with time shares. You're vacationing in the Bahamas with your girlfriends when the charming man in the flowered shirt comes by with offers of a free bottle of

• Mortgage giants in government takeover. Federal officials said Sunday that they will take control of beleaguered mortgage giants Fannie Mae and Freddie Mac in the government's most aggressive move to

06

• New way to tap home equity. Improbable as it sounds at a time when U.S. homeowners have lost billions of dollars in equity, an industry is taking shape to help

• Study: 9% of homeowners late with bill or in foreclosure. An industry group says a record 9.2% of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of

02

• Using nest eggs before maturity. Six months ago, Ivan Sanchez was optimistic about his future. He had recently earned a bachelor's degree in business management and was writing a book

01

• Study: Bankruptcies soar for senior citizens. ST. AUGUSTINE, Fla. — First came the health problems. Then, unable to work, Ada Noda watched the bills pile up. And then, suffocating in debt, the 8

August

31

• Greater risk, higher mortgage rates. Mortgage rates aren't what they used to be - and not just because they're higher. You can normally predict the going rate for a 30-year

• Mortgage fraud up sharply. You might assume that with home purchases and new mortgage volume off by 30% or more in many markets during the last year, loan fraud would

28

• California pay-as-you-drive policies. California drivers could be offered a new -- and often cheaper -- kind of car insurance next year under a voluntary pay-as-you-drive plan proposed Wednesday

• Wake-up call on home equity loans. An increase in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial

26

• Communities become home buyers to fight decay. As a wave of home foreclosures courses through the United States, some of the nation’s hardest hit cities think they have found a way

• Foreclosures ensnare low-income renters. Ruth Cordoba has never owned a home, but she is feeling the effects of the mortgage meltdown acutely. Cordoba, 28, rented a three-bedroom home in Riverside

• Heating bills may burn through wallets. Consumers may be enjoying some relief at the gasoline pump, but another energy shock likely is just around the corner. Winter bills for heating oil,

25

• FBI saw threat of mortgage crisis. ong before the mortgage crisis began rocking Main Street and Wall Street, a top FBI official made a chilling, if little-noticed, prediction: The booming mortgage

• Markets need more regulation, Fed told. Financial markets need to be more tightly regulated to prevent financial crises and quash perceptions that some firms are too big to fail and will

• Heating bills may burn through wallets. Consumers may be enjoying some relief at the gasoline pump, but another energy shock likely is just around the corner. Winter bills for heating oil,

24

• When cutting home price, take one big bite. Cutting the price to get your home sold isn't quite as simple as it seems. When to cut? How much to cut? One big reduction

21

• FDIC throws IndyMac homeowners a lifeline. Federal regulators yesterday announced a plan to systematically modify the loans of at least 25,000 homeowners with mortgages held by failed lender IndyMac in an attempt