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Government Takes Over Fannie Mae, Freddie Mac - Reuters
washington (reuters) - the u.s. government on sunday seized control of mortgage finance companies fannie mae and freddie mac, launching what could be its biggest federal bailout ever, in a bid to support the u.s. housing market and ward off more ...
www.reuters.com

Ways To Tap Home Equity Without Taking On Mortgage Debt
improbable as it sounds at a time when american homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments.
seattletimes.nwsource.com

National City Offers Lure To Close Home Equity Lines
cleveland — national city corp., which is trying to recover from steep losses in the home mortgage market, is offering a $200 incentive to customers if they voluntarily close equity lines of credit that don’t have a balance.
www.portclintonnewsherald.com

Don't Get Trapped With A Bad Loan - News.com.au
choice warns new mortgage products come with traps new products include 100pc mortgages, 40-year loans, and shared-equity loans in-depth : all the latest interest rates news and features
www.news.com.au

Us Government Takes Over Mortgage Giants - News.com.au
treasury secretary henry paulson announced the us regulator was seizing control of the government-chartered, shareholder-owned firms underpinning trillions of dollars of home loans.
www.news.com.au

A 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 them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments.
www.washingtonpost.com

Just Like That, Home Equity Line Cut In Half
carolyn and joe mottola signed a contract for a new house aug. 14. they deposited a $5,000 check written on their home equity line of credit at wachovia. that same evening, they opened a letter from wachovia dated aug. 11 saying that their $100,000 line of credit had been suspended.
www.newsobserver.com

Exploring A Reverse Mortgage - Minneapolis Star Tribune
consider options: a traditional mortgage, home equity loan or line of credit might prove best. consider costs: weigh high upfront costs in reverse mortgages. one expense is "non-recourse" insurance, so if you collect more in payments than your house ...
www.startribune.com

Skipton Building Society Turns To Mum And Dad In Home Loan Offer - Times Online
mortgage lenders are turning to borrowers' “bank of mum and dad” to offset the risk of lending to cash-strapped first-time buyers. the scarcity of mortgage funding in the credit crunch has made lenders much more wary of lending to borrowers who ...
business.timesonline.co.uk

Exploring A Reverse Mortgage
consider options: a traditional mortgage, home equity loan or line of credit might prove best. consider costs: weigh high upfront costs in reverse mortgages. one expense is "non-recourse" insurance, so if you collect more in payments than your house is worth, your heirs don't pay that balance.
www.startribune.com

Us 'nationalises' Mortgage Lenders
world share markets are bracing for a volatile day of trading after the us government announced it would place the major players in the home mortgage market, freddie mac and fannie mae, into "a conservatorship", essentially nationalising their activities.
cowra.yourguide.com.au

U.s. Takes Control Of Fannie Mae And Freddie Mac - International Herald Tribune
washington : the treasury department seized control of fannie mae and freddie mac, the giant quasi-public mortgage finance companies, sunday and announced a four-part rescue plan that included an open-ended guarantee to provide as much capital as ...
www.iht.com

Companies Seek Share Of Homeowners' Equity - Baltimore Sun
i mprobable as it sounds at a time when american homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments ...
www.baltimoresun.com

Ohio Bank Offers Lure To Close Home Equity Lines
cleveland (ap) - national city corp. is offering a $200 incentive so some of its home equity customers will close their credit lines. that strategy appears based on a concern over higher risk due to declining home values.
www.wxix.com

Cash For A Share In Future Home Appreciation
first of two parts improbable as it sounds at a time when american homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making...
www.sfgate.com

Fannie, Freddie Bailout Offers Bank Stocks Reprieve - Msn Moneycentral
freddie mac ( fre ) stock quote , chart , news , add to watchlist new york (reuters) - financial stocks may rise on monday after the u.s. government took over troubled mortgage companies fannie mae and freddie mac , but this may be only a temporary ...
news.moneycentral.msn.com

Us Mortgage Takeover Promises No Quick Housing Fix - Guardian Unlimited
new york, sept 7 (reuters) - washington's latest attempt to resuscitate the moribund u.s. mortgage business moves the housing market out of the emergency room and into intensive care but by no means cures the patient. the u.s. government announced on ...
www.guardian.co.uk

Companies Seek Share Of Homeowners' Equity
kenneth harney -- nation's housing i mprobable as it sounds at a time when american homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments.
www.baltimoresun.com

Code Of Practice For Home Equity Release Schemes
the safe home equity release plans association, sherpa, today welcomed the release of the government’s voluntary code of practice for reverse mortgage products.
www.scoop.co.nz

Us Takes Over Home Loan Giants - The Age
world share markets are bracing for a volatile day of trading after the us government announced it would place the major players in the home mortgage market, freddie mac and fannie mae, into "a conservatorship", essentially nationalising their ...
business.theage.com.au