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Homeowners Have Options For Handling Mortgage Arrears - Newsday
while the government's $700-billion bailout of financial firms does not include retroactive mortgage loan relief to help stave off foreclosures, there are actions homeowners can take to handle mortgage arrears and the legal action that can follow ...
www.newsday.com

Mccain, Obama Clash On Cause, Cure For Econ Crisis
nashville, tenn. — barack obama and john mccain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years tuesday night in a debate in which republican mccain called for sweeping action by the government to directly shield many homeowners from mortgage foreclosure.
www.dailyamerican.com

Aig Execs Massage Away The Stress After 85-bln-dlr Loan: Lawmakers
aig spent more than 440,000 dollars for an executive getaway at a california beach resort just days after the insurance giant was rescued by an 85-billion-dollar us government loan, lawmakers said tuesday.
news.yahoo.com

Mccain Campaign Outlines Mortgage-rescue Plan - San Francisco Gate
during tuesday's presidential debate, mccain, the republican nominee, said he would order the treasury secretary "to immediately buy up the bad home loan mortgages in america and renegotiate (them) at the new value of those homes, at the diminished ...
www.sfgate.com

Cautious Reception For Mortgage Plan - Allentown Morning Call
use the home in question as their primary residence. prove they were worthy of credit when they took the original loan. have provided a down payment on the home. local housing and banking experts are reacting cautiously to john mccain 's proposal to ...
www.mcall.com

Accord Aims To Save Homes
a legal settlement announced monday by countrywide parent bank of america and california attorney general jerry brown promises an $8.4 billion rescue operation to save an estimated 125,000 california borrowers – among 400,000 households nationally – from losing their homes. read the home front real estate blog find foreclosures in the sacramento region view subprime loan and ...
www.sacbee.com

Fed Grants Aig $37.8b Loan
the federal reserve has agreed to provide insurance giant american international group with a loan of up to $37.8 billion, on top of one made to the troubled company last month.
www.wsmv.com

John Mccain's New Foreclosure Plan Is A Giveaway To The Banks - New York Daily News
tuesday night, reaching for a populist answer to the economic crisis that has put the country and incidentally his campaign on its heels, john mccain said that were he president, "i would order the secretary of the treasury to immediately buy up the ...
www.nydailynews.com

Mccain Floats Aid For Homeowners - Detroit Free Press
washington -- even as the campaign of republican presidential candidate john mccain pitched his $300-billion plan to help millions of homeowners whose mortgages threaten their finances, aides to democratic rival barack obama rejected the idea as ...
www.freep.com

Aig Execs Vacationed At Resort After 85-bln-dlr Loan: Lawmakers
aig executives escaped to a pricey california beach resort just days after the insurance giant was rescued by an unprecedented 85-billion-dollar us government loan, lawmakers said tuesday.
news.yahoo.com

Australian Home-loan Approvals Drop To Seven-year Low (update2)
oct. 8 (bloomberg) -- australian home-loan approvals fell in august to a seven-year low, supporting the central bank's decision yesterday to cut the benchmark lending rate by 1 percentage point, the most since a recession in 1992.
www.bloomberg.com

California's Prop. 12 Would Provide Mortgage Funds For Veterans - Los Angeles Times
sacramento -- with hundreds of veterans returning to california from service in iraq and afghanistan, voters are being asked to borrow $900 million to provide low-cost mortgages for those who served in the military. californians have approved similar ...
www.latimes.com

Mccain's Plan For Troubled Home Loans Called Impractical - Newsday
washington - john mccain 's proposal to have the federal government directly buy and refinance troubled home loans would cost about $300 billion, his campaign said yesterday, as the plan was criticized in light of the scale of the mortgage meltdown ...
www.newsday.com

Australian Home-loan Approvals Drop For Seventh Month (update1)
oct. 8 (bloomberg) -- australian home-loan approvals declined for a seventh month, supporting the central bank's decision yesterday to cut the benchmark lending rate by one percentage point, the most since a recession in 1992.
www.bloomberg.com

Learning With The Times: Us Mortgage Loan Crisis
what is a sub-prime loan and how it has brought about the worst finacial crisis ever in the us.
timesofindia.indiatimes.com

Mccain's Plan Calls For Government To Buy Mortgages (update4) - Bloomberg
oct. 8 (bloomberg) -- republican presidential candidate john mccain is proposing the government divert some money set aside for buying mortgage securities and instead purchase home loans. the plan would help homeowners in danger of foreclosure ...
www.bloomberg.com

Northeast Neighbors To Meet Monday - Des Moines Register
northeast neighbors will hold its october meeting at 5:30 p.m. monday at the eastside library, 2559 hubbell ave. the guest speaker will be holly olson from neighborhood finance corp., who will speak about their rescue and repair refinance loan ...
www.desmoinesregister.com

Mccain Floats Aid For Homeowners
washington -- even as the campaign of republican presidential candidate john mccain pitched his $300-billion plan to help millions of homeowners whose mortgages threaten their finances, aides to democratic rival barack obama rejected the idea as "erratic policy-making at its worst."
www.freep.com

Cautious Reception For Mortgage Plan
mccain's pitch: loans must be restructured, not just written off, financial experts say. use the home in question as their primary residence.
www.mcall.com

Getting A Grasp On The Crisis - Washington Post
the $700 billion package approved by congress still needs to be implemented, and any progress could take time. (by mark lennihan -- associated press) as the effects of the financial crisis ricochet around the globe, the number of taxpayer dollars ...
www.washingtonpost.com