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Mortgage Forgiven For Woman, 90, Who Shot Herself - World Link
akron, ohio (ap) — mortgage finance company fannie mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff’s deputies attempted to evict her. addie polk’s plight was cited by rep. dennis ...
www.theworldlink.com

Countrywide Reaches $8.4b Fraud Settlement With 11 States - Boston Globe
chicago - countrywide financial corp., the mortgage lender acquired by bank of america , will offer interest rate and loan principal reductions plus other borrower relief valued at $8.4 billion to settle consumer fraud complaints in 11 states. the ...
www.boston.com

Mortgage Companies Lost $560 Per Loan In 2007 - Mba - Reuters
new york, oct 7 (reuters) - u.s. mortgage companies lost an average $560 on every loan originated in 2007 as operating expenses rose, the mortgage bankers association said on tuesday. the loss per loan is up from $50 on 2006, and extends a downward ...
www.reuters.com

Libor For Overnight Dollar Loans Jumps As Credit Freeze Deepens - Bloomberg
oct. 7 (bloomberg) -- the cost of borrowing in dollars overnight in london jumped as u.k. lenders held talks with the government on emergency funding and iceland nationalized its second-biggest bank amid an unprecedented credit squeeze. the london ...
www.bloomberg.com

Coral Gables Lawyer, 2 Others Charged In Mortgage Fraud - Miami Herald
a coral gables lawyer has been charged with helping to broker a crooked mortgage deal that used identity theft to buy a coconut grove house for more than three times what it was worth. delaila estefano, 35, and two men were charged last week with ...
www.miamiherald.com

Study: Losses On New Loans Hit $560 In 2007 - Atlanta Business Chronicle
mortgage applications drop 23 percent study: losses on new loans hit $560 in 2007 u.s. home loan applications take sharp dive mortgage companies nationwide lost an average of $560 on every loan they originated last year, according to the mortgage ...
atlanta.bizjournals.com

Bofa Oks Foreclosure Relief For Californians - San Francisco Gate
(10-06) 18:58 pdt -- more than 120,000 struggling california homeowners could see their monthly mortgage payments lowered after bank of america corp. agreed to provide $3.5 billion in loan and foreclosure relief to settle lawsuits it inherited with ...
www.sfgate.com

Countrywide Agrees To Largest Home Loan Aid Program To Settle Suits - International Herald Tribune
countrywide financial has agreed to the largest program ever to modify home loans, as part of a settlement with officials in 11 states, just days after the u.s. government adopted a giant financial rescue package without any relief for distressed ...
www.iht.com

Homeowners Get Some Relief From Countrywide Financial - Miami Herald
countrywide financial will provide florida homeowners up to $1 billion in mortgage relief under a settlement reached with the state's attorney general over alleged abusive lending practices. the relief will include loan changes for an estimated 57 ...
www.miamiherald.com

Loan-modification Plan Gets Mixed Reviews - Tribune-chronicle
bank of america's new program to enable some homeowners to modify existing countrywide mortgages may help people stay in their homes — but also could shove borrowers into a new cycle of loan failures, analysts said monday. the bank agreed to settle ...
www.insidebayarea.com