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california loan mortgageCNBC - WASHINGTON - The government on Wednesday raised the mortgage limits for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties. The Department of Housing and Urban Development released the new loan limits for ... Read more
HUD raises loan guarantee limits in CaliforniaSan Jose Mercury News - Tseng is president of the Silicon Valley chapter of the California Association of Mortgage Brokers. "The FHA loan is indeed a lifesaver for those who have limited down payment or less than perfect credit," Tseng said. Read more
FHA boosts loan ceilingLos Angeles Times - News California | Local National World Entertainment Business Sports Campaign '08 Science Environment ... One of the suggestions Bernanke made was for mortgage and other financial companies to reduce the amount of the loan to provide relief to a struggling owner Read more
Fed Chief: Mortgage Crisis to ContinueSan Francisco Gate - ... modifications were on the upswing, while data collected by a California government agency found that loan modifications increased in late 2007 but have since leveled off. The most upbeat report came from HOPE Now, a nationwide coalition of mortgage ... Read more
Despite crisis, mortgage modifications rareDaily Breeze - Efforts by mortgage lenders to negotiate new loan terms for borrowers at risk of foreclosure are falling short in California, according to a survey of mortgage counseling agencies released Monday by a consumer advocate group. The California ... Read more
Mortgage counselors' efforts get low marksBoston Globe - Bill Halldin, a Merrill spokesman, said most of the job cuts at San Jose, California-based First ... Merrill plans to solicit bids for Pittsburgh-based Home Loan Services in the coming weeks. It also said mortgage lending in its wealth management ... Read more
Merrill quits subprime lending, cuts 650 jobsContra Costa Times - Most of California's mortgage lenders and loan servicers are not helping consumers facing foreclosure, and most will lose their homes, a home advocacy group reported Monday. Most of California's mortgage lenders and loan servicers are not helping ... Read more
Home loan modifications uncommon, report saysReuters - The Brea, California-based parent of Fremont Investment & Loan said the notices from the mortgage purchasers concern its failure to maintain a $250 million tangible net worth. Read more
Fremont Gets Default Notices, Survival ThreatenedChicago Tribune - ... percent down and qualify for a fixed-rate, 30-year FHA loan with consumer-friendly credit, debt-ratio and other underwriting terms. The new federal economic stimulus package raises the maximum mortgage amounts for FHA -- great news for California ... Read more
Mortgage insurers take cue from retrenching lendersBloomberg - ... futures fell on concern credit-market losses are widening after Thornburg Mortgage ... running short on cash since August, tumbled as the notice on a $320 million loan ... said during an analysts' conference at Intel's headquarters in Santa Clara, California ... Read more
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