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California Mortgage Loan Article

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San 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.

FHA boosts loan ceiling

Los 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

Fed Chief: Mortgage Crisis to Continue

San 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 ...

Despite crisis, mortgage modifications rare

Washington Post - 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 ...

Merrill quits subprime lending, cuts 650 jobs

Contra 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 ...

Home loan modifications uncommon, report says

Forbes - ... Refinance.com, the nation's premier source for residential mortgage refinancing, has announced new higher mortgage loan limits ... FHA loan limits to $729,750, in large measure to stimulate home sales and refinancing in high-cost areas such as California ...

Refinance.com Announces New Higher Mortgage Loan Limits to $729,750

Bloomberg - ... stock-index futures dropped on concern the housing slump is deepening after Thornburg Mortgage Inc. received a default notice on a $320 million loan ... closed yesterday during an analysts' conference at Intel's headquarters in Santa Clara, California.

U.S. Stock-Index Futures Decline; Thornburg, Intel Retreat

Bloomberg - ... 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 ...

U.S. Stock-Index Futures Decline; Thornburg, Intel Retreat

Contra Costa Times - 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 ...

Government raises cap for backing jumbo loans

Silicon Valley - You can try to get a "bridge" loan allowing you to pay the mortgage on both homes for a time, but rates are high and criteria stringent. ... For programs that may help, visit the California Housing Finance Agency at www.calhfa.ca.gov, Neighborhood ...

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