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well fargo home mortgageEditor's note: Minnesotans are worried about their jobs, their health insurance and their mortgages. The 39 children in this year's Holiday Wishes program need shoes, winter coats and food. In this economic climate, it's not easy to ask readers for ... Read more
Holiday Wishes: 'I want to get somewhere' - Pioneer PressBen S. Bernanke doesn't know how lucky he is. Tongue-lashings from Bernie Sanders, the populist senator from Vermont, are one thing. The hangman's noose is another. Section 19 of this country's founding monetary legislation, the Coinage Act of 1792 ... Read more
Register for FREE - Wall Street JournalAs home loans sour at a rapid clip, mortgage finance giants Fannie Mae (FNM) and Freddie Mac (FRE) are aggressively bouncing back defectively underwritten loans to lenders. The result: higher loan-loss reserves for the lenders and new headwind for ... Read more
Headwind For Lenders As Fannie, Freddie Bounce Back Loans - CNN MoneyDec. 4 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities climbed to the highest in a month amid signs the employment market is improving, signaling that interest rates on new home loans may extend a rebound from record lows ... Read more
Mortgage-Bond Yields Jump to Highest in Month After Jobs Data - Bloomberg(Crain’s) — Two suburban retail properties recently were hit with foreclosure lawsuits, another sign of local fallout in the beleaguered retail market. A three-building development in Bedford Park where the now-defunct retail chain Circuit City ... Read more
Foreclosure suits hit suburban retail projects - Crain's Chicago BusinessDec. 4 (Bloomberg) -- Drew Schlosser tried for two years to sell his three-bedroom Punta Gorda, Florida, waterfront condominium for less than he owed on its two mortgages. The deal only went through last month when Wells Fargo & Co . agreed to take a ... Read more
Banks Take Losses on Short Sales as Foreclosures Soar (Update2) - BloombergIn mid-November, Alexi Giannoulias held a Sunday-morning news conference at Flashpoint Academy, a digital-arts school in the Loop, to announce that he was being endorsed for the U.S. Senate by Congresswoman Jan Schakowsky. It wasn't a surprising ... Read more
Alexi's Albatross - CHICAGO READEROrr, Trustee, PrimeWest Mortgage Corp., L6, B4 of the Patriot Place Addition ... to Ralph Dunkelberg III, Trustee, Union Square FCU, L5, B2 of the Bridge Creek Addition, Section 3, aka 4118 Candlewood Cir., $254,700.00, V3437 P196. Edward R. Read more
Matter of Record (Dec. 4) - Wichita Falls Times Record NewsWASHINGTON (AP) — Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to help borrowers at risk of losing their homes ... Read more
Gov't increases pressure on mortgage industry - Eagle-TribuneWells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores and 12,000 ATMs and the internet (wellsfargo. Read more
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