Highlights
A collection of news and information related to Mortgages published by Tribune Company sources.
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Stocks End Mixed on Rising Oil, Financial Worries
Associated PressNEW YORK -- Wall Street ended mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector. Stocks ended off their...Tags: Anheuser-Busch Companies Inc., Stock Activities, Stock Broking, New York Mercantile Exchange, Stocks
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Stocks end mixed on rising oil, financial worries
From the Associated PressNEW YORK -- Wall Street closed mixed today after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector. Stocks ended off their lows...Tags: Petroleum Industry, Commodity Markets, New York Mercantile Exchange, Stock Activities, Stock Broking
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Man Tries to Hire Hit-Man to Kill Girlfriend
KTLA NewsSAN CLEMENTE -- A 30-year-old mortgage broker is facing charges in a murder-for-hire plot involving his ex-girlfriend, officials said. Authorities say Dan Villanueva Patino, of San Clemente, met Monday with a man he thought was a contract killer. Patino...Tags: Murder
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Applications hit a multiyear low
Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said yesterday in New York. The fall in application volume is the latest sign of a struggling housing market. On Tuesday, a Commerce... -
Shares in mortgage giants plummet
From wire reportsShares of Fannie Mae and Freddie Mac tumbled in New York trading yesterday to the lowest levels in nearly two decades as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders. Since Monday,...Tags: Fannie Mae, Freddie Mac, Henry M. Paulson, Paul Miller, U.S. Global Investors Incorporated
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IndyMac borrowers offered fixed rates
From wire reportsThousands of troubled home borrowers with loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail. Most...Tags: Financial and Business Services
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Ill. sweeps lending companies for law compliance
Officials say a state task force has conducted a sweep of more than 200 mortgage companies to make sure they're complying with a new law designed to combat predatory lending. Twenty-two examiners will audit randomly selected loan files from the sweep...Tags: Rod Blagojevich, Loans
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Many South Florida owners taking losses to sell homes
South Florida Sun-SentinelSouth Florida is seeing a big jump in the number of homeowners who are selling their properties for less than they paid, highlighting the magnitude of the region's historic housing slump. During the first half of this year, 23 percent of sellers in...Tags: Miramar, Sales, State Budgets, Moody's Corporation, Homes
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Business Briefing - August 21, 2008
AIR PRODUCTS BUYS HYDROGEN TECH COMPANY Air Products and Chemicals Inc. has acquired Harvest Energy Technology, Inc., a Sun Valley, Calif., company that develops hydrogen generation technology for industrial and energy applications. Terms of the deal...Tags: Employees, Fannie Mae, Freddie Mac, Paul Miller, Mail Order Industry
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Is Fed Chief's Grip Correct?
Associated PressThrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades. For many, the verdict is still out on whether he...Tags: Barack Obama, Money and Monetary Policy, Ben Bernanke, Federal Reserve, Elections
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IN BRIEF
Wall Street scored a moderate gain after a volatile session yesterday that saw the major indexes ratchet up and down on the seesawing price of oil and mixed feelings about the financial sector. Concerns about mortgage financiers Fannie Mae and Freddie Mac...Tags: Employees, Petroleum Industry, Stock Activities, Fannie Mae, Television Industry
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More houses return to lender
Chicago Tribune reporterThe number of vacant eyesore homes in your neighborhood could be on the rise. The reason: At auctions, the last legal step in the home foreclosure process, a growing share are ending up back in the laps of lenders instead of sold to third-party...Tags: Foreclosures, Chicago Real Estate, Local Authority, HSBC Finance Corp., Real Estate
Aug 21, 2008
|Story| KTLA-TV
Aug 21, 2008
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Aug 20, 2008
|Story| Associated Press
Aug 21, 2008
|Story| South Florida Sun-Sentinel
Aug 21, 2008
|Story| Allentown Morning Call
Aug 21, 2008
|Story| Associated Press
Aug 21, 2008
|Story| Newsday
Aug 21, 2008
|Story| Chicago Tribune
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