WASHINGTON, Dec. 4 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages fell dramatically during the week, the Federal Home Loan Mortgage Corp. said Thursday.
WASHINGTON, Dec. 4 (UPI) -- The U.S. Treasury Department is considering direct intervention in the mortgage industry to drive down costs and lift the market, officials said.
WASHINGTON, Dec. 3 (UPI) -- The volume of applications for U.S. mortgages jumped 112.1 percent last week, due to a big drop in interest rates, an industry group said.
WASHINGTON, Nov. 23 (UPI) -- The U.S. Office of Thrift Supervision is being blamed for what critics say was lax oversight of Countrywide Financial Corp.
ABUJA, Nigeria, Nov. 14 (UPI) -- The Nigerian House of Representatives passed a resolution to pressure the government to reject the offer of a $3 billion World Bank loan.
WASHINGTON, Nov. 12 (UPI) -- Federal Deposit Insurance Corp. chairman Sheila Bair said the U.S. Treasury's mortgage modification program unveiled Tuesday does not go far enough.
WASHINGTON, Nov. 11 (UPI) -- The Bush administration Tuesday announced a plan for modifying mortgages to give U.S. homeowners a chance to avoid foreclosure.
WASHINGTON, Oct. 31 (UPI) -- A program meant to help IndyMac mortgage holders begun by U.S. regulators this summer got an uneven response from its intended audience, an official said.
CALABASAS, Calif., Oct. 25 (UPI) -- A move by Countrywide Financial to modify mortgages for homeowners facing foreclosure should be a model for national legislation, consumer advocates say.
WASHINGTON, Oct. 22 (UPI) -- U.S. mortgage lenders are showing more willingness to rewrite loans for troubled homeowners, a trade organization said.
LOS ANGELES, Oct. 5 (UPI) -- Countrywide Financial Corp. has agreed to modify home loans for 400,000 struggling homebuyers as part of a settlement, Legal Newsline reported Sunday.
WASHINGTON, Oct. 2 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages increased slightly in the week ending Oct. 2, the Federal Home Loan Mortgage Corp. said Thursday.
WASHINGTON, Sept. 17 (UPI) -- The volume of applications for U.S. mortgages increased dramatically last week, rising by a seasonally adjusted 33.4 percent, an industry group said.
WASHINGTON, Sept. 16 (UPI) -- The Federal Open Market Committee kept the U.S. central bank's key funds rate unchanged in spite of pressure to add liquidity to struggling financial markets.
NEW YORK, Sept. 15 (UPI) -- New York regulators decided Monday that American International Group can access $20 billion of its own money in the face of a financial crisis.
