LONDON, Dec. 4 (UPI) -- Several British banks Thursday contradicted the government's claim that they had endorsed Prime Minister Gordon Brown's mortgage rescue plan.
WASHINGTON, Nov. 18 (UPI) -- U.S. Rep. Barney Frank, D-Mass., Tuesday took U.S. Treasury Secretary Henry Paulson to task for the government's failure to buy up problem mortgages.
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.
COPENHAGEN, Denmark, Nov. 3 (UPI) -- Denmark said Monday it would buy up to $3.73 billion worth of mortgage bonds to help both homeowners and financial firms.
WASHINGTON, Oct. 29 (UPI) -- U.S. Treasury and Federal Deposit Insurance Corp. officials are working on a plan to help struggling homeowners avoid foreclosure proceedings, sources said.
WASHINGTON, Sept. 27 (UPI) -- Mortgage giant Freddie Mac was quickly shedding mortgages in an effort to raise cash when it was seized by the U.S. government, new figures show.
WASHINGTON, Feb. 22 (UPI) -- Falling home equity has trapped 8.8 million U.S. homeowners in mortgages worth more than their homes' probable selling price, The New York Times reported.
WASHINGTON, Dec. 3 (UPI) -- The U.S. Treasury Department is "aggressively pursuing" a three-part plan to help homeowners avoid foreclosures, Treasury Secretary Henry Paulson said Monday.
PHOENIX, April 22 (UPI) -- Authorities in Phoenix are warning mortgage holders with financial troubles to watch out for scams involving so-called foreclosure rescue companies.
MCLEAN, Va., March 15 (UPI) -- The benchmark 30-year fixed-rate U.S. mortgage average was unchanged at 6.14 percent, U.S. mortgage finance company Freddie Mac said Thursday. The same mortgage averaged 6.34 percent a year ago, the company officially known as the Federal Home Loan Mortga