Another lawsuit against Countrywide
Submitted by RealEstateMan (bestcashcow.com)
Conn. lawsuit says that Countrywide misled borrowers. Associated Press / August 7, 2008
Investing, Economy, Stocks, Real estate, Apple, Google, Inflation, Retirement, China, Housing, Oil, Banks, Interest rates, Recession, Iphone, Housing bubble, Personal finance, Credit, Countrywide, Credit crunch, Stock market, Federal reserve, Dividend, Banking, Bank of america.
Related Tags: Housing, Jumbo mortgage, Subprime, Credit crunch, Real estate, Mortgage rates, Countrywide, Real, Housing bubble, Hedge funds, Estate, Loans, Home prices, Citigroup, Banking, Debt, Lending, Sub, Crisis, Foreclosure, Capital one, Credit-crunch, Finance, Freddie mac, Mortgage.
Conn. lawsuit says that Countrywide misled borrowers. Associated Press / August 7, 2008
As a result of the collapse of the housing bubble, families across all age groups will see a substantial reduction in their wealth compared to the 2001 and 2004 levels. Per the following...
Freddie Mac may slow the purchase of mortgages from banks, reducing the amount of credit available to borrowers and driving up mortgage rates.
It looks like the major banks, at the urging of the Government, will be expanding their efforts to help homeowners. Thankfully, it appears that no government funds are being used.
Facing new writeofs, Citi could be looking to get as much as $10 billion, likely all from foreign governments...Countrywide Corp. on collision course with bankruptcy...
The recent spike in home foreclosures in Massachusetts is caused primarily by falling housing prices, and not by rising mortgage payments, according to research released yesterday by the Federal...
Fortune.com posted an interesting article about some account changes that Fannie has made that helps to hide an increase in non-performing loans. The disclosures sent the stock down almost 5% on...
Some savvy investors are realizing that it's a good time to buy low and are looking into acquiring low-priced mortgages. After all, they can't all be bad.
Effective immediately Capital One is sutting down its mortgage unit GreenPoint Mortgage. The companys stock is taking a beating. The damage continues.
It's becoming harder and harder to get a jumbo mortgage. Here's why.
Countrywide is experiencing severe stress on its business. Certainly, even if it survives it will not be the same company.
If you are planning to buy a home and take out a mortgage $417,000 or over, you might be in trouble. The rates on these mortgages are climbing fast.
You wouldn't know that judging by the news that mortgage rates are falling. They are. But Jumbos are rising since banks are becoming more cautious for loans they can't sell to one of the large...
| Page 1 of 2 | Next page » | Last page » |
BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.
|
Type
|
Interest Rate
|
Institution
|
|
4.76%
|
EverBank
|
|
|
2.54%
|
Fidelity
|
|
|
3.56%
|
Corus Bank
|
|
|
4.25%
|
Corus Bank
|
|
|
5.00%
|
Washington Mutual
|
|
|
4.36%
|
E-Loan
|
|
|
4.50%
|
Wachovia Bank
|
|
|
4.81%
|
Discover Bank
|
|
|
5.23%
|
Discover Bank
|
|
|
4.84%
|
US Treasury
|
|
|
3.50%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
|
3.67%
|
Northrop Grumman FCU
|
|
|
4.06%
|
Melrose CU
|
|
|
4.22%
|
Melrose CU
|
|
|
4.32%
|
Melrose CU
|
|
|
1.83%
|
Various brokerages
|
|
|
2.01%
|
Various brokerages
|
|
|
2.38%
|
Various brokerages
|
|
|
3.10%
|
Various brokerages
|
|
|
3.84%
|
Various brokerages
|
See more product and rate information
Where do you think Interest rates are going?