Morgage Lenders - Finding Competent Mortage Lenders

We bring you here a list of recently published articles and news items regarding the subject of morgage lenders.

Recently Published  Mortage Lenders Articles and News

Housing ills hit mortgage lenders (San Jose Mercury News)NEW YORK - Shares of mortgage purchasers Fannie Mae and Freddie Mac tumbled Monday after a Federal Reserve official warned that housing market problems are likely to extend into next year and an analyst said accounting changes could leave the two woefully short of necessary capital reserves.

Bond Report: Treasurys ease after Fed oversight request (Market Watch)Treasurys decline slightly after Federal Reserve Chairman Ben Bernanke suggests the central bank be given new powers and mortgage lenders recover from losses in the previous session over concerns of their need to raise capital.

Schwarzenegger signs mortgage bill (The Sacramento Bee)Mortgage lenders must contact California home borrowers to explore loan modifications by phone or in person before starting foreclosure proceedings under a new law Gov. Arnold Schwarzenegger signed Tuesday.

Analyst: Government will stand behind Fannie, Freddie (Market Watch)NEW YORK (MarketWatch) - Mortgage lenders Fannie Mae and Freddie Mac may not have to raise additional capital because of a new accounting law, an analyst for Keefe Bruyette said in a research note Tuesday. Speculation that changes to federal accounting laws could force the two companies to raise as much as $100 billion in capital sent the stock prices of both firms down more than 15% on Monday. ...

BOND REPORT: Treasurys Ease After Fed Oversight Request (Nasdaq)Treasurys declined slightly Tuesday after Federal Reserve Chairman Ben Bernanke suggested the central bank be given new powers, and mortgage lenders recovered from losses yesterday over concerns of their need to raise capital.

US pre-open: Markets seen lower (ShareCast via Yahoo! UK & Ireland Finance)US markets are expected to start with big losses as mortgage lenders await a speech from Fed Reserve chairman Ben Bernanke.

Stocks move toward lower open ahead of Bernanke speech (AP via Yahoo! News) Stocks headed for a lower open Tuesday as investors, anxious about the nation's stumbling mortgage lenders, awaited a speech by Federal Reserve Chairman Ben Bernanke.

IndyMac to stop most mortgage loans, cut 3,800 jobs (Reuters via Yahoo! News) IndyMac Bancorp Inc , one of the largest U.S. mortgage lenders, said on Monday it will eliminate 3,800 jobs and stop making most home loans after regulators concluded it was no longer "well capitalized."

Supply of mortgages 'remains low' (BBC News)A recovery in the mortgage squeeze is still "some way away", according to the Council of Mortgage Lenders.