Borrowing requirements tightening and changing regularly in U.S.

Stephen Bernard The Associated Press Mar. 11, 2008 12:03 PM NEW YORK - The loan you qualify for on Monday might be out of reach on Tuesday.

IndyMac says it may miss forecast on asset declines

IndyMac Bancorp Inc., the second- largest independent U.S. mortgage lender, said first-quarter results may be worse than its Feb.

Wells Fargo still looking at deals, though proceeding with caution

Wells Fargo & Co. President and CEO John Stumpf said March 11 that organic growth represents the best opportunity for growth, given the uncertain credit environment, even though sellers' expectations have ...more

Stop Paying Your Mortgage and Walk Away?

More and more the talking heads on television have suggested that these upside-down homeowners should cut their losses and hand the bank the keys to the castle.

Housing Market Tracker - Struggling States Offer More Foreclosure Help

"People can't keep their houses because they can't afford the monthly mortgage payments, they can't refinance because there's no equity in the house, and they don't qualify for a loan ... More and more people ...more

Borrowing requirements tightening and changing regularly in U.S.

Problems in the mortgage market are spilling into other lending markets as customers struggle to keep up with payments on other loans, such as auto and credit card payments."The market is reinventing itself ...more



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Loan Qualification Requirements Changing Daily

The chief executive at Lowe's Cos. said Tuesday that a soft housing market and tight credit standards has created a tough sales environment, but he remains optimistic the conditions will improve.

Secrets of Pre-Foreclosure Investing

One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.

Lehman Bros. to cut 1,400 jobs

Lehman Brothers Holdings Inc. became the first of what many expect will be a series of finance firms to cut staff ahead of reporting first-quarter write-downs, according to Crain's New York Business.

Need to know

Mortgage lending The number of mortgages taken out by homebuyers fell by 19 per cent during January.

Washington Mutual's Shares Jump on Speculation Buffett, Goldman May Invest

Washington Mutual Inc. , the largest U.S. savings and loan, rose the most in almost eight years on speculation that Warren Buffett and Goldman Sachs Group Inc.

Some Bargains May Be Found in REITS

Real estate investment trust [REIT] companies have really taken it on the chin over the past year or so.

Private Equity Industry Glory Days May Be in Past

With buyout firms posting multimillion-dollar losses and failing to meet lenders' calls for collateral, experts say the private equity industry has seen the last of its glory days.

Loan Qualification Requirements Changing Daily

The loan you qualify for on Monday might be out of reach on Tuesday. Bankers and lenders are rapidly changing their requirements as home sales and prices plummet and delinquencies and defaults rise.

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TBA Lending.com Unveils March Television Campaign Focusing on Educating Consumers about Their Options

Talk of Buffett or Goldman Sachs BLOOMBERG NEWS Shares of Washington Mutual Inc., the largest U.S. savings and loan, rose the most in nearly eight years Tuesday on speculation that Warren Buffett and Goldman ...more

Homes, cars, credit cards - the credit crunch is hitting consumers

The loan you qualify for on Monday might be out of reach on Tuesday. Bankers and lenders are rapidly changing their requirements as home sales and prices plummet and delinquencies and defaults rise.

An A to Z of financial jargon

View as a single page 2:21PM Wednesday March 12, 2008 A - Asset : An asset is anything such as a house, share or bank balance which has a monetary value.

Reverse Mortgage Credit Report Helps Originators Get Ahead

It can be ordered through the Informative Research online credit system at www.informativeresearch.com. According to Joe Allison, Vice President of Sales for Informative Research, the report was created in ...more

Infusion talk boosts Washington Mutual shares

Washington Mutual stock rose the most in almost eight years on speculation that Warren Buffett and Goldman Sachs Group may invest in the company.

TBA Lending.com Unveils March Television Campaign Focusing on Educating Consumers about Their Options

As commercials air throughout Cincinnati in March the company continues to provide their services throughout the nation and is considered a top resource for any consumer searching for their next home or ...more



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