| UK lender gains on govt. guarantees (AP via Yahoo! News) Prime Minister Gordon Brown insisted the British economy remained strong Tuesday while worried depositors lined up for the third consecutive day to withdraw money from one of the nation's largest mortgage lenders. us.rd.yahoo.com |
NovaStar to cut back on new loans, pulls stock offering (USA Today) Mortgage lender NovaStar Financial said Tuesday it is all but eliminating sales of new loans and will lay off more than 30% of its workforce as it deals with continued deterioration in the mortgage market. us.rd.yahoo.com |
Two borrowers find that loan modifications aren't easy to come by (San Francisco Chronicle) Loan modification sounds clear-cut: A lender changes the terms of a mortgage to make it more affordable. It could involve lowering the interest rate, extending the term of the loan or even forgiving some of the principal. Lenders are not forthcoming about how... us.rd.yahoo.com |
Trying to avoid paying PMI You might try refinancing to one mortgage, says Dr. Don. bankrate.com |
Astoria Financial Corporation to Announce Third Quarter Earnings & Host Conference Call (PR Newswire) Astoria Financial Corporation , announced that it expects to report third quarter earnings on Thursday, October 18, 2007 at approximately 8:00 a.m. Eastern Time . us.rd.yahoo.com |