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How Citigroup, CEO Pandit Turned Themselves Around - CNBCHow Citigroup, CEO Pandit Turned Themselves AroundCNBCCiti was among the most high-profile victims of the subprime mortgage collapse, losing billions when the bets it made on securities underwriting risky loans ...and more »
Politics, shaky economy create no rush to restructure Fannie and Freddie - Washington PostUPI.comPolitics, shaky economy create no rush to restructure Fannie and FreddieWashington Post"We're just beginning to see some positive signs in the housing market, but we're not out of the woods yet and so we want to be careful to be sure that we ...Sector Snap: Financial bailout recipients riseBusinessWeekall 285 news articles »
Dodd's Decision to Snub Republicans Could Stall Financial Bill - BusinessWeekDodd's Decision to Snub Republicans Could Stall Financial BillBusinessWeekPresident Barack Obama asked Congress in June for legislation to protect consumers from abusive mortgage lending practices, tighten oversight of derivatives ...and more »
Foreclosures Dip In February - KXJZ NewsKXJZ NewsForeclosures Dip In FebruaryKXJZ News“I mean if you look at the delinquency numbers put out by the Mortgage Banker's Association which measures people who are behind on their mortgage payments, ...and more »
FDIC Arranges Rapid-Fire Loan Liquidations - Asset-Backed AlertFDIC Arranges Rapid-Fire Loan LiquidationsAsset-Backed AlertSo were Barclays, Deutsche Bank, Keefe, Bruyette & Woods and Pentalpha. Stifel's next offering is expected to hit the market in the coming weeks. ...and more »
Claire's Stores Agrees to HQ Sale-Leaseback - GlobeSt.comClaire's Stores Agrees to HQ Sale-LeasebackGlobeSt.comReasons for the comeback include an enormous amount of equity facing a lack of quality product on the market, and improved mortgage financing alternatives, ...
UPI NewsTrack Business - UPI.comUPI NewsTrack BusinessUPI.comFully nationalizing the two huge mortgage brokers that now own or insure more than half the mortgages in the United States is one option. ...and more »
Almost Anything - Florida Times-Union (blog)Almost AnythingFlorida Times-Union (blog)You need to let the judge know what you are trying to accomplish from a foreclosure defense, such as a mortgage modification. Modifications take time ...
Casey Anthony's parents retain foreclosure lawyer - Orlando SentinelCasey Anthony's parents retain foreclosure lawyerOrlando SentinelThe bank alleges that the Anthony's have not made their $785.82 mortgage payment since June 2009, leading to more than $7000 in past-due payments. ...and more »
Ticking prime bomb: Fannie Mae monthly summary - Christian Science Monitor (blog)Christian Science Monitor (blog)Ticking prime bomb: Fannie Mae monthly summaryChristian Science Monitor (blog)Fannie Mae's numbers from December 2009 show the that it – and US taxpayers – aren't out of the woods yet. Fannie Mae's numbers from December 2009 show the ...and more »

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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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