Newsroom Headlines

  December 17, 2007 Mortgage Lending Senate Passes FHA Bill to Help Subprime Borrowers The Senate passed legislation on Friday that would make Federal Housing Administration loans available to

  December 14, 2007 Mortgage Lending FHA Loan Expansion Heading to a Vote Hundreds of thousands of minority and moderate-income home buyers would become eligible to get low-rate, low-down-payment

  December 13, 2007 Mortgage Lending Countrywide Subpoenaed by Illinois The Illinois attorney general is investigating the home loan unit of Countrywide Financial as part of the state’s expanding

  December 12, 2007 House Judiciary Committee to Mark Up Mortgage Modification and Judicial Pay Raise Legislation The House Judiciary Committee will hold a mark-up hearing today on a bill that would

  December 11, 2007 Mortgage Lending Legislation Would Regulate Mortgage Brokers, Require Reworking of Loans Senate Banking Chairman Chris Dodd (D-Conn.) plans to introduce an anti-predatory lending

  December 10, 2007 Study Finds Numerous Variables Influence Total Cost of Professional Fees in Chapter 11 Cases The results of a ground-breaking study funded by the American Bankruptcy Institute

  December 7, 2007 Mortgage Lending 'Piggyback' Loans Allowed by Freddie Helped Feed Mortgage Risks While federal law prohibits Freddie Mac from buying mortgages that cover more than 80 percent of a

  December 6, 2007 Mortgage Lending Lenders Agree to Freeze Rates on Limited Number of Subprime Loans The Bush administration reached an agreement with the mortgage industry yesterday on a plan to

  December 5, 2007 November Consumer Bankruptcy Filings Increase 28 Percent over Previous Year U.S. consumer bankruptcy filings increased more than 28 percent nationwide in November from the previous

  December 4, 2007 Hearing Looks to Ratchet Up Pressure on Credit Card Industry The Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations will hold another hearing